Abram_Magwai

Abram_Magwai

Dollar is became weak from Friday and Monday morning, but expected to go show short in a long run.

Abram_Magwai

GBP is bullish since market open but it is expected to push down in long run

Abram_Magwai

CAD it is quite bullish but expected to push down in a long run

Abram_Magwai

buy

Abram_Magwai

I made a purchase on this on Thursday after the market has closed, entry reason was engulfing candle straight at the previous level of resistance which it's now support HERE IS WHAT I THINK Both Thursday and Friday candles showed a very strong rejection to the downside and that gives me confident that my trade will turn out perfectly fine When to consider...

Abram_Magwai

I purchased USD on Thursday right after the market closed Here is what i think Weekly showed a very strong support using FIB Daily closed showing a rejection since the there is a very strong resistance 4H confirms a rejection using trend-line so i would suggest to wait for a break out on a daily chart ;) then from there we look for long positions. i will update...

Abram_Magwai

Market hasn't yet revealed it's direction since there are many possible situations. so i was planning since the market managed to break daily trend, to wait for upcoming news for Pound and i will update after then.

Abram_Magwai

Engulfing candle which i have been waiting for just showed up and that confirms a buy

Abram_Magwai

I trade Technical

Abram_Magwai

I JUST MADE A SHORT WHAT DO YOU THINK?

Abram_Magwai

going down

Abram_Magwai

This is only based on technical analysis only different views regarding fundamental analysis are welcome

Abram_Magwai

MY ANALYSIS BASED ON GOLD IS THAT DOLLAR WILL BE GAINING STRENGTH PRETTY SOON AND AS A RESULT OF THAT IT'S A SHORTING OPPORTUNITY

Abram_Magwai

gold on both pairs USD, AUD, EUR going up

Abram_Magwai

GOING UP

Abram_Magwai

going up!

Abram_Magwai

GOLD DAY CHART SHOWS HEAD AND SHOULDER PATTER FORMED

Abram_Magwai

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