The up-trend is end. What we are looking for is a sell setup to go short on Gold. Because all the structures has been completed. Maybe, we won't see 1700 again in the next 5 years
GBPJPY had been dropping since nearly end of 2019. But it was a correction for us. As you can see the down-trend with line has been broken, which means, Long-Term view is to break 148.000 region. Even if it will break that peak, we are not gonna hold our trade that long-time. What we are waiting for is the next impulsive move to the up-side.
Maybe, many people looking for a buy on this pair because of DXY strenght. But the structure doesn't lie. We will be looking for a sell even if it breaks 2018's top.
We analyze GBPNZD's corrective structure is about to end. Look for a down move on this pair!
UsOil has been dropping hardly for almost 2 months since JAN 5th. The recent down wave was very good opportunity to sell. We all know that the market moves in cyclic waves (UPs & DOWNs)... Our team expect UsOil to make an up move!
Stop loss $1612 Use proper risk management and position sizing!