Waiting for a small pullback before i pull the trigger on a long, great rr pulling back to previous support before going higher.
Looking for a small 30 pip drop before i enter this long, looking to go long until descending trend line is reached.
Chart says it all looking for pullback from the structure that has finished and currently showing signs of rejection
Looking for a small pullback to zone specified on chart before long continues.
both pairs are strong right now but in this scenario we have a double top playing out 1:2 RR nice setup
quick 100 pips can be made on this trade after 250 pip drop some exhaustion is due..
Significant sell off which started last Friday , we already have a left shoulder and a head created... wait until gold reaches the red line on my chart which will be the creation of yet another shoulder
bullish reversal signs on the 4 hour and inverted head and shoulders on the 1 hour... We have broken out of the 4 hour descending trend line and we should move upwards shortly
Looking at some bullish reversal signs on the 1 hour time frame, like i said small stops because gbp/jpy could just continue to trend right down.
bought a little to early the last time and got stopped out, we have a clear price action signal to buy from here.
Daily exhaustion lets short it down to daily support
plenty of exhaustion to the down side plus there was a double completed on the daily.. there's obviously more potential for upside movement than what i suggested but let it swing as you please
Finally met strong resistance and has created a double top on the 4 hour.
head and shoulders pattern has formed should shoot us straight into profit.
Time for a much needed pullback on gold thanks to trump we shot straight through the roof yesterday.. Its looking like a head and shoulders being created on the 1 hour so look out for shorts now.
Nice exhaustion on the one hour time to look for buys
Exhaustion at this level looking for longs.