!Monthly chart! (1/4) 1. Trend is bearish; 2. AB=CD pattern completed; 3. Oversold; 4. Butterfly pattern completed 3months ago; 5. 1.18 area as a tactical retracement in a Bear Trend is the target. 6. Long-term target still at parity.
Notes on chart ;) Safe trades
Synced with previous structure Low's, im short at this pair, with expectation to hit point D of a Shark advanced pattern!! Long at D Targets between 38.2% and 100% CD leg
With a nice short opportunity with target around 2.30, I expect to see the price fall to complete the Bullish Bat pattern.
Advanced pattern under development...(and a nice opportunity to short it...) Notes on chart; Trade Safe
Long at D! Targets on Chart! Safe Trades!
141.4% extension from last moves... if the price remains the same over recent behavior ... I'm a bear here! Target around 1.07500
Unless the price go up, we have the perfect Cypher - RSI threatening overbought zone but not yet there; - Targets on chart, find a suitable entry;
Notes on Chart
ADCB pattern on Monthly chart with an eventual target around 1.345; Butterfly pattern on Weekly chart with the same target around 1.345; Gartley pattern on Daily chart has reached his target;
First target hit at 38.2% fib; Retracement to 61.8% zone; AB=2CD Synced target with 2nd target from Adv. pattern; 127.2% extension also synced;
I'm not trading it, directly, but always in sight of course
We have hit the low's from December 2014 with "earning" release, the impact was the same; Great position to enter Long with controled R/R; Safe Trades
* following my previous posts (links below) Short at D Thank's to Jason Stapleton from Tradeempowered.com (Forex Trading: 4 Pairs to Watch) www.youtube.com
With a nice bearish trendline support, the market still bearish for Gold. Target around 1160, synced with butterfly it can send us to 1150 levels, also a target for ABCD pattern. (below R1) Waiting the market to hit the 1160 / 1150 area to enter in a Long "short-term" position; (target on chart) Main target super bearish, at 1130 box, at long-term