JeffersonTrades

JeffersonTrades

After a break of minor structure, I'm looking short with a good R:R SL;1.6139 TP:1.2865

JeffersonTrades

We are currently approaching support and with a good reward to risk, we may catch a few pips in before a change in character.

JeffersonTrades

I'm going short on the Euro because of the change in character from bullish to bearish. Market is currently approaching support and we may position ourselves for corrective posiotions.

JeffersonTrades

We may see a test of support for an upward continuation which is most likely. For now, I'll go short and wait to see what happens at support.

JeffersonTrades

I'm looking to catch a few pips up from here and wait for either a reversal at the closest resistance or an upward continuation after correction

JeffersonTrades

We are likely to see a continuation downward if price pushes below 1648.500. The only way we can expect an uptrend is if we see a momentum shift above 1680.440. Let's wait for price reaction to see where to stand, we have news in about 82 minutes so, we may just seat and read price till we have enough confluence.

JeffersonTrades

We are currently seeing XAU/USD break and retest a major support level on the weekly. If we see a break back above support we are most likely to see a bullish market till 1900.00 at least. A break below 1600.00 may result in a downward continuation till 1450.77. STAY PATIENT, since we are in a downtrend you need STRONG REASON TO BUY, MORE CONFLUENCE, MORE CONFIDENCE.

JeffersonTrades

Dxy is currently in a strong uptrend and we will need a valid reason to go short. 111.9284 is a valid level of support which when broken we may see a downward correction till at least point X: 107.9379 which served as a level of support for the most recent rally.

JeffersonTrades

We are currently seeing price at a major level of support which was created in November 2020. If we see price break above the 1169.41 price level, we may see an upward correction till at least point X:15002.65, but if we see a break below 12072.78, the market is likely to continue further downward to point Y:800.00.

JeffersonTrades

We've been on a downtrend since the 28th of September and considering current weakness in price we may see a downtrend till at least 107.9379 price level which served as support for the September rally.

JeffersonTrades

XAU/USD is currently in an uptrend but considering resistance at the 1724 price level and the bearish momentum this morning, I'll be going short till at least1690 where we may see a potential upward continuation.

JeffersonTrades

from the daily perspective we are still in a downtrend and we are most likely to see a correction before a downward continuation.

JeffersonTrades

Gold has been in a bullish trend since the 22nd of September after a strong momentum from a major weekly support level, based on my analysis, gold is likely to continue Upward to 1780.000 If it fails to break below 1692.582 level which served as a previous support and area of resistance. A break below level X(1684.225) will indicate weakness in price which may...

JeffersonTrades

I'm not a stock trader but when I see a stock at an overbought or oversold price, I just can't resist the temptation to analyze and if possible, catch some few pips in. Nike has been on a solid downtrend since December of last year, 2021, we are currently seeing prize at a major support level which was tested in May 2020, we may see two things happen at this...

JeffersonTrades

We are currently seeing a downtrend on AUD/USD and unless we see a break above 0.66004 we cannot be certain of an uptrend. We may see the market continue to point X:0.5600 and Y:0.60050 for a bearish exhaustion before an upward reversal.

JeffersonTrades

USD/CAD is currently showing signs of weakness after failing three times to break above the current resistance level. I'll be selling till at least 1.3400 where we are likely to see a correction

JeffersonTrades

We are currently seeing a strong resistance to the upside, hopefully we may see a bearish market till at least 1.35462

JeffersonTrades

XAU/USD has been on a bullish correction after break of 1637.045 lower high. I'm currently waiting for a break above the 1659.740 area which was a previous support level. You may set an alert around the 1637.045 to take bullish trades after further confluence. All the best!