Hitting multiple support confluences. Looking to go long in between 1475-1480. targeting first 1500 and then 1520. Really good R:R on this one.
Price has broken through support trendline at a crucial resistance level around 140.000. Looking for a high manipulative retest up to this area for a further fall down. Predicting a rally upwards and then with the heavy GBP fundamentals later this evening, that may be our catalyst for our sharp move towards 138.55
Expecting UC to come down from these levels to atleast 1.3200 where we can look for a potential second target at 1.3100. If taking shorts here, its recommended to have SL at 1.3315 or higher.
On the daily and 4H we can see a manipulative spike to shake retail traders. Any closure or retest above the high of the candle and our trade is closed. Looking to fall down to $7500 levels
After some big fundamentals we have seen a push above 1.1000 but the move hasn't been too strong. i do see weakness and as well we are still within our trendline. You could short at this leel with a 15 pip SL and TP at 1.1000 for a quick profit, but for those swing traders, i do see a good opportunity here for a 100+ pip move. There is USD news in 3.5 hours so if...
Our gold call has followed with a swift 250 pips in profit. Please take partial profits if you have been following along and keep that SL trailing. It seems as though we will have a retrace in gold, either to the 1500 level or 1504ish. If currently not in a trade you can look to short at these levels or take the aggressive route and go long and then short as i am....
Last trade we were able to bank 50% profits at the 60 pip mark. Gold has had another rally and is closing in on the trendline above. I have entered a 50% short and another 50% at the 1519.50 as i expect a fakeout to occur, most likely taking out stops at the 1520 level. SL set at 1525 for nice breathing room as there is also some fundamentals going on. Any 4H/D...
Expecting a drop in EU as it continues down the bearish trend and bounces of the inner trend line as well as rejecting the key monthly level. 3.4 R:R Wider SL is encouraged especially for any conservative traders
Manipulative spike came in and shook some retail traders, just breaching 1511. Good opportunity to enter short here at the 1510 level. SL is at 1515, conservative traders should look to put 30 pips past the daily/4hour trendline and ride out done to 1450 and below
Big move to the downside for gold in the coming days and weeks based off of pure price action and tell tale signs from institutional traders
GBPJPY looks to be on the brink of a downfall judging from the technicals. We have just recently had Brexit news and currently are within the BOJ conference. This is bound to be explosive most like at 150+ pips. I am favouring the downside but regardless of the direction, it will be volatile and strong
here we have a completion of a inverse head and shoulders with a bullish continuation pattern being our breakout, we can look for a TP at 63.70 at the FIB level
GA was able to sustain momentum and failed to break through support. Up next we have the top of the smaller TF channel and aswell our weekly channel. Most likely to spike to the smaller channel and close around the weekly channel. After that we can look out for a reversal and bearish price action
Broken through support, we should wait for a retest for another opportunity at a nice short
couple hundred pips on the downside ahead for oil
ready to fall very soon out of the range. lots of support and TL's to bounce off of but can expect at least 150 pips
EU ready to crash. currently at a crucial point of reversal. either downwards from this point, or a manipulative spike to the upside and a further leg down