Here is what i see on a daily chart...a down trend that consists of a (1,2,3,4) runs & retraces and it already has shown to repeat itself twice. - Measuring the firs Leg 1&2 with Fibonacci Retrace gives us retrace point at 61-50%, bouncing of an outer trend line. - Measuring sequence of 1,2,3 with Fibonacci Extension gives us a second run 3&4 at 61% ($2.59),...
Several confirmations pointing in that direction But there ultimately waiting on price action whether it happens on the support or ceiling. Marked as a neutral signal due to confirmations in both directions. Honestly, Id rather reacts to the market than to try to predict it. I have directions for you for either way the market goes. Waiting for the break of...
US OIL H4 LONG IDEA ... ( you can DM me for more informartion about my analysis)
NZDCAD H4 SHORT IDEA ... ( look at my previous mapping for this pair. already hit target area 1, now its continuing to target area 2) ( you can DM me for more informartion about my analysis)
AUDUSD H4 SHORT IDEA ... ( you can DM me for more informartion about my analysis)
AUDNZD H4 LONG IDEA ... ( you can DM me for more informartion about my analysis )
AUDJPY H4 LONG IDEA ... LOOK AT MY PREVIOUS MAPPING, ALREADY HIT ALL TARGET AREA, NOW WE CAN OPE BUY POSITION ( you can DM me for more informartion about my analysis )
EURUSD DAILY TIME FRAME LONG IDEA ... ( you can DM me for more informartion about my analysis )
GBPJPY H4 SHORT IDEA ... ( you can DM me for more informartion about my analysis )
If we see a breakdown of the 20 period simple MA, then we will likely fall to the $2.10 support level, where there is multiple support levels converging.
AUDCAD H4 SHORT IDEA ...( look at my prevous mapping, hit target for buy, and now it's time for short) ( you can DM me for more informartion about my analysis)
AUDCAD H4 TRADING IDEA ... ( you can DM me for more informartion about my analysis)
USDCAD H4 SHORT IDEA ... ( you can DM me for more informartion about my analysis )
EURGBP H4 SHORT IDEA ... ( Look at my previous mapping, after hit target area 1, EURGBP still moving to target area 2 & 3 ) , ( you can DM me for more informartion about my analysis ).
CADSGD H4 LONG IDEA ... ( you can DM me for more informartion about my analysis )
Seller falses break a support zone 71.7. So, it leads to change in the trend of this pair (downtrend to uptrend) Expect the next targets are in the image Good luck & safe trade
Little idea on USDJPY Waiting for the weakness to show itself if we cant test the highs of Friday and we close indecisive again on Monday then i will put a pending order 5pips below the close of Mondays candle and then enter a short position Wait to see what price does on Monday. Lets see how it goes.
Having watched this rentable commodity for weeks now, I have my bias formed on a long as the price has been hiting the suport line and not being able to go further down. Also the news regarding Iran and US tensions are playing a major role on this XAUUSD, as the USD shorts due to investors fear of their capital... I hope for this following week a long on gold on...