With recent study of how market behaves for every year end cross over gold market usual show a strong buy at the end of the year.
This is caused by the purchasing of gifts and money circulating across all currencies.
Back testing this strategy which I was enlighted by a friend of mine. I feel it is the safest long term buy which we all can take advantage of the...
I analysed this pair using the elliot waves principle and I think this pair is forming a A-B complex correction in the high time frames please feel free to correct me.
The wave (Y) is completed and the the pair is well within the Blue Box (sell zone) where the pair may experience a high sell pressure you will have to use your own confirmations to enter the trade.
