This is a really nice trade setup. Descending trendline, weekly cross over on the macd followed by huge support at this level. We will be looking at shorting this pair to around 1.077 mark.
Has reached higher low on my uptrend. also sitting on some support here. Should see a nice bounce from this lower low on a smaller time frame.
I have been following gold for a while and watching how price action moves. We have an ascending trendline on the 4 hour chart, a cross over on the macd and the rsi is showing price is heavily over brought. Last time price action came to this price, it rocketed.
We have a descending trend with heavy resistance. Sell limit was set now running nicely.
Price action has failed to break out of its previous highs, and reacting really nicely with resistance around this level. We will be looking at taking a trade on this pair once we see further confirmation.
we will be placing a buy on usdcad. it has a ascending trendline, with a lot of support around this area. Not only that but it has a huge phycological level of 1.3000.
Price had a huge drop and is currently reacting to the 200 moving average. the 200 moving average is an extremely reactive indicator. We will look at that gold long to 1855.
At the top of some strong resistance. Also dropping from a double top. Should see a rejection here.
4 months later AUDNZD now at support the support level on the 4h. Market should retrace from this support level.
looking like its over sold, be patient and wait for the pull back
Lovely daily time frame. Nice bounce of the bottom of the ascending channel.