Gold has broken out of the recent corrective structure and now price has come down in a sharp corrective manner, I am looking for a nice buy opportunity around here up to the weekly top trend line of the larger structure.
After days and days of boring sideways correction the breakout finally is coming and I am looking for a strategic entry for a buy once price breaks above the corrective structure fully.
The smaller corrective structure is converging and I believe we may have a breakout to the downside very soon, first I will be watching any sell to the larger trend line of the larger structure and if it breaks once again which I believe is very possible once again we will have a huge long term ride to the downside on this pair. Check the weekly chart too, this...
Expecting the pair to resume uptrend following correction of the earlier impulse providing an opportunity to go long.
The pair is nearing an important level which is either bounce or break, either way there is plenty of room and will give thousands of pips, I am for the upside and will be looking for entries in the next few days.
The structure shown in the chart looks to be ending soon and I am expecting a breakout to the downside providing short term sell opportunity.
The pair is approaching an important level, I am looking for possible buy entries here and the continuation of the up trend, but in the event of a confirmed break below it will give a short term sell opportunity.
CHFJPY is in the area where a possible breakout to the upside will come, if it comes it will present an opportunity to go long short term.
The correction in the pair maybe nearing completion, even if it does extend, any break out here to the down side is a short term sell opportunity. We may start the down trend continuation from here.
The pair broke the triangle to the downside, selling after consolidation below the trend line is looking pretty good now. This may well be the start of continuation of down trend so an early entry would be awesome.
Expecting a move to the downside from here, a break out below is a short term sell opportunity.
GBPJPY is on fire and if you keep missing the train entries are popping up every now and then, here is one more possible entry coming up.
GBPUSD is in a correction which may be large and get extended, right now we have broken above the previous structure and price is now testing this level, looking for short term buying opportunities here is not a bad idea.
A short term sell opportunity within the larger corrective structure in this1 hour sell setup, I will be looking for a buy only after a confirmed break above the trend line shown in the chart.
In view that CAD will strengthen short term, when the smaller correction shown in the chart is complete buying the pair near the trend line looks a good idea.
GBPJPY has shot up breaking above the structure, in my earlier chart I was looking for a down move initially but we got a break above so went long instead and hopefully those watching it would have made an entry but if you missed here maybe another chance to get a good entry for a short term long.
We may have a possibility of a short here, the pair is in a correction so trade with care.
We may have a potential short opportunity here.