Nardobanks

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GU

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Confluences Weekly: 3rd line bounce on trend line possibly forming. Daily: Counter Trend line. 4H: Waiting for a break retest and continuation in the clear direction.

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This trade is a breakout retest and continuation in either direction

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EURJPY

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AU

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EU

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Pending Order Set

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SELL STOP

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Price Action (P.A) representing a clear uptrend however a deeper pullback maybe in play to any one of the Fibonacci levels: 38.2%,50.0%,61.8% before going higher. OR Price Action (P.A) may just shoot to higher prices from here. Even thought Price Action (P.A) is current flavoring the upside I would not place a trade until next week.

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To enter the trade short I would wait for some type of pull back, keep in mind the pull back may or may not happen

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Price Action currently printing lower highs and lower lows. P.A is trapped in a pennant triangle formation if we get a breakout retest and continuation in either way then I will enter the trade on the continuation of whichever direction Price Action Decides to goes. However P.A is bearish creating Lower Lows and Lower Highs.

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Eu

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NU

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If P.a manages to break retest and get a continuation in either the direction as P.A is in a Triangle pennant and my last EURUSD SHORT idea is invalid. Because P.A as bounce off the trend line for a 3rd time and awaiting a breakout retest continuation to the upside. However i will be awaiting to see in which direction the breakout retest and continuation goes.

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EJ

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AU

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Gold