TheGoldRoom

TheGoldRoom

Pair: AUDCAD Timeframe: 1H 4H Analysis: Round number Resistance bounce, Trend channel, volume profile, High ATR bearish candles Key Takeaway: Bounce off trend and resistance ————— Level needed: Need to see price hit 0.88240 ————— Trade: Short RISK:REWARD : 1:6

TheGoldRoom

Pair: EURCHF Timeframe: 1H 4H Analysis: Round number level, Support break, Trend channel, volume profile, High ATR bearish candles Key Takeaway: Break of trend in trend channel ————— Level needed: Need to see price hit 0.98335 ————— Trade: Short RISK:REWARD : 1:4

TheGoldRoom

Pair: EURJPY Timeframe: 4H Analysis: Round number level, resistance break, trend line break, bullish pin bar stick --------------- Key Takeaway: Break of Round number level --------------- Level needed: Need to see price hit 139.533 --------------- Trade: Long Risk:Reward : 1:10

TheGoldRoom

Pair: GBPUSD Timeframe: 1H 4H Analysis: Round number level, Support break, Trend channel, Fibonacci retracement, volume profile, High ATR bearish candles Key Takeaway: Break of support ————— Level needed: Need to see price hit 1.18155 ————— Trade: Short RISK:REWARD : 1:4

TheGoldRoom

Pair: AUDJPY Timeframe: 4H Analysis: Round number level, resistance break, trend line break, new trend starting, round number levels Key Takeaway: Break of Round number level and resistance Level needed: Need to see price hit 93,825 Trade: Long RISK:REWARD : 1:7

TheGoldRoom

TIMEFRAME: 4H TOOLS USED: 200EMA, trend channel, dynamic support/resistance We can see price has broken the 200EMA on the 4 hour which is a huge confirmation of the trend changing and along with that we break support and trend line which are also very very significant levels Potential Profit: 500 pips position: Long

TheGoldRoom

pair: CHFJPY Timeframe: W1 / 4H ANALYSIS TOOLS: 200EMA, trend lines, dynamic support and resistance, Fibonacci POTENTIAL PROFIT: 500 pipss POSITION: short Entered now

TheGoldRoom

PAIR: AUDCHF TIMEFRAME: D1 / 4H ANALYSIS TOOLS: RESISTANCE/SUPPORT, TREND CHANNEL, CANDLESTICK PATTERNS, CONTINUATION PATTERNS -Price is showing less volatility at the touch of support on trend channel -Also hit significant dynamic support -Waiting for bullish candles before entry -Aiming for last historical high on Daily chart ESTIMATED PROFITS: 400 PIPS POSITION: LONG

TheGoldRoom

PAIR: GBPNZD TIMEFRAME: D1 / 4H ANALYSIS TOOLS: SUPPORT/RESISTANCE, TREND LINES, CANDLESTICK PATTERNS -Price broken support trend line and has retested it as resistance -Also hit very significant and historical resistance and seeing some sort of bearish momentum -Waiting for candlestick confirmation until we enter ESTIMATED PROFITS: 300 PIPS POSITION:...

TheGoldRoom

PAIR: USDCAD TIMEFRAME: 1D / 4H ANALYSIS TOOLS: SUPPORT, TREND LINE, ASCENDING WEDGE PATTERN -Looking at the ascending wedge pattern we can see that price has broken the support trend line by significant momentum and speed -We have got back to the retest region where price is now retesting old support as new resistance -We can see bearish momentum come in to...

TheGoldRoom

PAIR: GBPAUD TIMEFRAME: 1W / 1D ANALYSIS TOOLS: SUPPORT, 200EMA, BOLLINGER BAND(20) -Price has hit very significant support and shown bullish momentum -We see a bounce off lower BB as well as added confirmation -Huge bullish hammer formed POTENTIAL PROFIT: 350 PIPS POSITION: LONG WAITING FOR CANDLE CLOSE

TheGoldRoom

EURAUD has stuck to the current bearish trend line for months now and we are finally seeing another bounce from the pair. On top of that, we can see price has also bounced off a very significant level of support turned resistance showing us that trend will be continuing. Targets are around 700 pips as we reach for the weekly swing low

TheGoldRoom

CADCHF is about to hit very significant resistance and we are either anticipating a drop or a break, due to the bullish nature we have seen. If we break the short term trend line we will expect a drop in price

TheGoldRoom

AUDUSD has been in a short term uptrend for some time but we have finally hit this very historical trend line on the Weekly chart. We have also hit dynamic resistance and seen bearish reactions from the Fibonacci Golden Pocket.

TheGoldRoom

GBPUSD: We can see how price has been ticking to a significant trend channel. The GBP has only ever shown weakness this year which is why we anticipate another drop. Once we get confirmation we are going to enter ourselves. We are looking for significant bearish momentum with the candle sticks and a break of the channel.

TheGoldRoom

USDCHF has been bouncing around these two levels (RED) and hitting significant resistance whilst doing so and cannot seem to break past it, we have just closed down past support and we are in run for a bearish move, we have put our TPs according to previous market structure and have aimed for the last swing low

TheGoldRoom

We have just seen a very significant level of resistance break and we have entered one position with a TP at the next major high. There has been alot of strength for NZD so we are looking for a big push upwards

TheGoldRoom

We can see how the level of resistance price has now touched has been very very difficult to breach throughout the past few months. To back this up we can also see we are in golden areas on the Fibonacci to see price continue in its downtrend. Once we break our short term upward trend line (RED) this will be enough confirmation to enter short.