GBPUSD currency pair This is the analysis from the beginning of the month that I put up for reference. still in the right direction to buy. I noticed that the long-term downtrend line of GU has been broken and the target of this pair will still go up relatively far. Please continue to watch to buy in the right direction to avoid sell at the top and then get stuck again.
Currency pair : GBPUSD
Indicator : Buy current price 1.40850 and buy limit 1.40550
STOP LOSS: 1.4000
Take Profit: 1.4XXXX
EURUSD currency pair favors selling in the beginning of the day trading week:
Sell EU current price 1.2132 and sell limit at 1.2163
SL: 1.2193
TP: 1.20XX - 1.20XX
📕 Comment on Gold on 17/05/2021:
‼️In the last trading week, precious metal Gold, after falling to 1808, bounced back to 1845 and closed the week with a rising green candle, showing that the buying power is still there and the possibility that Gold will have a sweep to the area. The higher price it is 1850-1855.
- At this price range as I said, at this price range we will not buy in with Gold anymore, but just wait for the selling beats when Gold tends to get closer to the trendline channel stretching from August 2020 to present. Here, in my opinion, Gold will have downward swings, so we can establish a pending sell state around 1855-1860. The first target Gold can aim for this selling span is around 1835 and beyond 1830. Here we liquidate orders and wait for the next signals.
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