NZDCAD Trade Setup - Based on Price Action and Resistance

NZDCAD Trade Setup - Based on Price Action and Resistance

Daily Chart

Purely trading of price action and resistance here. - also note divergence in stochs

XAUUSD (GOLD) Forecast and Trade Setup - 3rd March, 2014

XAUUSD (GOLD) Forecast and Trade Setup - 3rd March, 2014

Daily Chart

• As gold pushes higher, Stochastic are diverging

• Reaching resistance (yellow box)

• Bearish Cypher completes above the resistance - if so it might be false break if pattern is to work

Outlook Trade opportunity

Short at Bearish Cypher or Resistance
Should wait for price action to confirm

this also should be the same time the commodity currency turns (correlated)