It already started moving towards our ideas so that's another good confirmation to go for a long but hey, wait for the next week to take your buy. Market could go anywhere as it wants to so waiting an extra mile for a good confirmation is always the best!! Good luck my people :)
Seems like the USDJPY is trying to form an UPTREND and reverse back to main resistant level. Hope it will hit Fibonacci line 0.786 and 106.7 price level.
Simple, yet powerful uptrend visible on the CADJPY. We are entering the second swing on this uptrend which make it even more clear to take a long position but keep in mind there is no perfect trade. Don't be greedy though, money management is the key :)
We are on the right direction and our first chart on GOLD is doing the move as expected. I have modified this chart to make it even more better by obeying the DAY chart resistant level. We managed to hit our TP1 before the market has closed on the Friday! There is a good flag pattern visible which indicate it can go up to the last high very easily. Also you can...
I analyse the chart based on technical analysis. Here we can see the candles have formed above the neckline which indicate it is following the Head & Shoulder pattern and is ready to fly high once it make a retest when the market open. Now you can do your analysis and if it much up with my idea then you can also place a BUY position after the retest and...
GOLD struggle to reach demand zone and therefore expecting a breakout at the supply zone and if it happen there will be a huge boom for GOLD. Keep an eye and only BUY if a breakout is fully confirmed. Manage risk and open trades at your own risk as I am not an expert in the prediction. Market are meant to be move on emotions! Any thoughts are welcome :)