AUDUSD to 0.74 1) rejection of 0.78 supply and demand zone (major level) 2) evening star on the 4hr 3) break of daily structure 4)previous précis action says after reversing from 0.775/0.78 it goes down to minimum 0.74 5) 0.74 is the last daily high on the daily
Might retrace to 1.78 but play it by ear I have GBPAUD going to 1.81 and if it breaks it then 1.82
Gold will most either reverse from 1750 or 1760 my bias is 1760, TO to 1680 around 700 pips, second TP to 1650 if 1680 is broken.
Gold should reverse around 1750/60, highest unlikely but maybe even 1770
Nasdaq buys to 13290.00 Fib rejection Support rejection
We have a inverted head and shoulders forming on the 4hr. On the daily we have a doji and then a bullish engulfing followed by another bullish day on a daily trend line. GU has pushed price all the way up to 1.4 and now it has retraced, if we use a fib it is rn showing rejections to the 0.618 level. On the 1 hour we have a tweezer top, 2 consecutive hammers and a...
Trend lines for long, Fibonacci on monthly and daily add up for long. Daily break of structure for long, big trend line on daily hit bottom of the trend line for a long position. Also bounced off of 1.2 a psychological level. Just look at my chart and u will see why EU is gonna 📈📈. I just noticed that u cannot see the bigger trend line on the picture. However if u...
I have just spotted a bigger trend line on EURUSD, this to me confirms my analysis on EU being long. I would say swing trade EU up to 1.35. Why? Well it has broken up wards from a trend line and basic knowledge on charts would say it will reach 1.235 since that is the last time EU touched the trend line. However we should have 2TPs 1) 1.225 2) 1.235. The fibonacci...
Possible Trend line and 0.764 level bounce, first TP 1.22500. We will just have to see what happens.