AUDUSD has made a retracement to the 618 Fib level within the daily channel. If price stays below the resistance level (0.618 Fib) then I will look to Sell with two profit targets in mind (see chart). . . However, If price breaks and closes above the resistance level (0.618 Fib), then i'll look for a buy signal to retest the top (still within the daily ...
If my analysis is correct, BTC is forming a potential ABCD pattern retracing to the 618 FIB levels on the Daily chart. I will look to buy around these levels :) MACD and RSI also favoring the downward move. . . . . This is NOT trading advise, please trade at your own risk after completing your own analysis of the respected pair. Good Luck to your trades!
Potential bearish cypher, looking to add additional shorts to my TRADE, after the GAP is filled ot it may turn from here as it meets resistance levels. This is just an observation, and not any trading advise. Please trade at your own risk after you've identified your own analysis. Good luck to your trades!
Following the corrective wave pattern A,B, C - We could see Gold rally upto the 1200 an 1220/35 mark potentially (at least in the near future). There is always the possibility of Gold pulling back one more time to around the 1170 or 1160 mark before going long to our targeted destination of 1200 for Profit taking.