ibbyabe

ibbyabe

I wish I published the before and after of that trade I took on the 4H chart. I took a pic on my phone that I might publish. Caught one of Reef's biggest moves.

ibbyabe

let me know what you think

ibbyabe

Double top formed, as well as Daily Trendline being respected, and nice bounces off fibonacci levels.

ibbyabe

EA about to tank!

ibbyabe Updated 

Bouncing off of the 0.5 Daily Fibonacci level, GBPCAD is trading between major support and resistance zones. It is also respecting fibonacci levels on the hourly, and 15 minute timeframes, all with the same bullish momentum. In the very soon short term, I believe there will be a minor retracement to the 73750 level, and a continuation up to the 74217 level...

ibbyabe

it is now oversold on the daily chart as well. I suspect a bounce off this support due to the RSI and current price action and a channel forming before taking on a newer high or newer low. Also, lots of the news surrounding Gold has been both positive and negative, leading me to predict with an edge that there is a new neutral channel in play.

ibbyabe Updated 

Top-down analysis from the Daily --> 4H --> 1H charts. Obvious its been on a bull run, but this is a good entry imo. Looking at the 1H chart you can notice: 1. Price Action 2. Trend Line 3. Support Zone 4. Oversold 5. EMA My first publish :)

ibbyabe Updated 

XRPUSD forming a descending triangle pattern. It is respecting fibonacci levels, as well as support/resistance zones (and EMA's on the hourly)

ibbyabe

:)