Good afternoon,
Following the recent price movement, if it breaks 156 i'll consider shorting the couple.
The same scenario is possible for most of xxxjpy couples in my opinion, and to some extension to gold as well.
Trade with care,
All the best
Good evening,
After the rejection of the highlighted area for a third time, gold has formed a nice head and shoulders pattern leading to a possible reversion towards 1800.
Trade with care,
All the best
Bitcoin has broken the 48k support level, hence there is short potential.
First target is the next support around 45.5k
If the bullrun persists the next target may be around the next support at 39k (very unlikely scenario)
Trade with care,
All the best
Good morning,
as for my previous idea on EU, the London session drop may be fake and reverse in the afternoon during the New York session.
EU skyrocketed, but I expect gold to be more slow in its recovery.
Trade with care,
All the best
Good moring,
EU is testing some interesting areas on the 4h, hence the possibility for a rally in the US session later today.
London opened with its classic 3 candles trap.
I'll look at the different setups and trade accordingly
Trade with care,
All the best
Possibility for a short position since audcad has been trading in the channel for a few months.
A bounce around 0.91 should be expected since the area acted as support before.
If the channel is broken and the resistance is not respected the setup should be considered invalid.
Trade with care,
All the best
