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"Top #Forex & #GOLD Trades for Success: May 21st Analysis and Recommendations"

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#Gold trading outlook - An outside bar indicates a reversal pattern from the #GOLD SOFTWARE combined with convergence into the high liquidity zone [blue area]. Price likely to rebound - look out for the signal. Chris

ree

USD/CHF BOS - A quiet market for the US Dollar continues as we had a BOS [Break of Structure] in profit HOLD [Price Action Charts & Gold Software available HERE]. Chris

ree

GBP/NZD Breaks downward wedge, then retests support/liquidity [purple zone]. Hold to target, we shall be moving the stop on the next leg higher. Chris

ree

#GBPJPY A nice bounce yesterday [see yesterdays blog] off liquidity [Blue zone] heading for target [ Signals HERE]. Chris

ree

CAD/JPY in profit a few opportunities to buy into this pair - slow markets but holding onto market structure. Potentially BIG moves coming on the Yens. I shall keep you informed each and everyday. Chris

 
 
 

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GOLD TRADING

Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. All information is for educational purposes.

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