ziwox trade idea Archives

March 22, 2023

EURJPY, short at higher prices

EUR/JPY braked the 142 area to the higher prices.
The further upside seems likely in the short term but it would be good to wait and take a short in higher prices around 144.5

Most retail trades are short and it would be another reason that this pair could see higher prices and change the direction at the 144-144.5 zone.
this area is a big short zone that seam was a sell block zone.
with better risk/reward you can sell this asset

short term is buy, but wait to sell it at higher prices by Alisabbaghi on TradingView.com

Ali Sabbaghi

Trade idea

March 20, 2023

Catch gold correction

Gold/XAU at a major resistance level, around $2000 could be a good opportunity to catch a reversal/correction to the lower levels around $1963 with a good risk/reward

according to the Ziwox terminal data, the market is in a risk-off sentiment.

Japan Yen is a stronger currency of the day and risky assets like AUD and NZD are the weakest ones.

so gold is in support. you could enter to this opportunity with any sign of weakness in sentiment and gold patterns.

Ali Sabbaghi

EURJPY, short at higher prices

Catch gold correction

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