((GOLD UPDATE )) MONTHLY TIME FRAME: pullback TO 50 % fibo level and formation of bullish engulfing candle . WEEKLY TIME FRAME : formation of higher low above strong support level (1845) after pullback. DAILY TIME FRAME : reaching the 0.61 fibo level ( MA 200) as a pullback after breaking daily down trend with good rejection above the strong support level...
my expectation for gold SL LEVEL WILL BE 1910 TP1 /// 1820 TP2 /// 1800 TP3 /// 1775
GOLD IDEA ( NOT RECOMMENDATION)
Waiting for good trade( DECISION ZONE)
UPDATE FOR EURCHF TRADE DOWNWARD CHANNEL (DYNAMIC R ) WITH STRONG R LEVEL + FIB LEVEL 0.618+ RSI SIGN= MAY BE GOOD SHORT TRADE
trend line(dynamic R) + strong R level + FIB level 0.50 + RSI good sign = may be short trade for 270 pips
POSSIBLE OPPORTUNITY FOR SHORT TRADE
PULLBACK IN UP TREND WITH FIB LEVEL .618 WITH RSI GOOD SIGN+ STRONG R MAY BE GOOD OPPORTUNITY FOR SHORT TRADE GOOD LUCK .....
trend line + weekly R level + bearish pin bar candle = may be sell
JUST WAITE 2 SCINARIO
GOOD SHORT TRADE......I HOPE