My daily trading setups use H1 chart structure, OB, Fib Retracement & Fib Extension, applicable for various pairs.
The bullish trend is expected to persist as long as the candle doesn't breach (body break) the M15 lower line.
Trading becomes even more enjoyable when you're able to keep up with the market trends.
The Bank of Japan's recent decision has had a bigger impact than expected, shaking up the currency markets. The question arises: could GBP/JPY potentially ascend to 194.000?
H4 bearish ChoCh has been formed and there is FVG at the 75% level.
EUR/USD has dropped a bit and is now hanging out in a fresh range around the 1.0800s.
The Fed always announces the interest rate 4 times a year, so we can see the trading bias every year and estimate the trading range, in approximately 160 bars (daily chart). The chart now will be in ranging mode until The Fed interest rate announcement in April.
Using Fibo retracement we could estimate the next potential level of XAUUSD