buy support sell resistance.. price is now at resistance but I dam sure wouldn't wanna sell here what u should of done was bought in at support but if u miss that don't go chasing it and buy as resistance instead just wait for the next higher low or if this is a point where the market is gonna turn wait for a bearish signal which can come in the form of...
beautiful set up on Gbp/jpy. Head and shoulders..... Looking for this pair to drop around 140 area
: Price action thus far this week has brought EUR/USD back towards the most recent higher low area (1.1690) in which a new equal low has been created. Another retest of the FIB zone is where price currently lies
Gold turned at the resistence but im not all in on this short until i have a couple more support broken. But so far gold has reject off a nice support area, so lets see if it close above that area and finish going bullish. if so i see gold going up to $1300 area
GBP/USD Daily chart. Price has broken our Inner trendline and on to the next Outter Trendline, as u can see GU is dropping around the 61.8 with a strong support level and trendline for triple confirmation (CONFLUENCE TRADING) we have multiple confirmation. i see 100+ pip drop and GU rising... Lets See Guys
The above chart is our Daily analysis of GBP/CHF, where price has recently shown a breakout to the upside which has led to price printing a new higher high. Price last week showed a bearish engulfing which has led to a retracement. As we have seen a recent higher high, we are looking for the retracement to print a new hgiher low
Now We observe a new trade set up In 4h chart, the trend line is broken and price dropped very quickly after August NonFarm Payral. Looking for this par to reverse around 61.8 area