01-12 22:15: I'm making some analysis to be ready for next week. Get an idea of the ranges of prices that will happen and the possible moves. On the great scheme, seems PEPPERSTONE:XAUUSD is preparing for an attempt to reach a new high. On the daily chart a Bullish Breakout Pattern is forming, testing the resistance at around $2078 USD. The pattern,...
The current trend shows a breakout pattern with a resistance at the price of $2,785 USDT. Taking the Fibbonaci ratio the price should increase close to $2893 or fail to execute the breakout if it loses the $2720 price support
^w^ I'm a beginner doing paper trading. Be welcome to refute my hypothesis and give suggestions A Golden Cross will make a small bull trend if ETH continues over the existing support trend seen on the 10 min time frame. This idea won't happen if it breaks the current resistance and starts a new trend.