TxA786

TxA786

EURUSD touching resistance line, possible short! Need candlestick confirmation

TxA786

- Approached Resistant Zone - RSI learning towards overbought - Election news heavily affects the GBP pairs across the board *Educational purposes only*

TxA786 Updated 

- Approached area of support - RSI is indicating oversold - wait for candlestick confirmation

TxA786

Possible short here from either of these zones. 30pip stoploss for both. Divergence on the 1HR RSI. Need candlestick formation confirmation before entering. Trade at your own risk.

TxA786

Do not enter without further confirmation! RSI oversold Brexit news sensitive so be careful!

TxA786

Just an idea... Will be looking into the possibility of shorting gold if it reaches the resistance zone. Need more confluence and candlestick confirmation before entering! It could possibly be retesting this resistance area before continuing to down further. It will be interesting!

TxA786

- Gold has reached key support zone - 1HR TF shows possible pinbar formation - RSI shows gold is oversold, possible correction - Do not enter until further rejection is shown and appropriate candlestick formation SL just below support level.

TxA786 Updated 

Shorting from resistant line. SL above the zone

TxA786

GBPNZD approaching support and might bounce up from one of these two support level short term. Watch out for the candlestick formations around these zones!

TxA786 Updated 

GBPUSD has rallied significantly the past few weeks and exhaustion is coming. It has approached strong resistance around mid 1.25500 area and been rejected. The following week it may re-test this level before falling down to previous support BUT if it breaks past this level then GBPUSD's rallying is likely to continue. MOST IMPORTANTLY, we have to keep in mind...

TxA786 Updated 

GBPNZD has rallied significantly. Reached strong resistance. RSI showing overbought - might see some retracement. Possible short down to support previous level. Beware of BREXIT. GBP is very unpredictable at the moment. Do not enter without confirmation

TxA786

Gold is approaching a resistance zone around 1528-1530. A short term short position is possible to nearest support - depends on the candlestick patterns that form around this zone. Do not enter without confirmation. Let's see how this rides!

TxA786

Gold is approaching support and could possibly bounce. On the other hand, if it breaks below the support, it can freefall to mid-1400. Strictly publishing ideas.. trade at your own risk.