We are experiencing an upward move with some hundreds pips but regarding the concept of supply and demand which mostly control this pair, then we are expecting a massive drop when price reaches 167.000+. Regarding someone with a capital of 500 USD minimum, he can take a trade risking 200 pips for 1500+ reward. As it may take 1to 2 months maximum, one who have been...
As the price have reached the overbought point, we are expecting the nice fall finding the higher low of the major trend for continuation. Starting with this scalp of 90+ pips...
The General expected trend on this pair (AUDJPY) is bearish regarding the rising wedge pattern formed on the HT hence for scalpers it may provide some potential entries until it reaches the bottom of the wedge.
After the Gold move out of the corrective structure by a break out with a Stop-hunting character, we are now looking for its continuation move to 2,000's which also assures us of the continuous uptrend till 3,000's by the mid of February. Have different Idea?... OANDA:XAUUSD
As it has been observed since the last week, the Pound-Swiss pair have been moving bouncing within a 4hour consolidation and we are currently predicting for its acceleration downward following the formation of Triple-Top Structure at the 4 hour resistance. The further Qualification on the idea are also appreciated.
OANDA:GBPCHF
