Hi friends the daily graph of this market shows that it will experience a BALLOWING trend in the coming days but you have to be vigilant at the same time because there may be a change in the opposite direction please subscribe to receive more analyzes
SELL USDCAD @ 1.3585 TP1 : 1.3540 TP2 : 1.3480 slp 1.3625
The price action has so far only been indicating straight bullish candles. Will the red Trendline have any impact? .. is what we need to see.
Target of 73+. Stop being Low of C.
Incredible contraction since last two decades and now at the exact middle point. Something happening in JPY. Even USDJPY has a contraction, though in a smaller timeframe.
Nearing the Apex point of Symmetrical Triangle on Monthly Charts.
Presumably in its Wave C, can head up to 73.20-73.90 zone. Doubts on New High. Invalidation below Contracting Triangle's Wave C Low. Red Trendline can be used for Trailing.
REASON FOR GOLD BUY CALL OANDA:XAUUSD 1) MULTIPLE TIMES RETESTED AND REVERSED THE TRENDLINE OF 4 HOUR TIME FRAME 2)TRIANGLE FORMATION AND TRADING AT TRIANGLE BOTTOM 3) REVERSAL CANDLE STICK CONFIRMATION