simply showing the power of Fibonacci
we had seen a Bullish Divergence and Hidden Bullish Divergence on MACD and by the confluences of 4 Fibonacci tools (Retracement, Extension, Projection, Time Zones) in an ascending Chanel...
So we are
Speculating...$$$
A TP Zone Starting from 39.43$ to 41.16$
a Safe and Sure TP can be 39.43$
It is a Swing Trade and it...
The gold time frame of 1 hour is located in an ascending channel, the support/resistance line of the channel is touched every time and it reacts. Gold will move upwards towards the resistance line until the support line of the channel is not down. Down line of the specified support range.
XRP broke it's two year channel upward and moved higher as expected.
Now it's testing 0.23 0.24 supporting line and it's testing it well.
As you can see in the chart I expect XRP to reach 0.39 0.47 by the end of 2020.
This is my idea.. What do you think???
EURUSD (Update)...!!
In 1D Chart pattern EURUSD forming Accending Channel ..
Possibly euro move down..
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