analysis of the financial market and metals


GBPUSD we are waiting for a correction + transaction plan

Yesterday's quite intense move allowed me to quietly earn a few pips. I have presented today's plan with accuracy as to the entrance. I'm not going to show the exact behavior of the market, but if someone learns something from it, it will be very good news. The first picture shows the time interval H4 and the place where I am waiting to enter a long position. The second image is the M5 interval and shows the exact market behavior I am waiting for. Number 1 is the breaking of the last hole, number 2 is our signal and is the breakdown of local resistance, number 3 is our place to go long. If the price continues to decline, I will not enter, if the price will not make a downward correction, I will consider what to do next in this situation, but we interpret the behavior of the price on the chart in exactly the same way and we enter the correction in line with the trend.

gbpusd

gbpusd

Gold in the channel, big upward move possible

As you can see in the picture, I have marked the places where we will have confirmation of the upward movement. Now the first signal has come, a rebound with great intensity and an immediate rebound. Long positions are reasonable. The extent of the movement is due to the formation of the flag when the price goes beyond the channel up.

gold

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Biznes-Broker
Biznes-Broker

Trader, cryptocurrency and forex market analyst. Editor of investor magazines: EN: http://biznes-broker.com/ PL: http://pvq.pl/ By giving me a tip you donate it to charity. All collected funds will help children and animals in need.


Analysis of the financial markets
Analysis of the financial markets

Subjective view of the financial market. Mainly Forex, Indexes and Commodities. Analyzes based on technical analyzes. All analyzes are my view of the market. It is not recommended to make trading decisions based on the information provided. You can check my work here: EN: http://biznes-broker.com/ PL: http://pvq.pl/

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