Potential fakeout zone to grab liquidity at Daily fresh supply with RR 1:12
Gold may create new ATH at this year after touch daily & weekly demand as it finish the flag channel pattern
Gold possible in accumulation phase
I analyze that Gold now in phase of Accumulation before move higher through Wyckoff Concept Analysis
Gold BUY Scenario using Wyckoff Concept which is on Accumulation Phase
Potential create Rising Wedge Pattern on H4 for Big Correction Move
Gold will potential continue bullish trend by trapping seller to create HL
Gold we predict will create consolidation area before move up to reach level 2000 again
We identify potential Inverse Head & Shoulder Pattern.
SELL GBPUSD as the price reach the price limit of H4 and anticipate bullish trap to grab the liquidity zone ($). Wait for valid price action (bearish) to take sell entry.
EURJPY as I analyze on Weekly TF which is bullish trend, but in H4 we have found potential SELL Setup as the corrective waves of Bullish trend on Weekly TF to create Higher Low.
EJ after break double bottom will continue bullish movement, but it may pullback for correction.
Two scenario for buy or sell of GJ. But prefere Buy for long term as the ichimoku indicator shows bullish momentum