after testing the support on 1.4582 twice the price pull back and we are looking now to see the price on 1.48202 resistance area and looking for a caution there then for the next resistance after the break up
It a long term Trade with high Reward 1:3.5 Risk Reward let's see
It a long term Trade with high Reward 1:3.5 Risk Reward let's see
Euro vs Aud in range that can make the buyers go higher from this support
shorting this pair from this level . near to the upper line of the channel
gold is preparing to fly high after breaking the daily correction channel the fisrt target is the last high at 1280 $
Euro near the second target we mentioned before .after reaching the 1.1500 price we can the market demand and action that will appear at this level price .
Euro waiting a key level if the priced move up to break the channel it will back on the bullish trend > breaking down the 1.1070 level that's give us a signal on starting a bearish trend
In Range bond movement ,after big draw down movement the market hold on if the price broke the upper levels 114.5 we can the price around 116.00-115.50 . or we will go down after breaking the last trend toward the support area again
Wave one finished and we are in the first correction in way up and the market looking for deeper support near 1190$ . working in new channel the price looking to touch the upper trend and then moving lower to the next suppourt to start again in wave 2
moving back inside the channel looking to touch back the major down trend channel as a correction
bullish movement at this level is possible to retest a new higher price first target at 1.1365 and the second target at 1.1520 level
PARABOLIC ARC PATTERN THE GOLD MARKET NEAR TO COMPLETE THIS PATTERN
correction finished after FED interest rate hike for 0.50% . Any Price Rising its an opportunity to go short with a stop loss limit around 1.1015