OANDA:XAUUSD Resistance: 1880 Support: 1680 bullish possibility but it's better to trade after the big news on Friday August 5th has passed
normal Fibonacci retracement is at the level of 38.2% or 50% if it hits the 61.8% level then it's not normal now we see that gold has touched or passed the 38.2% fib level then gold will then catch up to its 50% fib level and after touching it will continue its downward decline
btc looks to be heading downwards again with the reference to the market structure plus the price of 24442 is the 100% fib level and if the latest fib is drawn it will meet for tp 1 at the price of 22596 it is the 61.8 fib level and now btc is forming a bearish channel or bear flag it is a continuation pattern anything can happen in the market so stay careful!!!!!
Still waiting for breakout trendline stop loss can be made above the nearest resistance and take profit can be made at the nearest support too fibo from 1D timeframe
still waiting for breakout chanel chart pattern or buy now without waiting for a breakout entry price : 136,500 SL : 136.800 TP: 135.800
The bearish trendline has broken out but is still waiting for the trendline to retest. time that good to enter the market if price successfully retested the trendline
waiting for breakout small bear flag chart pattern, this will be seen more clearly on the 15m time frame and still wating for brekout big chanel chart pattern on the 1h anything can happen to the market, I don't want to take a big risk for this trade so I'm still waiting for confirmation (breakout) no matter where it moves #safeyourmoney
false breakout or retest breakout? still waiting for confirm TP 1 = 20800
success breakout Resistance: 1.30754 and breakout triangle chart on the daily candle Entry: 1.31610 TP: fib level 161.8 1.34357 SL: below fib level 100% 1.30390
waiting for audusd to breakout strong support at 0.66765 if that happens there is a possibility to pursue the next support at 0.60105 Trading Plan Entry Price : 0.66600 TP 1 : 0.63700 TP 2 : 0.60100 SL : 0.68400
still waiting for breakout candle daily usdjpy OANDA:USDJPY
#reason failed breakout, bounce up from strong support
xauusd failed to breakout from strong support or bounced from strong support because of that the price of xauusd could have chased the nearest resistance first and if that resistance can be broken it will chase the next resistance Entry Price: 1810(above fib level 23.6) TP1: 1834(nearest resistance above fib level 50%) TP2: 1877 (subsequent resistance fib level...
waiting for btc double bottom if the price of btc reaches 17645 and fails to breakout support then it is certain that btc will be able to fly to the price of 32800 again and if it succeeds in breaking out then the price of btc will chase the next support at the price of 12600
trading if daily candle above close fib 23% and if not its failed