View: Blanks of the trader
Blanks of the trader
With many setups from the last week pretty rolling for the coming week, this will be rather short stub in terms of trading opportunities. Having all setups still valid one bullish pattern actually got completed just couple of hours ago on GBP/USD pair. Bullish BAT got completed @1.6356's, currently trailing around 1.634's level. Having very much crowded bearish side on this instrument, would make a lot of sense to expect some sort of pullback north on this pair. One setup that became invalid was smaller BAT pattern on CHINA A50 index.Trading signals GOLD(XAU/USD)
The only new setup under my radar for the coming week is bearish Cypher on Gold. There has been stall on this instrument recently in relation to the previous price action. Although 50 and 200 MA looking like there is potential to the upside bullish side does not look very convincing at this moment. Level @ 1270's may be good opportunity to go short if price will get there first. Break below1238 will invalidate this pattern.
Have a good one traders. There is option to contribute to further development of this blog by pressing the button below. Thank you!
No comments yet.