analysis mentioned on the chart
GOLD - Looking strong at this point of time on bigger time frame as well, My approach should be a buy here at current price 1969 Potential upside 1990-2004 Maintain Stop loss around 1958 Follow the levels properly as mentioned and use proper risk management. Traders, if you liked this idea hit the like button & write in the comment section. Why you should...
I am going long with usdjpy at 105.3 with sl 104.4
analysis mentioned on the chart.
analysis mentioned on the chart.
After an impulsive move the pair went through a complex correction. The present rally looks like an impuslive suggests that AUDJPY is in the phase of unfolding its 3rd wave. Remember the 3rd wave is the strongest one.
Analysis mentioned on the chart.
Trading suggestion: There is a possibility of the uptrend. if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: AUDUSD is in a range bound and the beginning of uptrend is expected. The RSI near 50. Take Profits: TP1= @ 0.74009 SL= 0.72454 Risk reward ratio = 1 : 3 ❤️ If you find this helpful and want...
The present support zone will act as wave 4 where the internals have a-b-c waves , being wave a = wave c . If the level intact, the price will move up as depicted on the chart.
After a long rally from an ending diagonal of wave 3 the pair is forming a Head and shoulder pattern. The breakdown of the neckline will bring the prices down to the previous supported as shown in the analysis.
Heavy Short selling can be seen if failed to sustain the level of 1.7500 and it will bolster the view if prices slipped below the level of 1.17000
If the price holds the region of 1.3300 , the pair will give an up-move again for a new high.