There are two possibilities for USD CHF. if dollar index is strong, then looking only for buy. There are strong resistance and strong support zone. USDCHF is in downtrend.
GJ will decide according to the performance of US dollar and Japan Yen. so i am not taking any position on GJ now. but watching for a move. mostly it will go up with Inverted head and shoulder pattern.
UJ is climbing upward to make new levels. wait for a HL or for a retracement before it go up. Use proper risk management
There are two possibilities for Gold. Mostly it will come down. if it is retrace, then wait to break the trend line. 60% Sell (My view) Use proper Risk Management
There are two possibilities in GU. Now GU is running on Uptrend direction. if it breaks the trendline, then it will make a short. if it is retest, then looking for long. but 60% chance for short. so waiting to break the trend line. Thank you
From the last week, waiting for this move. hope it will go for a short soon or next week.
Waiting for a retracement before going for a long run. Reason for Buying: Inverted H&S Pattern
Most possible chance for making inverted head and shoulder pattern. if it so, then Main resistance is important for BE or BT.
If it breaks the trend line, then looking for a long. if it break Trend line, it will make inverted head and shoulder pattern
There will be a possibility of retracement and BT. wait for it. Looking for a M pattern form
Gold is in crucial point. there will be two possibilities for Gold. we can see a clear retracement of GOld after BT. next may be a next BT or BE let wait for it.
Most possibility in UJ is to come down little further in downtrend trend line. Use proper Risk management in trading. Thank you
Yesterday we discussed about AC. if it breaks the strong resistance level, then look for a long position. Use proper Risk Management
IF GJ breaks the trendline and strong resistance, then it will run for long. waiting for a confirmation of BT. if BE happens, then look for short term SHORT.
After a retracement, GU will run for a long, now it is time for short. use proper risk management.
Looking for a long, if AC comes to the point where the price is good for buy.
Hope UJ will retrace within the downtrend. if it so, then looking for a long position