Wait till open and make your own mind, but many price rejections at this support, clearly has still, and therefore i can see great potential movement to the upside as marked. - Whats all your thoughts?
Shorting till 1718-1722 area. - This will then be a very informative area , which will show us which way this will be going. - Personally i think we will see a massive downside from here. We shall see
Once again, any comments or help, much appreciated. - broken Downwards trend / triangle. - Retesting, and currently holding nicely - Looking for a strong upwards movement from here
Not much to say, except from im still learning. Any feedback welcome. - As you can see, clear down trend on 4hr , and has touched the trend 4 times. A break of the triangle, could see larger downwards movement.
- If bounces little higher and closes, i would long to trend line. - If breaks and closes below, i would short.
A close today means i will be going LONG on EURUSD until take profit. - Trade Safely.
As of now ready for next week, looks a solid short if reacting to 61.8% Fib resistance. We could see spike down to potential support area, and possible more. Good Luck
-Rejected Resistance Several Times (1hr+4hr) -MACD Cross over due soon (Bears) - RSI Hoovering around 66-72 (oversold area)
Small lot in now. Wait till strong test setup
Start looking for LONG trades. Use risk management along side with trend line
Not too late for a short. Find yourself a good entry and trade safely guys. (risk management)
Going to wait for the pullback and test. Then bull on gold.
Daily Short here. - Strong resistance, RSI cross over on Daily.
1Day - 4Hr - 1Hr all setting up for a drop in price. All depending on the opening and if can hold and not push up anymore.
in the correction stage at the moment. if carry on bouncing on resistance line, we will see a carry on to the downwards trend to retest the next support line
As you can see, it may bounce of and carry back to test the strong resistance line