I will short ETHUSD because : It is facing a strong resistance at the trend line . Its not been able to break that trend line . The price is again at the resistance trend line and may fall. If it breaks the resistance trend line then we will be looking to buy. Entry : 369.22 First Target : 365 Second Target : 361 Stop loss : 370
I would go long on xauusd because its forming a triangular descending pattern and has given a beakout upwards. ENTRY : 1950 FIRST TARGET : 1967 STOP LOSS : 1945
I will buy EURUSD because : It is forming a channel pattern The price is ats support level and may go up so i think we should buy EURUSD If it falls below the support line short it . Entry : 1.18168 Target : 1.20206 Stop loss : 1.17865
AUDCHF has been spotted in rising wedge which is a bearish pattern with bias to break to the downside. Entry is around 0.65650 and take profit at 0.65350, roughly around 30 pips profit. Good luck! Tibor
If its break trend line .Then you are enter in buy side.
if its Break Trend line.You can buy on break candle or 2nd Candle. if its Break Trend line.You can SELL on break candle or 2nd Candle.
fourth wave completion. One should go short with SL of territory of wave (i).
The daily right side is up against 8/16/2018 low at 1159. The 4 hour is turning down against 2075. While above 1848 where the hourly is turning up Gold can correct the cycle lower from 2075 before another swing lower to correct the cycle up from the March lows. LONG @ 1900-1897 TP: 1930 SL: 1886 GOOD LUCK !
I will buy XAUUSD because : It has been taking support at the trend line . It has touched the trend line 4 times and has not been able to break it. So will be looking at buying opportunities. Entry : 1897 Target : 1915 Stop loss : 1892.94
The daily is turning up against the March lows at 18178. The 4 hour right side is up against the 6/15/2020 lows at 24430. The 1 hour is turning up against 26394. While it shows it will remain above there the index can extend higher toward 30500 in the cycle up from the March lows. Sell @27680-760 TP: 26200 SL: 27880 Good luck !
3rd wave has started in GJ. We can expect the target for 3rd wave at least equal to the wave 1.
RSI DIVERGENCE + STRONG RESISTANCE ZONE CAN TEST 1.168
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (1.5670). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURCAD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...