In this week's market analysis, we will look at potential trading opportunities and zones where we should look for price action, evidence and potential moves.
Pairs and markets analyzed this week: GBP/CHF, gold, USD/NOK
GBP/CHF 1hr chart, Bullish price action at support area
Nice bullish price action on the 1hour chart at midday
BUOVB+Pinbar bottom, great potential for a move to the upside from this support area (1.24754-1.2578).
Gold 30min, opportunity for a 30:1 return on investment?
Bearish pin bar at resistance (1197.16-1207.42). Huge potential move to the downside from this zone.
1st Management point 1147.38 (15:1 return)
2nd management point 1102 (30:1 return)
USD/NOK 1hr, quick 2:1 ROI on a bullish price action at support
USD/NOK 1hr chart, nice bullish nose engulfing at support area (8.48956-8.54032).
Look for a quick 2:1 ROI
Happy Trading
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