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The Australian dollar is still rising in the path of strong, but in a short-term it seems will be retrace, according to the trendline broken and my PINGPANG model, i short audusd. you can short an the open price next monday.
From recent waves, we see a potential Gartley Pattern of WTI is being formed, the downtrend line is broken also, so i will buy at a retracement on this downtrend line.
See more detail on detail. also glad to see u with chatroom.
Traders, I saw that a very strong trend for Gold is changed at 30mins(cross ma250 and stand on), so i think we can but at 0.382 fibo and hold to a big fibo retracement at 0.618@1261.
Hi guys, I hope everyone can make a good investment.
The recent rain in Fuzhou has made people feel restless. But our enthusiasm for the market continues unabated. ^_^
We have three reasons to long crude oil, they are:
1.In a 1H timeframe, we see price run follow a regression trend, and now the price has bounced back on the central trackprice.
2.In a day level...
All traders, EURUSD had broke two upward trend lines, and the shoulder-head pattern seems set up, and we also expect a gartly pattern can be set up.
Do short it, sl and tp as follows:
It seems that the euro's upward trend is not over, and it's breaking the downtrend line. Now you can try to long at the retracement position.
TP1:The former high 1.128
The reason for the continuation bullish trend of the EURUSD,so we can long at 1.1146 here, it is a 0.786 retracement, also is the potential hit point of trend line and price.
I am happily to see that GBPUSD is droped when i drwa a pictrure this wednesday, and now there is no need for us to be pessimistic, we also hava a chance to buy it, the position is 1.264, wait it.