MQL

MQL

Once price hits resistance expect it to come down back to the support it previously formed. If it breaks the bearish pattern, expect it to go up to previous support / resistance prior to it

MQL

GBP/JPY broke the bullish channel i the 4 Hour and Daily time frame. However i do believe this might just be a fake out and will head back down. However if it doesnt, expecting the market to turn bullish again after the retest as GBP seems to be quite strong right now. Any thoughts on this analysis?

MQL

What do you think will happen to this pair as it has previously broken the bearish structure that it had created. I have a feeling it will retest and go up to continue as a bullish market but im not too sure as of yet. Confirmations will appear once the market opens again though.

MQL

Trading with the psychological levels we can see that that the major psych level has acted as a resistance and price seems to be heading down as indicated by the bearish engulfing candle that has been formed as markets closed.

MQL

Wait for bullish engulfing candle to take this trade as XAU has broken the triangle pattern and is now heading back up

MQL

Reversal from previous resistance, heading down to the previous point of reversal when the key zone acted as support

MQL

Seems to be ranging currently, once it breaks expect it to head up

MQL

This is what i expect to happen to GBP/USD in the next hours till friday. What do you think?

MQL

You can wait until the candles break the bearish triangle formation, however, XAU has currently rejected the key zone on multiple occasions. As such i can see XAU going back up to the previous key level

MQL

XAU is currently in a range, bouncing off of support heading to resistance again

MQL

US30 Idea

MQL

Short, what do you think?

MQL

Reversed, hit support and became resistance, hoping to see it come down to the low again

MQL

Short :)

MQL

29932, Support level formation: 3 Wick rejections expecting DJ30 to head towards the resistance zone

MQL

Expecting it to hit the resistance zone prior to that and to reverse back down.

MQL

Expecting it to hit 127.419 and respect the resistance zone and for to come down and hit the next support level. 3 TP's are placed just in case of reversal.

MQL

Thoughts on this?