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Investroy

GOLD, fuel up, we are about to visit PlutoFirst and foremost, the sentiment of the gold market is bullish, so we are looking for BUY positions. Moreover, as it can be clearly inferred from the chart, the price has been able to reject or bounce off the local zone of important support a lot of times in the near past. Now that the price is located on this critical area, we are looking forward to opening buy positions and aiming for the zone plotted out on the chart Happy trading, everyone!
OANDA:XAUUSDLong
by Investroy
14
ETHEREUM, more drop before rising or is the price ready to rise?The price is currently located on a local zone of support. We will closely monitor the price before opening positions and aiming for the area identified on the chart. If the price manages to successfully bounce off the local support, we will be opening BUY positions right away. If the price manages to drop a bit more before rising, then we will monitor the price and patiently wait for the price to reach the area of 0.5 and 0.618 fib retardements before opening buy positions
BITSTAMP:ETHUSDLong
by Investroy
6
EUR/USD, detailed breakdown and next targetThe overall sentiment is clearly bearish. Yesterday, the price formed a nice Head&Shoulders pattern, but huge bullish candles went straight up to grab some liquidity above the created pattern. Now, we can see that the price has carefully rejected the 0.786 Fibonacci retracement level. We are gonna wait for some more bearish candles before fully going short on this one and targeting the area plotted out on the chart. Happy trading, family!
Short
by Investroy
33
EUR/USD, detailed breakdown and next targetThe bias for EUR/USD is bearish, as the price keeps on constantly forming Lower Highs and Lower Lows. After forming a nice Lower Low last week, a nice correctional move was inevitable. The price is currently located at a level of resistance which aligns with 0.5 Fibonacci retracement level. We will be patiently monitoring the price and looking forward to opening Sell positions from the area plotted out on the chart. Our target will be set at the previous Lower Low or even lower, depending on how the price plays out. Happy trading, family! Do not forget to drop your thoughts and ideas in the comment section below!
Short
by Investroy
32