SPY: Bearish Continuation
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the SPY pair which is likely to be pushed down by the bears so we will sell!
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Target
GOLD: Expecting Bearish Continuation! Here is Why:
Balance of buyers and sellers on the GOLD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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CADJPY: Bullish Continuation is Highly Probable! Here is Why:
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current CADJPY chart which, if analyzed properly, clearly points in the upward direction.
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SILVER: Bullish Continuation & Long Trade
SILVER
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long SILVER
Entry - 29.329
Sl - 28.621
Tp - 30.558
Our Risk - 1%
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NZDJPY: Bearish Continuation & Short Signal
NZDJPY
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell NZDJPY
Entry - 97.104
Stop - 97.512
Take - 96.391
Our Risk - 1%
Start protection of your profits from lower levels
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AUDCAD: Will Start Falling! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the AUDCAD pair price action which suggests a high likelihood of a coming move down.
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EURCAD: Long Signal with Entry/SL/TP
EURCAD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long EURCAD
Entry Point - 1.4816
Stop Loss - 1.4792
Take Profit - 1.4856
Our Risk - 1%
Start protection of your profits from lower levels
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GOLD: Bullish Continuation & Long Signal
GOLD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy GOLD
Entry - 2305.9
Stop - 2277.7
Take - 2352.3
Our Risk - 1%
Start protection of your profits from lower levels
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USDJPY: Short Trading Opportunity
USDJPY
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short USDJPY
Entry Point - 157.13
Stop Loss - 157.60
Take Profit - 156.29
Our Risk - 1%
Start protection of your profits from lower levels
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USDCAD: Bearish Forecast & Bearish Scenario
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current USDCAD chart which, if analyzed properly, clearly points in the downward direction.
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