Hi all, Keep an eye on gold for a entry to the down side by monitoring price action. Seems like gold has been overbought and we are now looking for some short oppurtunity. Keep an eye on price action and follow.
Hi all. Please look at my last update on this pair.. We have a H&S formation that might want to be formed. We are watching price action as we seem to be ready for a push up!
Hi all. New update on the EURUSD, finding a zone where we can retrace from to grab some liquidity. Seems like EURUSD is a bit overbought and needs a pullback before any next impuls can come. We will monitor price action from here to see if we can get an entry for a short or that EURUSD will keep momentum and push up. Feel free to follow and ask questions!
Hello all, GBPJPY is forming a W pattern on the weekly chart, to complete the pattern its high possible that we make another push up. Before the push up i expect the minor pullback to grab some liquidity for the next move. Keep monitoring price action. Feel free to share your thoughts!
Hi all. USDCHF seems to be trapped in a channel, looking at the daily we monitor a LONG to complete the W-pattern. After we reach the level we need to monitor price action again because we eiter brake up( trendline & level) or we go down again. Keep you updated!
Hi all, Another possible H&S on the monthly timeframe. Will keep you updated as soon as we reach levels. Keep an eye on this one.
Hello all, update for GBPNZD long like said yesterday. We are looking at the weekly and monthly chart and want to see the H&S pattern. We are basically AT the level to go long at this point, so keep monitoring price action to step in. We might see a push down first to grab some stop losses and than a major move up.... Lets wait and see.
Finding a level at the green, waited for confirmation that we go bullish, nice retracement to the fib, now we can expect the market to move up and confirm what we see at higher time-frames.