jayxldn

jayxldn

eu short

jayxldn

trying to go for the whole trade I'm going to trade this long and then trade the short after

jayxldn

gold decline

jayxldn

potential decline

jayxldn

potential short

jayxldn

downside potential and backs the decline of the pound in the weeks to come

jayxldn

short position , hoping for a rest of the 50% then for it to fall however my ideal entry would of been the initial test of the 50 % line

jayxldn

short potential

jayxldn

short potential

jayxldn

potential short

jayxldn

and updated version of my au long

jayxldn

simple short

jayxldn

potential short

jayxldn

long

jayxldn

i think potential EJ long -- On the daily chart price has created a double bottom at the 50% fibonacci level. its also showing up as over sold on the stoch indicator. I've set my stop just below the 61% level and below the 200 ema.

jayxldn

Im going with a gold short because , it lines up perfectly with the 61.8% fib level and it has alway created a double top , while staying under my 200 MA. Furthermore it is showing up as oversold on the stoch oscillator therefore i feel as if this could be a good long term short

jayxldn

expecting this to drop over the coming weeks, alot of bearish confluences but we will see

jayxldn

Im expecting it to complete the head and shoulders and come out of the trade as it came in, should of waited for it to come down bit and retest the 38% line and got a better entry. i am willing to allow it to drop down to moving resistant which is a 19 pips short before i get nervous,