you can see possible price movement in the chart. if price can stable bellow or above of the yellow box it can go more as mentioned in chart.
yellow zone is near 0.5 and 0.618 of Fibonacci retrace and also near 1 of Fibonacci extension. there is also a pattern like flag or triangle shape pattern. the pattern are going to be complete its cycle and after that if price can stable itself higher than the upper trend line it can go more up. the pink zone is 1.618 of Fibonacci extension and also near previous...
if price go up and form candle stick reversal pattern for short entry it can go down to next level of fibo extension 1.618
if price want go for decrease if must first go up to 38, 50 or 61 percent of previous wave (.38 is near the strong resistance) and after this correction if price go down and bellow low of candle 2 it can go more down. and candle stick formation near the .38 retrace also can claim as a sell signal with small stop loss and big take profit. also for target 1.618...
if 1 2 3 pattern form and price become stable bellow low of candle 2 it is possible to go more down.
if 1 2 3 pattern formation detect after few candle from now and if price become stable bellow low of candle 2 then price can go more down. also price is near a strong resistance and also rsi have divergence.
if price become stable bellow low of sell candle can go more down. if price become stable upper than high of buy candle can go more up.
if price become stable bellow low of candle 2 can go more downside
it is possible that if price stable higher than high of 2 go more upper
if a candle close blow low of 2 there is a chance for sell
After a nice sell order know it is possible that EURUSD go up. while price is upper side of lower band of green channel or entry is valid.
As you can see in the picture XAUUSD probably go for new support so we can have a good trade.