1W Trend line - Bullish - Supported by 4 wick touches. Expecting this to be the last. 1D Breakout - Bullish - 5 day range broken, retested at 155.200 pysch level/median zone. 4H EMA - Bullish break above the 8 EMA - Followed by 2 retests of the EMA.
71.8% Fibs retracment Uptrend on trend line Retest of range breakout
EURUSD Long Fibs Retracement at 61.8 Price breaks above resistance Retested
Gold broke out of the downward channel and remained above the 200MA
Long term biases on gold are useless, let's see how this plays out by Christmas.
Series of LL's and LH's Depletion of bearish pressure, followed by bulls entering market. Price has respected and retested key level 1.80000 Price may not make a LL = Possible Reversal
Head and Shoulders or Double Top Potential of these two Bearish patterns coming up. Confirmation on the Fibonacci will be supported by price breaking through 1.17000/1.16900 Selling only if price breaks solid below 1.16900, exit at 1.16449 Bearish Bias is wrong if price breaks solid (not wick) above 1.17550/1.17600 Bullish Rectangle / Bullish Pennant ...