A break of H1 resistance could see a move to 0.96300 Could potentially see the complete move during Asian session, but personally will only take entry during London session Reasons for this trade: - Price on daily support - Double Bottom - Divergence - Strong candlestick rejections on second leg of double bottom
intraday trade looking to buy back up.wait for bullish variation on lower time frame
waiting for price to come back down to support for a buy entry
I want to see a 127.20% extension then a retest of support before I consider buying
Intraday opportunity More upside potential but waiting for price to come down 15 pips or so back to support for more profit potential and less risk.
BULLISH BIAS ON THIS ONE -DIVERGENCE -DOUBLE BOTTOM -WAITING FOR RESISTANCE TO TURN BACK INTO SUPPORT FOR CONFIRMATION
Price currently between support and resistance so I'm waiting for the pullback to support at 1.19.
Waiting for a break above then a higher low for confirmation
Bullish for now but these are the possible price targets I'm looking for on gold in the coming days.
Overall short. Invalidation occurs at a break/retest above 119.814, then price can head to 120.40.
We broke out the range to the downside. I'm expecting a retest of 1.1200 then down to 1.1150.... Might retrace further to 1.1215, before continuing down so keep that in mind.