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vj20_fx vj20_fx XAUUSD, 240, Short ,
XAUUSD: GOLD SHORT (2 SCENARIOS), 240
105 0 2
XAUUSD, 240 Short
GOLD SHORT (2 SCENARIOS), 240

In this pair, I have analysed and come up with two possible scenarios. The two uptrends shown are very strong and likely to continue. I believe that price may bounce of the first trendline (blue arrow) however if it does breakthrough, it will bounce of the second trendline (green arrows). I believe the second trendline is more likely as it has only had 2 touched ...

vj20_fx vj20_fx CADCHF, M, Long ,
CADCHF: CADCHF 1M
22 0 1
CADCHF, M Long
CADCHF 1M

This is a great opportunity for a very long-term LONG position. The pair has been in a strong downtrend since 2008. From Feb 2016 it has shown strong bullish action focusing on the candlesticks. I believe it could hit the weekly resistance and bounce off to now begin either a uptrend or consolidation.

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