Gold Buy IDEA 💡 Price is currently testing A significant Support. Which is a Probable end of a Y or 4 Wave. If this support holds, we should be looking at a significant rice in price making new highs.
EURJPY OUTLOOK 💡. (SWING TRADE IDEA) wait for a clear reverse at this areas. Before sell at valid entry. Try to avoid FOMO (Faar of missing out) it's almost never to late to enter a trending Market
USDJPY at it's final run on Wave 5 (Level3 BTMM) on the 4hr Timeframe. Liquidity on the right has already been grabbed with the recent high and a RSI Divergence (which also was an M pattern of the BTMM school of thought) followed by a CHOCH. It's safe to say the pair has completed the A Wave of it's Corrective Wave and the B wave is almost completed with...
Bounce of a Major Support, with a recognizable bullish pattern formed at the support. TP1 Fib 50% retracement.
Bounce of a Major Support, with a recognizable bullish pattern formed at the support. TP1 Fib 50% retracement.
A rejection of a daily support and a weekly trend line, makes the pairs directional bias bullish at least to the next strong resistance. pivots are clustering showing a recent support and a possible change in medium term trend. Fib retracement is at 50% with multiple bullish - wicks pressure to the upside. the 5min time frame is showing a bullish rectangle or...
Broken Trend line, 50% Fib retracement, at the 3 point of a new trend.
My NZDUSD idea... Waiting for confirmation candle patterns or rejection of the 50% - 61.8% Fib retracement. Let's discuss
My NZDUSD idea... Waiting for confirmation candle patterns or rejection of the 50% - 61.8% Fib retracement. Let's discuss
EURUSD pair just bounced off a resistance and also at a 50% retracement on the Fibonacci. Wait for a confirmation pattern before going short on the Fibonacci level or on the 1.19000 price level (which is a round number psychological level).