Support becomes resistance , short and closely monitor the behavior. Be careful when prices reach 1860.31 and 1808.49, those are the two possible take profits
EURUSD formed a triangle....buy now and buy at breakout
Gold is preparing for a long sell on a small time frame... like and comment your views
This is s confirmation of my previous idea...Buy EURUSD now and re buy at breakout... Add me on facebook---Quillan Dithupe and text me for more signals
Buy EURUSD at the retest poir or level of support...it is an early entry
A buy is expected on a small time frame..re-buy gain after breakout
A smart trader will wait for a neckline break out then sell.Gold might not respect this head and shoulders but it will surely head the expected direction which is a short...Due to the effect of COVID 19 gold did not respect the daily first level of touch down but still went in the expected direction.
Sell when you get a bear breakout from the rising wedge and when it confirms the right shoulder....The head is there already...if you are a small account holder and it survived the head formation rise from previous sells... then do not enter this trade...
Gold forms a head and shoulders in H4 time frame,sell now and sell more when the the right shoulder is confirmed in a daily chart,Sell more when the Head is confirmed on the monthly chart. It is a hold for months...so enter now so that tomorrow's fundamentals will have a small negative impact on your trades and a very great one....Shall Fundamentals go sell Enter...
A double top formed...rejection then a shift from rejection....when markets open make sure to sell XAUUSD...this confirms that the head and shoulder shall form in the h4 time frame then result in a massive market pull down.Expectations are a market pull down to confirm an up trend,break out to confirm a long term head and shoulders...SELL XAUUSD when markets open...
EURUSD broke the descending triangle...Buy at 1.13289 first take profit at 1.14044 and second one at 1.151162.A friendly advice is that wait for the bullish right flag formed in the 1 hour time frame to be confirmed then but after breakout.The marked triangles are respected zones,see what patterns are formed in smaller time frames then move stop losses up or re-buy.
Sell EURUSD with a stop loss in place... A forming double top signals that
As you can see the two red lines are not parallel...Right now it can be that the pair is breaking out from the ascending triangle or it can be that it will sell and confirm the downtrend