XAU's supply increased since higher support formed. XAU in a fibonacci support (BUY ZONE). Valid breakout at fibo lvl 0.5 will lead xau to lvl 0.618 Correction at lvl 0.618 and breakout will lead xau to lvl 0.786 or higher (lvl 1.0) Close position when market closing at December 27, 2019 Hold position and SL+ if fibo lvl 0.618 has a valid breakout
GBP reached fibonacci support (buy zone) Risk to Reward 1:2 Close position when market closing at December 27, 2019
EUR/USD reached fibonacci support (buy zone). Risk to Reward 1:2 Close position when market closing at December 27 2019
Explained on chart
Daily resistance reached Double top formed If breakout happened at 4H support line, downtrend
Resistance reached There's pinbar
According to the hot news, the oil price jumped high which is should be support Loonie, so USD/CAD should be bearish. Another news, US will cut the interest rate on 19 Sept, 2019. So USD/CAD should be bearish. So, the conclusion is, sell usd/cad right now, but set a stop loss because nobody know where's the market go. If Fibo 0.618 crossed => bullish breakout If...
EUR/USD has a double bottom pattern Fundamental support this, US will cut the interest rate on 19 Sept, 2019. Predicted EU will bullish If you want more accurate analysis, wait until MA 50 cut MA 100
Analysis EUR/USD stopped bearish if: The resistance of the channel (Red Line) broken out MA 50 crossed with MA 100&200 As long as those condition hasn't happened, Open SELL EUR/USD on the RESISTANCE, Take Profit near the support. Always use MONEY MANAGEMENT Goodluck Everyone :D
Analysis EUR/USD will bullish (BUY) if: The Pararrel Channel's Resistance (Red) has a break out MA 50 crossed with MA 100&200 As long as those condition has not happened, Open SELL on the Resistance of the Channel, Take Profit on the Support Goodluck Everyone :D
Analysis for XAU/USD next 2 Month. (2019/15/09) Using Fibonacci Retracement, Head'n Shoulders Pattern #simpleNaccurate Dont forget to use MONEY MANAGEMENT. Remember, gold trading is HIGH RISK. Risk to Reward ±1:3 - First Trade Open SELL: 1520.12 Stop Loss: 1556.89 Take Profit #1: 1434.37 Take Profit #2: 1401.01 - Second Trade Open SELL: 1434.37 Stop Loss:...
XAU/USD reached fibonacci resistance 0.618 (SELL ZONE) and DOJI candle on D1. On 4H chart, MACD crossed and give a bearish signal. Risk to Reward 1:2.02
Explained on the chart LAST TARGET still make sense for a long term bitcoin investment. Nobody know where is the maximum bitcoin price after halving on May 2020. My third target prediction reached after bitcoin halving based on Fibonacci extension
DON'T FORGET TO SET TP&SL AND USE YOUR OWN MANAGEMENT!