the_golden_dragon

the_golden_dragon Updated 

I think it has grown a lot and made a good profit, now I need to get my capital and profit out of this deal and look for the next great position. As you can see, the price has reached this area with high acceleration, and naturally, after moving sharply towards an area, we expect to return with the same acceleration. But one question, will the price come back with...

the_golden_dragon Updated 

Buyers came in strongly from 6 weeks ago and broke the EURUSD downtrend. Now is the time for them to rest and an opportunity has been created for the rest of the traders. The fixed ceiling of the Fibo zone is 0.618, which this week saw a retracement of this zone, forming a V for us. In order to continue its uptrend, this chart needs to correct when it breaks away...

the_golden_dragon Updated 

Winter is coming and we will see the weakening of the euro . The price has changed from an upward phase to a downward phase, and this downward trend can also be a correction for a major upward trend. Therefore, it is better to exit the trade at the first profit tick and pay attention to the range of the specified areas. Do not forget about risk management and...

the_golden_dragon Updated 

The trade has a risk-to-reward ratio of 1 to 6. A profit limit of 2 is a good point to exit. 3 and 4 are good points after breaking the profit limit floor. Profit limits 5 and 6 are very risky and have high risk. When the price reaches profit limit 2, empty half of the volume and when the next targets are reached, empty the remaining volume , 0.25 per target....

the_golden_dragon Updated 

Is gold going to break its multi-year support? Do not underestimate the Golden Delta pattern Golden Dragon

the_golden_dragon Updated 

We are witnessing a balance in the downward trend of this currency pair, with which we also see a delta of 0.5, and in addition to this, the major trend is downward, from which we can consider good entry points for the decline. Still waiting to break the dark zone to enter the drop path safely Golden Dragon

the_golden_dragon Updated 

Major descending channel, along with high momentum in the downward direction and... After some time, prepare yourself for an unprecedented upward movement in these few years Golden Dragon

the_golden_dragon

Golden Delta Fibonacci and AB = CD and two heads and shoulders on the Support. And that the price has created a great balance by returning itself from the 1850 range, which should also be taken into account. Considering the news of World War and US interest rates, it can have a good trading position for us. However, the Golden Delta itself is a great trading...

the_golden_dragon

In relation to the weak uptrend, in the last move we see that the price has tried to reach 0.618 Fibonacci from that area to start its strong downtrend. Golden Dragon

the_golden_dragon

Due to the downward trend in Sharpe, we expect correction to 0.236 and 0.382 Fibonacci to move again from these areas to 1780 to defeat, and after the defeat, we considered the 1760 area. Golden Dragon

the_golden_dragon

Gold: Strong Resistance, Double Top, 0.618 Fibonacci Golden Dragon