patogarcia912

patogarcia912 Updated 

XAUUSD has had several fake resistance breakouts since March and it just goes back down and every time deeper, I think it just wants to go to hell

patogarcia912

No further explanation needed, pretty visible what is happening.

patogarcia912

Teacup already formed, we'll see what happens,sorry for the bad drawing.

patogarcia912

Does somebody know what has been happening lately with GbpAud? June was such an exciting month for this pair and July so far has been a total disappointment, it hasn't been moving well and it's frustrating! I'm like: "Come on! Do something!".

patogarcia912

After its huge movement earlier today GbpAud has now gone into consolidation and might last there a few hours, its next movement? Perhaps... bearish.

patogarcia912 Updated 

Ok this is just an idea, a big maybe based on what I see, and what I see is a montly resistance over there (RED LINE) which I seriously doubt that could be overpassed but... who knows, right? Let's just see what happen but I'm expecting a bounce here, other way to say it is: the sentiment is bearish.

patogarcia912 Updated 

We haven't been this high since February, if it re-tests that previous support and it fails to overstep it then I'm going long.

patogarcia912

Teacup already formed and the handle (downtrend) already broken, sorry for the bad drawing.

patogarcia912

Look at that beauty.

patogarcia912

Yes, we are in a downtrend channel but that support has been previously tested several times. So in order to make a decision I'll wait to see if the 4-hour candle closes bellow that support.

patogarcia912 Updated 

I am paying close attention to that support, if the 4-hour candle closes below it I will wait for a re-test to go bearish, but if it fails to surpass it then I'll take it as a bullish confirmation.

patogarcia912 Updated 

After suffering a great decline and lasting a few days consolidating GbpAud finally made some significant movements up, in my case, no operation will be open until knowing its next step since that support there has been quite strong in the last weeks, perhaps it'll retest it again and fail in which situacion I'd go for a sell, but if the 4 hour candle closes above...

patogarcia912 Updated 

So Gbp Aud just passed through that significant down trend and it is heading up, it wouldn't surprise me a re-test of the previous trendline but overall I think it is going up.

patogarcia912

As we already saw in the previous debates and the day when the elections in the United States ended the Mexican peso suffers a lot in all that concerns to Donald Trump, the day he got elected this currency lost a lot of value against the USD. The same thing will happen tomorrow, this is a total bullish forecast.

patogarcia912 Updated 

After days and days of going sideways GbpAud finally did something interesting and went abruptly bullish this morning, I have placed some sells in the belief that after an abrupt ascent comes a descent. Let me know what you think.

patogarcia912

I have a bullish sentiment on Gbp Aud, that resistance over there should hold for a while before sending it up. Let me know your thoughts.

patogarcia912

Well look at that, buyers took profit on Fib 3.618 and seller came in pretty strong, right now it is hesitating at Fib 2.618 but I think it's probable that sellers take it way down to that previous trendline before it bounce again and continue with it ascent. Let me know what you think.

patogarcia912

GbpAud has already gone down a lot, but! That previous trendline down there coincide with the 50% Fib retracement so... I'm waiting for it to reach that point to hit with some buys, meanwhile I already sold it. Let me know what do you think.