ReshapeFX

ReshapeFX

Pretty simple chart explanation, GOLD has reached another major resistance area on the higher time frames such as the daily and weekly. Price is now becoming exhausted creating a double top on the 1 HR time frame. I will be waiting for price to break out of the triangle pattern and to retest before entering. I have one TP set for this pair for now as shown on the...

ReshapeFX Updated 

I think this pair is following in a corrective structure on the daily time frame before one more retest to the support area, this corrective structure can be traded on the hourly timeframes in the channel shown on the chart. I have two take profits set as shown on the charts, again the Elliot wave and ema crossovers are working perfectly suggesting a good entry...

ReshapeFX

Price has reached a major weekly / daily resistance area which has hit a potential trend line, price is now exhausted on the hourly time frames with a corrective structure being made. Again my charts are very simple so have marked out 3 take profits i will be setting. Elliot wave and ema crossing over nicely on the hourly timeframes, we may get a retest to the...

ReshapeFX

Price has hit the well respected weekly and daily support area over 3 times, this will be a major zone for buyers to kick in, this has also formed a double bottom on the hourly time frames. I will have 3 take profits set as shown on the chart. Elliot wave is also starting to crossover matching perfectly with the EMA crossover.