Correction first before we see a continuation to the upside
Overall AUDUSD is still BULLISH, a correction to retest the fib levels before a continuation to the upside
A continuation to the downside could be on the cards for EURCAD
If Support can hold above 1765 then we should see some upside for GOLD
A Simple BREAK AND RETEST could be a nice entry for EURAUD
possible move for GBPCHF next week. We have a BULLISH up trend with a impulsive move. A pull back towards the fib leves .50% / .61.8% could be an ideal area to look for a LONG position
Another interesting token on my radar. The Energy Web Chain is a public, enterprise-grade blockchain platform designed for the energy sector’s regulatory, operational and market needs. A recent Bloomberg Analysis claims that electric vehicles will make up over 50% of the vehicle market by 2040. Efficient and affordable energy solutions will be sought after like...
This strategy works best with Trending markets, but can be applied to any time frame. Always make sure there is an impulsive move in which ever way you are trading the markets. Measure your Fibonacci from the HIGH to the LOW of the impulsive move. Have a SELL LIMIT placed at the 61.8% FIB with your STOPLOSS just above the recent HIGH. Sit and wait for your...
GOLD seems to be in this ascending wedge another move higher could be possible
Potential outlook for XRP, we could see price drop lower back in to its accumulation ZONE before we see any move back up to resets ALL TIME HIGHS
A pull back up into this FIB area could be a nice entry for a continuation to the downside
USDCAD is creating a series of higher highs and higher lows