the price retested the trend line and a double bottom pattern was formed, I used Fibonacci as an entry point
big trend lines are also trying to sell. sell even in daily timeframes. In the 1-hour timeframe the trend fell below the ema lets wait next
always distribute the money risk correctly so that the trader does not lose
the price closes outside the trend line and respects the maximum and minimum Fibonacci zones
the price closed below the trend line and hit the fibonacci gold zone, we expect a continuation
I use it as a retest of the gold channel or as an entry point in the fibonacci gold zone by forming some kind of pattern lets wait
XAUSD Here, several trend lines and Fibonacci golden zones are analyzed based on the emerging Double Bottom pattern bu yerda bir nechta trend leniyalari va fibonachchi oltin zonalari hamda endi shakillanayotgan Doble bottom patterniga asoslanib analiz qilindi
Here, a sell analysis was performed based on the formation of a double bottom pattern in the Fibonacci gold zones and trend collapse