About meI am a graduate of IMarketsLive and it is now my mission to help others achieve the same Trading Goals through analysis of Forex & now Crypto Currencies! My FB group is based around learning & growing together to become profitable traders.
Gold Double Demand Area - Price bouncing off 2 extremely long term area's of Demand on Horizontal & Diagonal Plain's, Very simple, look for a little more Bullish Price Action before positioning yourself for a potential long term hold.
One of my favourite pairs, the reason I wont be getting in is the Stoch Divergence in this flag that could indicate it moving up to Double-top. Even if it does appear to be a straightforward sell off the Daily.
EURCAD is ready to drop, being in a very strong supply zone and retesting a broken uptrend line against the very sharp downtrend line from he previous high. MA pressure could help to push it down further as it snaps back.