I favour red due to the PA. Watch closely. Set your own SL accordingly.
Green arrow or red arrow? Me? I suspect it will be yellow arrow. However 43 is a must to visit today.
Picture explains... Possible bear flag. Or just a start for bullish run, whatever it is.
Chart pattern is very clear... SP500 has reached the peak IMO, triple top is a huge sign..
Gold like to trap massive group on the wrong side and wipe them out... Or, long at the breakout.
Potential reversal 1824, 1833 and 1851 area. Do your own analysis and dont follow the punters in gold chat blindly. :D
Why? 5 reasons 1. Bullish wolfe potential 2. Support tested 4x 3. Last 1H bullish engulfing candle 4. Good R/R 5. Contrarian trade, lots of people are bearish gold now Final confirmation is a good close above daily pivot. Watch the candles. 1705 holds and I believe a test higher needed before a major move. Always have a solid plan when to enter a trade. Dont...
TO SHORT ONLY IF this daily candle close bearish hammer... Stop at 1850.
Self explanatory. Bullish wolfe! It it breaks down 1740, when recover, can long.
Confirming Double Bottom with Uptrend Slope. DXY is on the route to recovery.
I expect one more leg down before launching.
I still firmly believe that DXY has to correct a bit higher before continuation of decline as long as the current support holds.
My favorite day of the week is coming. Gold has been breaking upwards due to huge retailers shorting the Gold. Now, 3 upside wave are completed and met with a daily resistance. I am expecting a retest from previous breakup before heading up. Or maybe breaking down.
Daily and 4H chart pattern is ascending triangle. Wait for 4H bearish break for confirmation to enter. Watch the blue boxes as target and reaction, if there is no bullish candle, keep shorting. I am expecting to go below 1700 area.
DXY need to correct a bit higher to buld a case for a healthier bear run. Only enter with 4H candle confirmation.
This is a tricky trade to take. Base on PA, price need to go down for completing the wave for correction to be around 1742. Today until mid next week is pretty important. Enter Long around 1745 to aim higher.
EU has broken the descending channel around 1260. Bullish momentum is expected to reach 1400 at least.
Expect a pullback to re-enter long.