Hello everyone,
It is Monday again, and time to grab some pips from the market.
Let us start with USD/JPY
1. USD/JPY
An ascending channel, gradually forming on the third support level (111.121). If this candlestick closes in a bullish formation, we may see a strong buy today.
2. GOLD
Gold showing a lot of promises. A reversal pinbar which occurred last week Friday. The descending channel is also forcing gold on another pinbar.
If the close of this 4 hours candlestick ends with a pinbar, we may see a HUGE SELL on gold
Do have a beautiful day
