tomgeorgejr

tomgeorgejr

Hey guys - in full transparency, I messed up. If you see my last analysis on Gold () everything would have been great if I hadn't included the FAKEOUT into my trendline. The reason I call this a fakeout is because if you look at the weekly chart, you'll see the peak created LONG wicks. BUT... Moving on, we traders get things wrong sometimes... I do predict...

tomgeorgejr

I correctly predicted Gold's move in my last analysis (See linked idea below). Now I believe we are approaching a major trendline where we can expect a bearish retracement to around 1793 before it continues bullish. Here's the bottom line. I see Gold continuing its bullish momentum in the long term, however, we can also profit on the retracement in the short...

tomgeorgejr

If you take a look at the daily chart and go back to January 2017, USDJPY has been on a bearish trend ever since. Depending on where you draw the trendline, USDJPY FINALLY breaks the trendline in March 2021, then retests the trendline in April/May retracing 38% of the strong bullish impulse. The optimal time to buy was at this 38% retracement, however, we can take...

tomgeorgejr

NZDUSD broke a major trendline to the downside, and now is coming back up to test the trendline at the 61% fib line. Couldn't be a better setup!

tomgeorgejr

I previously had a bearish bias until the strong bullish momentum Gold showed us yesterday. Price broke a MAJOR trendline with a strong bullish candle. Price also retraced 50% on the daily. The way structure has formed on the daily against an ascending trendline indicates a lot of stored bullish momentum. Did this chart confirm your own analysis? LIKE & FOLLOW if...

tomgeorgejr

EURUSD has been bullishly retracing since March 31st, and it's finally reaching the end of the retracement to test a major trendline. At the trend, I expect price to drop quickly like it has the 2 previous times price tested the trendline. I plan to personally enter this short trade: SELL LIMIT: 1.21170 TAKE PROFIT: 1.19444 Follow me to take the highest...

tomgeorgejr

GBPCAD has been consolidating within a large range on the Weekly timeframe from October 2016. On the 4 hour chart, we can see a triangle pattern, where price has touched the top trendline of the triangle 4 times since November, 2020. So we expect price to continue bearish to test the bottom trendline of our triangle.

tomgeorgejr

Shorting the top of the channel.

tomgeorgejr

EURAUD hit 78% retracement. Good entry to go short.

tomgeorgejr

BUY to next zone

tomgeorgejr

USDJPY has finally broken through an area of resistance that's taken months to break. On the larger time frames (weekly), we can expect price to retrace up and retest, then continue down. However, we are looking for a short term buy up to the end of the retracement.

tomgeorgejr

Here are my reasons for why I think Gold is going to be bearish for the next 1-3 weeks. 1) Price broke through the previous monthly ceiling previously formed in Sept 2011 with a strong downward momentum, where the structure has been retesting that level multiple times after price broke through on Sept 22, 2020 2) After the strong downward momentum from Sept 20 -...

tomgeorgejr

We're seeing USDJPY having just bounced off a zone, and will continue up to the trendline on the Daily. Then watch for reaction to see if price continues being bullish

tomgeorgejr

Once XRPUSD breaks the resistance, start entering buys.

tomgeorgejr

NZDCAD broke as expected. Let's wait for price to re-rest before going long.

tomgeorgejr

EURCHF broke a monthly resistance and has finally come back down to test it. You can enter now for an amazing R/R trade, but for confirmation, wait for price to break the descending triangle.

tomgeorgejr

USDCAD broke through a strong trendline, and pulled-back, retraced 50% and now heading down.

tomgeorgejr

We are seeing a pullback taking place. I'm already in a short-term buy up to the top of the pull back, then will go short for a swing trade.