EURUSD has been in a downward trend. It managed to break the trendline but not enough momentum to stay above it and has came back to making LL and LH. Price is also at a resistance level and at the 200 and 50 day EMA where it looks to be reacting too. Looking to sell down too around the 1.23 level
Hello sir.excuse me what is your opinion about the xauusd?thanks
Adam_FX
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@Moh3nem may see a correction from $1900 price down to possibly $1825 based on my technical analysis I’m just waiting for confirmation. Please don’t take this as me saying to sell.
Moh3nem
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Sir, your analysis is excellent. Thank you. If it is possible for you to update this analysis. If you have a VIP channel or more analysis, I will be happy to do so.
@Adam_FX, Thank you very much. I mean, what is your analysis for continuing the path?
Moh3nem
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@Adam_FX, And if you have a VIP channel, I will be happy to be a member. My Telegram ID @ Moh3nem
Adam_FX
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@Moh3nem I usually trial my stoploss and mark zones for it to either break or react too. If price bounces off the zone(support) it will hit my stoploss which I’ve been trailing so I will be profiting or if it breaks through I’ll look for the retest to place another position.