a close below 0.90835 will lead to a fall to the next support which is @0.90096 .....a break and retest is likely to occur
if we get a close above 0.735 price is likely to rise to 0.74234 which is our next resistance
if it manages to break the trendline @11984 itll fall to the next support @11916
if GBPUSD does not break 1.319 itll go long to that next resistance
4hr Xauusd setup if no vaccine news is announced
must reach somewhere near 1905 then fall to that trendline as it keeps playing in a channel
audchf broke out of the symmetrical triangle and gave us a sell confirmation when it retested on the triangle
once it breaks out of that triangle our take profit will be at the next fib level
we will be waiting for a breakout on either sides or wait for a retest
the 1.68 fib level gave me a reason that the bull run for xauusd has ended since it was also extremely overbought
IM ANTICIPATING EURUSD TO SELL FOR A SHORT TIME TO THE @0.236 FIB LEVEL WHICH IS IN CORRESPONDENCE WITH THE TRENDLINE THAT WILL BE OUR BUYING ZONE
we have been witnessing a bullish rectangle on NZDCAD 4HR chart there are only two moves which price will make either it will move up and retest the top part of the rectangle and then continue upward or itll fall shortly and retouch the treandline and continue buying
AFTER A RETEST ON THE UPPER TREND LINE WE'VE BEEN GIVEN ANOTHER CHANCE TO BUY AT A LOWER PRICE
this is what i think will happen to XAUUSD if it breaks out of that triangle selling im think itll reach the 1740s resistance and rise up again .....