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rejected resistance and became a new support.
Respected the trendline!
technical analysis for gpbaud over the next week or so.
technical analysis for uj over the nexk week
It broke the trendline so we are expecting a retracement then go for long. short for now
its creating a head and shoulders so its possibly gonna for a long.
as you can see from the chart. it retraceted and about to go for a long drive...!
as you can see from the chart, its about to break through the leg and go for long. it has reached a major resistance and support line.
if you look at the rsi, youll see a massiv divergence, so watchout for that.
USDCAD creating a head and shoulders on the 15 minute tm so watch our for it.
creating an M on the 1 hour tm
watch out for the short you guys.
if it breaks the support, it'll go for a short if not, we'll go long!!!!!!!!!!!!!!
it created a double top and it ddnt create a new high so theres a possibility that it might go short
give me your thoughts...
is it gonna create an M or will it go straight up?
need your thoughts...
thoughts on the xauusd...