My analysis on Gold is to LONG for next week, it seems like it's going to retrace for a but and start to climb up for 1 to 2 days. There might be a potential short if it comes back down to the previous support we will have to wait for some price action to check for long or short. See you all next week. Let me know what you guys think, comment below if you think...
I watched the price retrace back to 1650, 1645 and now that it goes lower to that price I'm expecting it to lower to 1620 as the first take profit and 1600 as the second profit. Let me know what your target is.
Shorting AUDJPY, let me know what you guys think. I can see that in the RSI, it's already overbought, Based on the NADARYA indicator, it's about to go down and 3 candle stick pattern support it. Still new to this Indicator and checking to see if this is something you guys have as well.
I can see a divergence. I think it already moved upwards and not retraced and got rejected, I can assume that this is going to move to upwards soon. Let me know what you think.
Right now the trend seems to be moving down and continuing to go even lower. We will have to wait for a potential reversal because I can see a Hidden Divergence. Higher Low and Lower Low on the RSI. Let me know what you guys think.
Long position for GOLD, I believe that that middle point where gold always goes back is 1800 and it's going to break that again before shorting.
Long pattern on Daily, 4 hours, and 1 hour. H ad to follow a trend and historical data to check if this trend will be valid. Let me know what you think.
I expect to see this trend to move down as soon as I see a reversal. Let me know what you guys think about this idea. And please don't be shy to comment and share your thought.
I'm seeing a bearing divergence on the 1-hour timeframe chart. though it might take a while to go down. Let me know what you guys think and what would be the best entry and take profit on this trade.
I can see a cup and handle pattern here and it might move down to 1500.00 to 1400.00 and then will start to move up again. Let me know what you think about this analysis.
Divergence on the 30 min timeframe. Let me know what you think.
I noticed there's a Bearish Divergence to CAD JPY. Let me know what you think
I'm looking at the daily chart and as expected it moved to the upside for 2 days to maybe take out some traders who put their stop loss at the resistance. I'm not too sure at this point if it will still move up but I think we're on a good start. Let me know what you guys think.
I think GBP/USD will go down for retracement and will complete the "w" pattern and move to the upside. I will watch the price action and will enter a buy. It could potentially break my support and have an extended W pattern. Let me know what you guys think.
It already broke the resistance and bounce back to the support line. It might continue moving up.
This might be the case for gold. I'm waiting for the breakout and will consider entering a trade. Let me know what you guys think, share your ideas with me please let's help each other. :D
The EUR/USD will go up to complete a retracement or it will continue to go down. According to the screener it is a strong sell. What do you think of this short trade?