possible short here as break below a trend line, hit a key level and also formed a double top on a smaller time frame
broke above a strong resistance and above a descending trend line, looks bullish to me
price bounced off the top daily level and then out of a rising channel so i expect it will keep falling to my next level (1.71500)
price has just broke out of a bullish wedge ( this is a continuation pattern and i expect price to continue the uptrend)
AUDUSD rejection of psychological level 0.72400 and the golden zone on my fibonacci retracement, following the trend.
psychological level and support/resistance 0.89100 broken. Bearish trend line broken and retested and a messy reverse head and shoulders on the 2 hour chart. Wait for confirmation such as a rejection of a key fib level or a third bounce to confirm the new 1 hour bullish trend line. Leave thoughts if agree or disagree
touched the bearish trend line, psycological level and fib rejection
NZDUSD is looking bearish to me, had three touches of a bearish trend line and then dropped heavy, i believe its now in a correction, so if it breaks below i will be looking to take shorts into the daily level i have marked as the black line.
nice uptrend on EJ looks too good to miss out on. i want price to come back and test the trend line and support again so our entry is good, this also correlates with the 0.5 fibonacci level. all of these confluences together if we see nice rejections should give us a nice edge over the market. this mixed with good risk management and your most of the way there to...
gold is in a pullback from a steep down move and i believe it will continue down as the bearish strength looks good. price broke out of the correction and is making bearish structure on the 15 min. also there is quite a way down to go before reaching the daily bullish trend line so to me there is a nice amount of room for gold to drop. leave what you think below!