Hey Guys.
*The market is currently facing a major demand/support zone.
*I expect the price to move up to around 1.22700, for the retest of the broken uptrend and the formation of a head and shoulder pattern to look to shorts
*Or if the price is able to break through the 1.21275 support, then we should be looking for sells during the retest
Hey Guys.
*We have a very interesting price structure at the moment.
*Price has just broken through a major uptrend, which is being retested a the moment.
-I believe it will be best for us to wait for a break below the 1.05450 demand zone to be looking for shorts.
Hey Guys.
*I have a very bearish outlook for gold this week.
*Price has broken through major support turned resistance, which is currently being retested.
*Price has also broken throgh a strong uptrend and is currently retesting it.
*Price looks to be forming a head and sholder pattern.
-We should patienctly wait for a breaish confirmation for sell.
Have a Good one guys.
Hey Guys.
*The Dollar is looking bullish this coming week.
*Price has broken through the daily trend resistance.
*Price has also broken through and closed above a major resistance/supply.
-There's a high probability that the market will make a move to the upside.
-Especially if we get the retest of the previous resistance turned support.
-But we should not...
*Price is currently trading at the 0.382 Fib level of the last major impulse, with strong bearish momentum, which is likely to push the price to the 0.618 Fib level (Around 166.150)
*We should be looking for bullish confirmations at the current level or more preferably at the 0.618 discount level or above 166.550 for longs.
-My first official published idea/...
