As my idea in this pairs in 24-Apr-2020 (), the price react at fibonacci retracement 50 two times before continue downtrend on H4 chart Hence, I user fibonacci ext as a tool to calculate take profit point. You can see in this thread, I go to short with fibonacci ext 23.6 and 38.2 level as my target. Thank for reading and feel free to share your comments.
Today, I see the opportunities to jump in USD/JPY pairs. This pairs is trading rally below 38.2 FIBOlevel and on the way to reach 50.0 FIBO level. Hence, I saw two scenarios can be occcured with this pairs - USD/JPY rebound at FIBO 50 level and break above 38.2 FIBO level, I will go long with 23.6 FIBO level as my target - USD/JPY breaks below FIBO 50 level, I...
XAU/USD still downtrend. USD will be got support from trade tension between US-China Let me know your comments about this setup
Today, I see the opportunities to go long with EUR/AUD, this pairs is trading around resistance turn to support zone. Hence I guess the EUR/AUD will be rebound at this level Let me see your comments about this. Happy day and trading!
I see the opportunities to short with XAUUSD, this pairs is forming double top pattern. Hence I made on my mind to keep an eyes on this pair to find suitable position Let me see your comments about this. Happy day and trading!
Technical: - EUR/JPY approached resistance zone and traded below the SMA26 Fundamental - Expecting ugly Eurozone GDP Q1/2020 Happy day and good luck in trading!
Technical: - SMA26 crossovers below SMA90 - Price around Fibo50 level Fundamental - Covid-19, Brexit deadline will negative impact on GBP Happy day and good luck in trading!
- Technical: AUD/CAD approaches strong resistance zone that built from 21-Jan-2020 to 29-Mar-2020. Expecting the pulldown from this level - Support level 1: 0.8750 - Support level 2: 0.8500 Happy day and good luck in trading!