Eurchf was on a channel for a while. The market has recently broken the channel and we can expect a big move to the downside. Right now the market is extended to the downside so not a good opportunity for short. Waiting for the market to go test at least 0.38 or possibly 0.5 or maybe even 0.618 fibo retracements on daily chart and sell from there or the market can...
Eurcad has been going down for a while. we can now expect a retracement to the 0.5 or 0.618 on the daily chart. Also, after the market gives a retracement to the o.5 or 0.618 we can expect a big short to the downside. Market has already broken resistance on 4h when the resistance turns into support I am buying eurcad. You can buy there too or use your own strategy...
Sold gold in 1910. XAUUSD monthly chart is overextended and in need of a retracement. My target is 0.38 fibo retracement on the monthly chart. Also the weekly and daily chart is indicating short. So, a good short opportunity in gold. I sold when fibo touched 0.618 on 4H and right now in short with 1:4.5 risk to reward. If anyone wants to sell gold then wait for a...
nzdcad broke the daily resistance level. It's a good time to follow the pair and look for a possible short. wait for nzdcad to go and test the daily resistant level 0.87500 and make it support level then sell from there.
Gbpusd is looking bearish. A good opportunity to sell on 1.29250 to1.29400 resistant level. look for rejection to the upside. and also the cot data on gbp is very bearish. So, looks like everything is bearish on gbpusd.
