XAUUSD SHORT FIB ENTRY 1:4.20 RR RATIO 390 pips potential profit
short position on XAUUSD possible move to London low I entered the trade at 1969.5 2:21 R:R
My short position on GU Based on break and retest of the uptrend trendline, consolidation around retest and break of the box. I wanted to enter after retest of the box following bearish confluence but I wasn't at the PC at the moment, 40 pips stop loss is not bad so I took the trade. The take profit is at the second touch of trendline (B). We can also hold the...
I forgot to publish this idea, My long thesis on GU based on uptrend on higher tf, 3rd touch of uptrend trendline validates the uptrend, bullish engulfing on daily tf, -27 fib extension line up with 1.33 psych. level, which is my take profit. Partially take profit at 1.3
Possible short entry on GBPUSD due to short bias analysis
XAUUSD LONG setup created higher low on fib. bullish pattern
May enter short trade for AUDUSD short bcs of reject on fib and aligment with -27 fib. extension with psych level. Also may not enter this bcs of my bullish bias on XAU which has an influence on Aussie.
Potentional BTC LONG to 43443,3 USD. Weekly timeframe.
Possible move to long term resist. bcs of rejection on intreday support and overall bullish bias on my side for gold. Could be stopped out, might reenter on good entry.
I would go for a long on XAUUSD bcs of number of wicks on 50% of fib. wich is aswell mid level. We just break the downtrend so I'm expecting 1750 level soon