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Forex-analysis

One thing about success there are going to be many struggles An update of the technical analysis of the gold weekly chart. I still see there are many indicators that indicate that gold (xauusd) prices are still on their way to upward, and there are no indications that gold prices are in a near to collapse. In short term the gold prices are slightly declining because there is pressures from the buyers to bring it down to better price zones. This only will push the prices to rise to higher levels after the correction.. No more than what I can believe in the price now in zone of supply and demand zone. Moreover, with help of the Fibonacci extension tool I can notice the price now is between the 50% and 61% as I call it the golden zone which is the buying zone the raw demand zone. no more than this! lastly, the oval illustration that I have added is not a correct measure, but only to clarify that trading can delay in giving results and profits and not according to the expected or specified time. " DON’T LOSE YOUR SELF IN FEAR DON’T LOSE YOUR SELF IN DOUBT Dare yourself to be better Dare yourself to be unique " Be Patient OANDA:XAUUSD
FX:XAUUSD
by a2ip
EURUSD - FOREX - 3 May 2021Well, this is the last analysis for this week. I think we will see a H&S pattern this week and if this happen, that's a good opportunity to enter sell trade on the right shoulder. please before entering any trade look for any good confirmations such as candlesticks pattern. and you see the 4h timeframe resistance that this chart made a falsebreak out on it. by the way I use Elliot waves theory on this chart. Please look at the 4H timeframe chart! EURUSD 4H timeframe chart: What do you think about this chart? Good luck! ---------- Show me some love with following my tradingview page and please don't forget to like 😃🧡
by saffarifx
6
USDJPY - FOREX - 3 May 2021look at the 4h timeframe first! price made a lower low and it means this market is gonna retrace at least 38% and the next targets are 50% and 61%. this might be a H&S pattern if price move down at here. and there is a wedge pattern on 1h timeframe and the best way to enter a trade with this pattern is to wait for breakout. Please look at the 4H timeframe chart! USDJPY 4H timeframe chart: What do you think about this chart? Good luck! ---------- Show me some love with following my tradingview page and please don't forget to like 😃🧡
by saffarifx
5