andrewlimanto77
Gold 2019 position trade setup for good investment next year.
Gaps already Filled and it shows no reversal to top so it means AUDUSD still weak and testing 0.70000 happy trade =)
price still in downtrend channel now price is respecting the original trendline EURUSD still in bearish moment, so does GBPUSD
EURUSD prediction let's trade safe short term is good for last quarter on 2018
You see the trend line is sloping upward nicely by the CNY gold might rise sharp and wait for mercury retrograde cycle to boost it 1265 for max target
Down Trend Line is broken UP trend is forming look for buy signal when retrace to 50% area considerable lot is advised EURUSD is in sideway momen right now need good strong impact fundamental to boost the bull.
Potential Drop is ahead Price rejected from fibo 50% after big bear impulse
use trail stop to get maximum profit keep an eye on the limited upside
EURUSD drop so nice, so does EURCHF EUR is the weakest pair this week.
DXY still strong there are 2 scenarios = 1. upside target 114.00, break above 114.250 will go up further 2. any rejection pattern will confirm reversal with target @113.150
isn't that beautiful ? the power of fibonacci retracement =) 2nd and 4th wave reject from fibo 50 further downside is expected at 1.27000, SL 1.28350
1. As i wrote before, Gold couldn't break 1230 which bring it to downside further 2. Sell on rally will be the best option 3. if price break below 1220, next target is 1215-1210 4. always pay attention to fibonacci level where the price might reject from it
1. Downtrend Impulse detected 2. Pay attention to 2 Fibo's level where the price rejected 3. Sell on Rally is highly suggested 4. Price is testing 1.12700 for next month
price rejected perfectly from my last post at 1208.67 1st Scenario (high Possibility) any break below 38.2% will bring gold down further to 1207 wait for breakout to confirm 2nd Scenario (low possibility) break above 1229, up to 1240 happy trade fellas!
Gold is in bullish term. you can see how Higher Low has been made 1. Price might retrace to 1219-1216 2. then we can look for BUY for 1228 target price 3. Use EMA 21 + 34 to help us find dynamic entry point (alternate option) 4. SL at 1207 There is no exact move when predicting the market so i just give an analysis which is more make sense to get daily...
1. Big Bearish Engulf candle, few Bullish candle = BEARISH 2. price might retrace to distribution zone 3. Monday Asia Session will be interesting!!! prepare your taco
1. price is moving above ichi's cloud = bullish 2. price might retrace for a Short Sell with Tight SL 3. Buy when price enter buy zone (green stripe line)
Almost Complete ABCDE Triangle Pattern corrective move is over and we expect it to move toward Final Wave (Z)