The yellow metal is on the edge of continuous fall or a bounce to 1840...(Technically yes) Daily TF shows some slight rejection on the 28th. Next week: there's a lot of high-impact news lined up not to mention the NFP... Again it's either up or down... The question is what's your action... I'll have to wait and see after the news... (patience_ The GDP was green,...
Can the yellow metal hit 1860? After it surpassed 1850, It will probably test the 1860 (+/- $2) 1858-1862 level. If it respects the W and D resistance trendline. Then it's time to go short. Watch out for the price action and news results today... Some major impact news will be announced today (after 12 hours). Again, continue to exercise money management. GOLD...
XAUUSD - Scalping Gold reached the London and NY highs. There is a possibility that it will bounce back down to the Asian session low yesterday. It's just a prediction but not a recommendation. Price action will point where to...
This is my prediction for the week... The gold may rise to 1840 level from its present level (1834) If it respect the TL as mapped in chart, it may goes up to 1860 (Technically) Fundamentally? who knows. Always trade with caution, proper money management is the key.
EURJPY update I am waiting to come up and retest the previous resistance level. I prices action shows me confirmation at that zone, I'll take a short trade. A pin bar, bearish engulfing candle is sufficient to risk 1-2% from my equity. Trading is all about proper risk management. What's your idea on this pair guys?
XAUUSD Update: Will it go down further? After breaking out the level below 1813, will it continue to fall down to the next support zone? Let's wait for the NY SMI results in 2-3 hours. Always trade with proper money management...
BTCUSD Update: Potential reversal Are you ready to go long position? Wait for another price rejection, buying pressure... watch out for breakout... Always trade with proper money management
XAUUSD Update for the week It may rise up to 1820 level then bounce back down to dynamic support through the trendline, or all the way down to 1790... Or it will fly and restest the 1828-1830 level... Fundamental should be considered in this analysis... Trade with proper money management
Looking at this pair... AUD CAD might go down for one retest on my zone or It may continue down further... If it rejects the zone and shows buying pressure, I'll take an entry Another confirmation is a hidden RSI divergence is formed, Prices are above the 50 EMA at 4H TF. Again, make your own analysis...This is not a guaranteed recommendation (MArket is...
AUDUSD - Waiting for the retest - breakout Forming Head and Shoulder in this time frame or It may retest this level and continue its trend... Nevertheless, trade with caution and proper risk management.
After breaking above my trading area, I am waiting for a restest. Looking for some price rejection, engulfing candle (bull) plus a confirmation that price is above 50 and 200 EMA's... I'll use 2% Risk. If you want to follow this setup, trade with proper risk management. Past performance does not guarantee future results. Look out for the news (fundamentals) plus...
GBPAUD - I'm still waiting for clear price confirmation. What do you see on this setup? Let's master the market together, share your ideas too. For any trade entry, use proper risk management - the key to profitable trading.
EURUSD - Head and shoulder below the level of daily structures. Do you think is is a valid reversal from a bullish run? what do you think guys?
NZDCHF is bullish on the Daily time frame. I've been monitoring this pair, I took an entry today, and let see what will happen. What's your point of view guys? Trade with proper risk management.
AUDJPY - Breaking daily structures in 4H TF -I'll wait for a retracement to 50% level on Fibonacci... -I'll make sure it's above 50 EMA level -I'll wait for price action (buying pressure/Selling rejection) Bullish engulfing candle is enough Set stop loss Trade with proper risk management "Patience is a virtue"
AUDCAD - All session - Go for long trade I'm not a big talker, I can see it's going up this time. I don't know what you can see but I think we're seeing the same thing... Set stop loss below the double bottom and aim for a higher reward... Risk management
USD JPY - Sell limit After days of bull run, I think the bear is slowing it down... On the chart, if it follows the pattern, the double top signals a downside trend... Apply risk management (Nothing is certain)
Day-trade GBPUSD - Long Trade is possible this week After a bounce from the previous supports. Fib tool at 61% forms a double bottom. I'm waiting for a price action like sell rejection or buying pressure (bullish engulfing) What's your vision guys. Let's master the market together, share your thoughts There's no perfect analysis... Trade with proper risk...