forexwriter

forexwriter

A nice short occur at the 78.6 of the last impulse to the downside which is also a touch of a mini bearish trend-line. my bias is very clear looking at the chart, i am currently looking to open a long position as soon as the market open,with a stop-loss below the support as we can see that we are actually retesting the broken support and a retest of broken...

forexwriter

This are ratios i use in trading harmonics , and they work pretty fine.

forexwriter

My bias is short on EURGBP as we got a Gartley harmonic filled with a C leg of a bearish flag pattern, also align with an E leg of a reversal pattern forming on the monthly.

forexwriter

i will watching this pair to see what she gonna do, but my present bias is to go long and filled one of those potential patterns, before going short

forexwriter

i see Au has a long way to go to the downside, but we need to se a small retracement of the previous 5 wave impulse move which is an ABC wave pattern back into our bearish channel. then go short from there.

forexwriter

We see a strong Dollar this week which cause the fall of GOLD to a significant fib level 61.8 % and a rejection of TL, as a 3rd touch,also GOLD has been forming a structure for the past days which happen to break at the close of the market, i am looking to see a week DOLLAR this coming week, in order for GOLD to make a retrace of the impulse move she did while...

forexwriter

As price just broke the hourly resistance and testing to turn a support , if it hold , their is possibility of price going all the way up to the next daily zone at 1.20688 which also align with the 38.6 fib ratio and a drop from 1.20688 area might occur, watch out for the candlestick pattern as that area.

forexwriter

watch out on those fib levels and zone break

forexwriter

i will look at what she does, but i know she will act well to one of this move

forexwriter

EN is likely to move in both ways this week, any way she moves, we catch the pips.

forexwriter

price rejecting the 61.8% of the corrective wave, sitting now on the 50% of the impulse wave also at a support level, a break of trend line as occur as i looking to short the pair as soon as i seen a retest of the support line, aiming 1.2117 which is at the 38.2% of the corrective wave.

forexwriter

welcome any form of suggestion, this just my view

forexwriter

i will welcome any advice of this pair, but this is my review and my predicted move for the coming week. thanks for advising me on any wrong markup seen