Audusd has been rejecting the reistance area numerous times for a while now, I am expecting it too continue too fall.
TP- around 0.75500
Now lets see how this plays out.
I had posted a previous chart with a bullflag so we may see the dump and then a pump!
Please see to my chart posted last time.
What do you all think?
Ps soory about my last few...
Good morning all.
I posted this trade last week as a bullflag.
That trade is still open and this is the continuation of the trade.
I see it going down before a nice long entry.
What do you think?
Drop your comments below
Thanks for looking
Ps will soon be creating a whatsapp group for traders if you would like to join drop a comment
Ok here is another idea on this pair.
Could we see a continue of the bullish trend?
I have been shorting this pair since Monday and it is now a safe and secure trade with a decent profit but i.will.continue too hold it until my tp (0.75526) is hit or my very tight SL (0.77600)
I have related this too the chart i posted a few minutes ago.
What do you think?
From what I can see the 0.77030 level must be broken in order for us to continue to go down.
Or we may even see a bounce off and see a reversal for a short term growth back to the resistance level.
What do you think?
Drop your comments
Following from my chart posted on 13th April we have so far followed through.
This is only my analysis remember and anything can happen
I personally follow Lingrid and her idea is fall at resistance of 1770 and she is very good.
Lets see what happens now.
What does everyone else think?
I have put the areas where i expect it too risee too and fall from.
So everyone, The upward monetum has slowed and this is just a quick scalp idea before another big upside
I have entered a short already near to the daily high, very tight stop which is now a secure trade to close in a small profit.
If my TP hits the close of the next candle would give me another idea to determine the direction but according to my previous chart i...
Just an idea again as it did not follow through on my previous chart.
There is a good possible chance we may see gold like this unless we see a break of the pattern and carry on downwards.
This is just an idea and gold is unpredictable! I have followed many ideas and they have gone the wrong way!
What do you guys think???
Eurusd has broken out of the downtrend.
Could we see it break out of the current resistance?
Or will we see it bounce back down?
Lets wait and find out
This is my idea of what may happen, but anything can happen lol.
A new chart will be posted when i see a clear idea.
Thanks for looking and enjoy your day!
Hopefully we can get a head & shoulder before the sell, if this is correct the fall is expected at around 1745.19, also the may be a small fake breakout of resistance. I would wait for the confirmation though!
Do not follow the trade it is just a thought which maybe highly unlikely. There may be other outcomes. Will be posting another chart of what i think.
So gold has been good so far!
On the D1 the trend is still bearish and we may continue to see that for the next few weeks
I can see gold go upto around 1781 mark and a potential safe sell entry too see it go down amd break out of the support maybe between 1650-1640.
WKLL HAVE A TIGHT SL ON THIS
SELL ENTRY - 1780-1782
TP1 - 1729
Going 1 direction which is up!
Firstly gold is following the yellow trend lines
If we see a break of the resistance (the green line) gold could pass the 1900 area and will follow the second trend line (the red line)
Clean and simple chart, simple analysis, self explanatory and obvious!
Tp 2 1875
Gold is perfectly following the bottom trendlines creating higher lows and looks a good buy entry. SL - 1800
However if this trend is broken we will see much more losses to around 1750 area.
Currently a clear downtrend!
My prediction is it will go back up and may even break out of the downtrend!
If we break 1800 i would wait to see its next moves