As I mentioned In my last post, I feel the cycle of Gold is accellerated similar to BTC and gold is becoming a tax heaven for BTC profits and some other factors.
Heres a side by side of the charts.... familiar cycle patterns? I think so, going on technical analyses Gold does need to retest but it isnt nessasry for it to happen now... Lets see what this week has...
This EURJPY trade has already been taken long, however I would like to show the Indication of setting the trade. Bullish Pinbar, key area and trend all factors.... EUR showing strength after Tuesday also.
Don't jump into a trade
You yourself are liable for your own trades.
I've just started into this trade and these are my anylasis into it....
The 4hr chart has a strong bullish candle formation, so may have to wait a little while before entering this one.
If you have any quesions please dont hesitate to ask!