As gold breaks the channel and retest on 61,8 Fibonacci Retracement level. Goodluck traders.
Gold have been forecasted to be bearish note that risk management is advised as trading is associated with high risk and can result to a loss of funds. Goodluck!!!
It was indeed a bearish market with high returns, this is where I will take half of my profits.
Gold continues to plummet after a strong pullback. Sellers expecting a strong domination of bear market today.
Gold has high chance to just plummet, do not miss out this opportunity.
GBPUSD have been predicted to be bullish this week and everything looks promising. Traders can target the levels indicated on the chart. Goodluck traders. OANDA:GBPUSD
A bullish move is starting to develop on G/U. We can expect potential highs this week.
GBPJPY retraced and now it is starting to take off. It looks like today we will break yesterday's higher high.
GBPJPY made head and shoulders as it starts to break a channel on 5 minutes time frame.
Move your SL to 160.421 as a Fibonacci retracement has been recognized... at the same time profits have been secured 👌
Yesterday we did trade GBPJPY and we hit 🎯 TP 1 and 2. Today we are going to hit TP 3🔥. Patience and trading according to the laws of the market pays off ⚖️💰
When we look at four-hour time frame we are at resistant, at the same time the 1-hour chart and RSI shows some divergence. The 5 minutes time frame shows the beginning of a down trend.
Let us take advantage guys! When we go to 5 minutes time frame the 25 MA already crossed over.
USDJPY looks promising, we are in a down trend and head and shoulders have been identified. The market might fall pretty hard from there, scalpers should start looking for possessions in their smaller time frames. Let us take an advantage of this!!
Must look out!!! USDJPY is in a dilemma, we must wait for the market to confirm everything then we take informed decisions. Full information is in the chart written with blue. 👌
USDJPY has broken a trend line, traders must look for selling opportunities.