There is a Divergence between price’s and MACD’s peaks...I expect a fall towards the channel’s bottom.
There was a down trend which has a correction in a triangle pattern for a while, if trend line breaks out to downside, the correction will be end and I expect a big fall.
Trend line broken out, Price established below it and also had a pull back...If price could close below 1872.00 , I expect a second fall around 1848.00
Price is below a resistance, it may fall around 1905.00
Price is on a bullish trend line and also hit the support...I expect a grow in future around 1.34795
Ascending channel created...Price is at the top of the channel now...I expect a fall near the channel’s bottom.
There is a Divergence between Price’s and MACD’s peaks which shows a bearish trend...I expect a fall around 1.162150
Price could not break the resistance...I expect a bearish move around 1.16650
There is Divergence between Price and MACD peaks...Price is near a strong resistance...if it closed below the resistance line, I expect a bearish move around 0.70150
It seems like that price is doing a correction now...I expect a grow towards the channel and then fall to the resistance line again.
Channels might seem simple but there are some points that help us to distinguish reliable channels from invalid ones.
Head and shoulders pattern...Neckline is broken out...Possible TP around 1.32910
We saw a grow on this pair but price is still below the resistance area, if it could break S1 and close below it, I expect a bearish move to S2 ( Possible TP)...
Price could not break the resistance...I expect a bearish move around 1.27750... Resistance line is considered as SL, on the other hand, if resistance be broken out, price will grow around 1.30000
Descending channel is broken out to upside...Price had a pull back to it and now is moving up again, I expect the price to reach the second channel’s top as a correction move.
I was wondering if price bounced up after touching the support line but it did not, if price closed below 1850.00, down trend is to be continued...
Gold had a great fall and now it’s time to close 50% partial profit and risk free the position...it may have a move to up because price is on a resistance now...
Price could not break its last bottom and made a double bottom pattern...if it could close above 1.78208 it may have a good rise (more than 3000 pips🤭).