jailall

jailall

Bullish bias on USDCHF Time frame: 4HR Open Price: 0.91310 SL: 0.91200 TP: 0.91600 RR 1:3 Reasons for bias: 1. Price respecting daily upward trendline 2. Price broke above 4HR resistance area and respected same as support. 3. Price formed a bullish engulfing candle on Friday 4. Strong bullish price action on Dollar Index (DXY)

jailall

Looking for GU sells. Very good risk reward of 1:4 Reasons: 1. Dollar index Strong 2. GU made a 4HR close below a strong Monthly resistance zone 3. Retesting strong weekly resistance zone.

jailall Updated 

This is a low risk trade with a RR of 1:4 and good probability of success. USDJPY just hit the DAILY and WEEKLY trendline which price has bounced off several times. Additionally the Dollar index has hit a monthly support area. This is very good indication that price will be reacting at this area USDJPY. So I will be entering a buy order immediately.

jailall Updated 

EJ has reached a strong zone where price reacts on the Daily and Weekly. Looking for a small risk trade with risk of 1:2.

jailall

Expecting upward movement on AUDUSD. With the monthly support being held and Dollar index continuously dropping I expect AUDUSD to go higher this week to the resistance area at 0.67734. This trade has a risk reward of 1:3.

jailall

GOLD seems to be setting up to go higher in December. We can see bullish reversal signals such as: - Inverse head and shoulder pattern on the 4hr chart along with a third touch - Breakout and retest of the downward trendline on the 4hr chart First target is 1810

jailall

Here we see Gold respecting the Daily upward trendline. I do expect that there is a very high probability of price reaching the 1813 area for TP1 but we will have to monitor price here as it can create a head and shoulder pattern and change directions to the downside. Why i am also cautious of a reversal is because historically Gold fell hard in November in the...

jailall

Gold made a new high last Friday so im execpting a pullback to the first support area at 1807 - 1808 before going upwards. I do not expect a 4hr close below this area because this is a strong support on the daily timeframe. Also this area corresponds with the 0.38 Fib level. My overall bias for this week is Bullish.

jailall

USDJPY looks to be presenting a very good selling opportunity with a very good risk reward ratio.

jailall

Gold was making higher highs and higher lows in a 4hr uptrend. However today 29 Oct 2021 price did several things to consider: 1. created double top 2. failed to break previous high 3. broke below previous low 4. broke below 4hr support zone 5. broke out of upward 4hr trendline 6. tested weekly bearish trendline and price rejected In the next week I will be...

jailall

Wait for retest of 151.100 on 1HR timeframe and enter if level holds. Comment you thoughts, would appreciate your feedback.

jailall

I am expecting GBPUSD to go to the upside after seeing trend reversal signals..