JayForexAcademy

JayForexAcademy

Gold is still bullish. It created higher highs on 4H last week and so I think it might retrace to the 4H order block from where it might continue bullish to take out previous highs not yet taken. My trade setup is at least 1:2 risk:reward. NOTE: APPLY PROPER RISK MANAGEMENT

JayForexAcademy

Gold shows a pause or stop in the bullish move on higher timeframes which might indicate that a retracement might begin. A look at the lower timeframes shows some bearish price action and one might take a risk on a short term sell. My setup gives a 1:2 risk:reward. Remember to ALWAYS consider risk management and don't risk more than 4% of your equity

JayForexAcademy

US30 has shown a pause on the current bullish movement on higher timeframes which might indicate that a retracement downwards is about to begin. On the lower timeframes it has started showing the willingness to drop and if you're willing to take the risk you can take a short term sell. My set up is a 1:5 risk:reward. Remember to apply proper risk management and...

JayForexAcademy

GBPUSD will rally to collect liquidity at shown zone before continuing with the drop