looking for long entries after price makes breakout of 165.432
waiting for the breakout of the ranging phase that GU formed in between 1.2411 & 1.2167 zone to look for trades.
looking for a breakout of 1803.11 to look for short entries & for long entries, we are waiting for a break & close above 1871.63
Head & shoulder patter formed. We are waiting for a break & close below 164.476 to look for trade.
waiting for a breakout above 166.414 to look for potential buys.
1. If EU continues to respect the uptrendline & the support zone at 1.07060 while forming higher lows, then it might continue to move up to 1.08593. 2. however if eu breaks out the uptrendline & also the support zone, then it might come all the way down to 1.06439 or 1.05928.
1. Price could come retest 1897.09 if breaks above the high of 1869.00. 2. Or Price could come retest the low at 1897.09 if breaks below the support at 1832.90.
GJ formed a symmetrical triangle pattern. Now waiting for a breakout of the symmetrical pattern to look for trades as shown in pictures.
GJ facing Resistance at 159.746. A breakout on of the resistance, might lead the price onto the next zones in the direction of the breakout as shown in picture.
Gold made a breakout of the daily tf downtrendline and moving in a newly formed uptrendline while its making a breakout of its strong resistance at 1855.29.
EU breaking out of downtrenline & strong resistance at 1.06077 while it has strong support at 1.04813.
EU retesting downtrenline & strong resistance at 1.06077 while it has strong support at 1.04813. waiting for a breakout of that ranging phase from eu
Gold making a breakout of the daily tf downtrendline while moving in a newly formed uptrendline. but its facing strong resistance at 1855.29 & support at 1829.53.
1. Price might make a retest on the downtrendline & continue pushing down if respects 160.171 zone as resistance. 2. Or price might break & close above 160.171 & make small pullbacks to continue pushing to 162.185.
Price might go down to 1.02033 if breaks below the previous low or might come all the way up to 1.05146 as part of a deeper pullback if breaks above 1.04287 .
Price might come up to 1832.14 or 1857.80 as part of a pullback to the down trendline & continue pushing down or price might continue going down from recent price as well all the way to 1786.86 or 1765.73 if it breaks previous low.
Eurusd formed is currently ranging in between the ranging phase shown in the picture. so we're waiting for a breaking of the ranging phase from eurusd to for trades out of.
looking for trades on gold if price breaks out of 1850.71 support zone with further bearish momentum