Next week Gold/Dollar Trade Idea. Looking at the H4 and H1 time frame, you notice that the price has just broken the up trend line. Forming a Double Top chart pattern on a 2012 resistance line. Wait for a retest on the Up trend line, and plan your sell entry. Good Luck
Next week Gold/Dollar Trade Idea. Looking at the H4 and H1 time frame, you notice that the price has just broken the up trend line. Forming a Double Top on a 2012 resistance line. Wait for a retest on the Up trend line, and plan your sell entry. Good Luck
It has break the trend line, pull back and continued aiming to the next weekly resistance at 1.24399 But still keep ya eyes open on the target. The bears are still in charge on the D1 chart. Watch out for Trend reversals and downtrend continuation.
Expectations for CHF/JPY H4, If the market opens below the closed price, it's a perfect entry for bullish pullback.
The price has hit a demand zone and will probably move upwards to the next resistance level.