DXY Fakeout?

Cable Update (GBPUSD)

I still feel like GBPUSD has room to move down if it can't hold above the 1.3866x level and there's a HNS pattern formed and a rising wedge pattern. From my perspective, the events of Friday may have just been a break and retest of 1.386x region to ...

Cable Update (GBPUSD)

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Trading Memes

I overlooked this but I notice a sharp falling wedge pattern on Gold 4hr tf, likely bull outcome

(binned per thread starter's request) XAU Gold Technical Revela

Rising wedge pattern, possible outcome bearish

CAD/JPY

1hr timeframe Falling wedge retest, possible continuation up

GBP/JPY

Would this ABC corrective wave apply too?

Elliot Wave Analysis

Hi, which platform is that?

Elliott Wave Trading

The lower timeframes align with this analysis and show in more detail how the Dollar index is showing signs of turning away which would bring bullish strength back into gold if DXY starts heading down. image

(binned per thread starter's request) XAU Gold Technical Revela

However bulls for gold might argue that on the daily timeframe, DXY has reached a strong region of resistance where we have trendline a supply area.

(binned per thread starter's request) XAU Gold Technical Revela

On the daily timeframe, a key major long term trendline was breached and if gold can't hold above 1707.x level then its likely to continue trending down past that support trendline and new bear targets become the 1670s and 1640s price regions

(binned per thread starter's request) XAU Gold Technical Revela

Today the NFP numbers seemed to not have as great as effect on gold as I would think they would - with the numbers being good for the US Dollar, instead it moved up to retest the level it broke yesterday of 1707.x

(binned per thread starter's request) XAU Gold Technical Revela

I didn't notice that before but I see that now, I was always under the impression that this thread was only visible in FF trading discussions ...or maybe its just me? But since it exists in the right place then I will try and continue posting, ...

(binned per thread starter's request) XAU Gold Technical Revela

A Head and Shoulders pattern than can be seen on the 4hr and daily

Cable Update (GBPUSD)

Falling wedge, possible bullish reversal outcome

Cable Update (GBPUSD)

What a miserable fakeout

Cable Update (GBPUSD)

I finally got around to looking at it but I'm experiencing problems setting the risk %, it doesn't seem to change if I try to set it below 1%. If anyone else is familiar with this can they also share some insight please, I'm not aware if this tool ...

Scalping with quick SL measurement to calculate lot size?

Apologies everyone, I wasn't sure to continue the thread after I realized its in the wrong place

(binned per thread starter's request) XAU Gold Technical Revela

DXY Lower high, if it pulls back enough then this could strengthen GBP enough to effect the falling wedge pattern breakout

Cable Update (GBPUSD)

I see Falling wedge pattern

Cable Update (GBPUSD)