About meHi Traders, I like to analyse chart for my daily hobby and as part of my business needs.
I'm using Advanced pattern, pattern, volume, fibs, trends, elliot wave theory and mix it.
I will share my idea time to time
Glad if you like it and Ignore it if y
I'm Still not sure whether this is the perfect time to enter reversal trade or there still one more downside in this pair.
But what i know for now there will be good opportunity to search buy entry.
Will keep this pair under my radar.
Bat pattern in Daily chart,
divergent in Daily stoch,
Good area of support and resistance in daily,
So I'm Looking for short opportunity in this pair, if i don't have time to check with this pair, i will put my entry order below
Stop loss: above 0.7900
TP: 0.382 retracement of C-D Leg
Thanks To my friend on another forum that shows me this chart.
Volume shows no more interest in sell, Elliot wave shows 5 waves, pattern shows head and shoulder.
I will go Long for this one.
This trade will takes couple of months, if this trade did not suit your style. don't trade it.
Looking For Short opportunity with stop loss above X leg.
Gold power keep increase after couple of weeks. Right now maybe the right time to counter trade.
Patters shows short, volume shows short. i'm going short.
Trade Wisely and Good Luck