EurUsd is in a deciding moment. Either we continue with the long downtrend or just retraces to 78.6 % of the current uptrend. Price is forming a head and shoulder in the 1 hr and 4 hr timeframe. Looking to sell for 100 pips. Happy trading!
We could be near the end of wave 5 in the weekly timeframe. In the daily chart I´m looking to short gold around 1680 once I see the Head and Shoulder pattern developed. My target is near 1300 taking in consideration high volume in that area, also, this could be a correction ABC after the 5th wave is over. Happy trading!
Gold is in retracement phase for about 75% of current downtrend. 1490-1500 is the area of interest in the market. Wait for price to reach that zone and Short it from there. Target around 1400. Happy trading!
Possible outcome long term for bitcoin based in Fibonacci numbers, 80000 could be the top. Posible objetivo del precio de bitcoin basado en los numeros de Fibonacci, 80000 puede ser el techo del precio.
Possible head and shoulders formation in the making for the 1 hr chart. High volume in the last few days. Long is very likely in this zone but we still in the selling trend. Look for short continuation around 5000 and possibly targeting 1500. Good luck.