iAndi

iAndi

This looks like a flag sell setup. I would recommend to wait for a clear breakout and then sell it. It can also rebounce up before it falls so wait for the breakout TP1 1.42400 TP2 1.41500 TP3 1.40500

iAndi

s3.amazonaws.com Yesterday's fomc made the pair retrace a bit for a long entry and I don't think we will have a breakout. A good area for long entry is between 113.200 and 112.900. TP1 113.700 TP2 114.600 TP3 115.100+ SL below 112.700

iAndi

s3.amazonaws.com Follow the ABC correction of the Elliot on the breakout. You can even enter now at 1202.00 TP 1225.00 SL below 1192.00

iAndi

s3.amazonaws.com I personally believe this pair has still to go down. Either way, a breakout is most likely to occur, either it is up or down. I am trying for a short here but if that is not the case, a long will be. TP1 on short would be .048 TP2 .038 On breakout, SL should be set above .055

iAndi

s3.amazonaws.com The breakout occurred last night. However thanks to the retrace and test of a fakeout those who didn't enter still have a chance to go in. 1.60 has been a very strong support for the pair. A good buy would be between 1.60 - 1.62 TP1 should be at 1.648 TP2 1.66 if .648 breaks out SL below the support

iAndi

s3.amazonaws.com We have a diagonal created since the uptrend of the gold after it reached it's bottom for last year. I believe a small breakout has already occurred which might retrace a bit to give us a chance to short it before it falls. A good entry on this would be around 1245.00. This is a long term trade and I personally am aiming for 2000+ pips.