I am papertrading this idea because i am not so sure about if it will go in my direction and rescpect my strategy.
I caught this trade, very grateful because it respected my FIB strategy.
I am buying on the Fib Zone 50-61,8%
Waiting for this new Fibonacci. The trade is like the previous.
Starting the week with this Fibonacci idea. 2:1 RR. The momentum is strongly bearish, so this trade should continue in our direction!
As we are coming down to the 50% zone I am ready with my Buy Limit order. TP is 236 level and SL on the 768. There is potential in this trade because we have strong bullish momentum.
I am waiting for a pullback tothe 50% zone and buy.
This trade is a little bit risky because its countertrend. I think I will leave this trade and only watch how will it go.
Based on S/R levels, i expect that the Gold will go up. I am not taking this trade, I only want to see how it will go.
Long short trade with fibonacci.
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This is my technical analysis for EURGBP
This is my support and resistance prediction for USDCAD
