I am expecting 4th deep level to be tested in this yellow channel.
The green trend line is broken and tested. For this process, it is appropriate to wait for the blue wedge to move down.
It will be a good trade with a near stop level.
In my Gold analysis you see, I think that the Large fibo Retracement value is closed above the 23.6 level and our new target is fino Retracement 38.2 which also equal to the Fibo extension 61.8 value.
Also in the Bollinger Band, the upper band will be provided at the target.
At this point, there are price action movements.
Also, incompatibilities started to show up.
I specified the scenarios in my short term study.
My general goal is to reach the trend line ...
This is a correction targeted study.
In my analysis for GOLD, the alignment of the Andrew's Pitchfork with the channel,
the Awesome oscillator going in the positive direction and the high profit / risk ratio will hopefully lead us to the goal.
In a study of us for EURJPY, an ABCD formation is completed on a 30 minute graphic.
A-B fibonacci correction level has returned from 1.618 level which is a strong support point.
Also, shoulder-head-shoulder formation is visible. Short term target is given.
Looking at the weekly chart for AUDUSD, the value is in the major resistance zone. The 34-point moving average also stands as resistance in this region.
In addition, when we go down to 4 hours, the conditions required for Wolfe must reach a certain fibo level as explained in the graphic.
After completing the wedge formation, I expect the return to begin. The R / K...