OVERALL PICTURE SO FAR. BROKEN MAJOR S/R LINE ATM. BROKEN DIAGONAL R LINE- INDICATES A BULLISH TREND PLEASE TRADE AT OWN RISK AS THIS IS JUST PERSONAL IDEA AND ANALYSIS-
EURUSD-Long Targeting roughly 125 pips on this daily frame chart. Used a XABCD (Gartley) pattern to obtain analysis. Follow for future analysis. Trade at own risk as analysis may not always come true.
My personal analysis, PLEASE trade at own risk as profit is not guaranteed.
H&S pattern highlights the point that we may see a strong short for AUDUSD. Please trade at your own risk.
Hoping for AUDUSD Short, resistance level highly likely to be seen at TP1 however TP2 can also be seen as a reasonable place to take Profits
Trend has reached major resistance level using MA indicator. Fibanocci strong level has also reached as shown above; hence we can expect a short in this specific trade. Please trade at own risk as it may not be accurate.
Prise of GBP will continue to rise after hitting support line of fibonacci- Volatile times may result in inaccuracy- however over the next 3-6 hours we can expect the graph to continue in pattern displayed. Trade at own risk... Above diagram is just an idea.
Price has reached resistance level... expect value of USD to rise against EUR. This is personal notes- Please trade at own RISK.