confluence breakout
sharing my analysis
lets see.....
RESISTANCE...
Range trade
Basic range trade entry @ bullish hammer
hate to admit, that im thinking "bullish" on gold, without thinking the right entry points. im a newbie to forex, already loss 60 dollars trade, from my 300usd account. - i will focus on to this parallel channel. and WAIT
.618 fib still intact. - previous support is now the resistance. - if .618 confluence with ema 100 breaks down. (ill cut)
with a strong CAD, and eur is about to go down. this pair i guess will go down to its levels
4hr and 1day time frame confluence @daily - trendline resistance is confluence with the ema60 acting as a resistance
confluence support with .382 fibo level
back to range with a shooting star on 4hr time frame TAYOR
im still a newbie.... any comments are welcome :)
abcd pattern?
failed breakout for USDCAD, however .618fib support holds
will it breakdown??
TAYOR
.618 confluence with the support and ema 20
