Based on the current market, we can see;
1) I have uploaded XAUUSD analysis before (check my profile in the Ideas area) and we have managed to hit TP at 1813.36 and then XAUUSD reacted at TP level to become a buy entry now.
2) I expect XAUUSD to go up and touch the SBR zone first, so set your first TP at 1894.85.
3) The second TP can be set at 1958.15 on the QM...
We can see the structure of XAUUSD in the current market.
1) As in the yellow circle, we can see the formation of Drop Base Drop candlesticks. The price has reacted to the Base price level and we need to wait for the following confirmation before we put our entry.
2) In the Drop Base Drop has also made a fakeout and then has broken out at the support level...
Hello there, happy trading. This is my idea for the EURJPY in the H1 timeframe. Based on my technical analysis, you can see a double bottom pattern has been developed completely of its features. So, I presented to you guys my ideas explanation on visuals. Thank you.
