Prices are in a downward channel and they are expected to break the channel in the upper side, this is good opportunity for traders to initiate long positions. Swing traders can initiate long positions and hold until their preferred take profit levels are hit.
Gold is expected to continue to drop, so traders should enter short positions and those who are already in a trade should hold for further drops.
This presents a simple buying opportunity to opt for long positions. Price expected to break the channel and continue in the uptrend.
The prices are in a consolidation area and a breakout is expected on the upside as the downward momentum has run out of steam. Traders can initiate pending buy orders.
The USD and CAD have been on a clear uptrend in which many traders have taken long positions and this has also been boosted by the strong dollar index. There will be will a continuation and the uptrend will continue.
a consolidation period price is expected to be bullish...great opportunity for traders to go long.
Potential Brilliant reversal After A Sustained Bullish Run. Traders Can Initiate Short Positions.. Good Luck!! Happy Trading.
After a Smooth downtrend the price consolidated bouncing on and off the support and resistance zone. A possible trend reversal may prompt traders to go long.
Traders should take short positions as the pairs were tested several times on the resistance area and they never managed to penetrate the resistance area.
Wall Street Kicks of With more Gains As Stimulus Boosts Stocks. We would be Expecting a Bullish Market so traders should take or place long trades on NASDAQ