bbriangithaiga

bbriangithaiga

THE POUND IS TRADING IN A CHANNEL BUT THE MAIN TREND IS BEARISH

bbriangithaiga

Gold is trading in a channel formation

bbriangithaiga

Moving Average crossover and RSI 3 just signalling that price is over bought...

bbriangithaiga

price has been forming LLs & LHs

bbriangithaiga

The black lines represent major S & R areas and the red one minor, we want to see price close above the red zone and continue to the upper black band... happy trading

bbriangithaiga Updated 

Support and resistance zones are in greyish black. wait for confirmation, a big shadow possibly.

bbriangithaiga

Price is finding some resistance to go up but overall bias is going long should wait for confirmation

bbriangithaiga

Price found support and might continue to previous high level

bbriangithaiga

price is consolidating before continuing up. i have a target at the 1911 zone. thoughts?

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waiting to see how price closes here for clearer direction

bbriangithaiga

price is showing weakness and has also touched my terendline...looking for a sell confirmation to enter trade

bbriangithaiga

on the hr 1 tf chart formed a triangle and broke to the downside... price is currently at resistance waiting for rejection or break out... bias is sell

bbriangithaiga

price is forming a broadening top... waiting for price to reach my red trendline and reverse for me to place a trade

bbriangithaiga

in the 4 hr chart price is making low highs and low lows...price is in correction but overall strategy is shorting this market, we're waiting for a cross on the trendline and a pullback to enter this trade.

bbriangithaiga

On the daily time frame price has reached resistance and price has been trading side ways for a few days... there is still some down movement expected. if you switch to the hr 1 chart you'll see clearly price crossed trendline to the downside and what i am now waiting for is the pullback before we resume down

bbriangithaiga

After some down movement a few days ago, price started correcting and if you take a closer look at the hr 1 and 15 min time frame price seems to be forming an inverted H&S pattern... if price goes up a good area to also watch would be 0.692...