Hello My Friends . Its My first published idea in TradingView .
My analysis based on harmonic Pattern ( AB = CD ) and Trend line patterning + support and resistance lines and fundamental about Jpy and GBP
Let me clue you in
1 . we Have two down Trend line From monthly And Weekly Time Frame that they are not going to be touched in at least +200 pip
2 ....
Buying the fucking Silver dip for long term in case of period of hard volatility in 2020. Iran , Trade war , Brexit - you know the drill.
Credit injections can't save this ponzi forever. Nothing can make new highgs forever and consumers get enough with syntethic price actions and bubbles . Consumer don't want to pay that high for stocks , houses , etc. Only FOMO left .
hi guys i hope happiness for all of you please like it thx
okay the green chart that you see copied from 25 may and this is very similar to current move for me .
-Fractals are useful in modeling structures (such as eroded coastlines or snowflakes) in which similar patterns recur at progressively smaller scales, and in describing partly random or chaotic phenomena...
After reaching supply area in few days ago(green area) , and breaking out upward daily trend now, downward channel is obvious in the daily and H4 chart
My plan is to enter short position until channel floor .
Good luck and be wealthy.
Now USD CHF is in proximity of strong demand area and warming up to jump toward supply area one more time it could be good long position by 2:6 Risk to reward .
Good luck and be wealthy .
HI EVERYONE
i live in iran and our economy based on oil so if the price goes up we will be happy :) but the price is on 61.8 fibo lvl and WE SEE tenken and kijen sen cross so this is possible that price goes down until about 12 $
Given the recovery in the US economy and the worsening economic situation in the UK, the GBPUSD exchange rate can be expected to fall.
Because in any case, any action taken by the Bank of England in the future will lead to an increase in expansionary policies and, as a result, a devaluation of the country's currency.
Leave me a comment
In the short term, the price is taking its downtrend and is facing a resistance of 1.11002 .
The short-term, and the long-term, are bearish
Success is not the destination, it is the way.
