Head and Shoulder pattern . in my opinion Gold can be in this levels after news
this is not a financial advice guys ,it's just an idea worth sharing
as the dollar keep going higher at least for the near future ,and no signs for a reversal for the EUR, so the odds are to the downside
If bulls hold the 350 level then I don't think this scenario will occur however if they don't then: Potencial scenario Because of weekly rejection of the 50MA + confirmation of a hammer candle, I expect the market to dump to the next support, the 100MA, and trend line at ~325. It will hold the support and go back to the 350 level however bears reload and...
BINANCE:MATICUSDT Now we see a strong pullback around the neckline that can be a very nice entry point with excellent profit and loss limits.
If you are a Bear there is some good news for you because we just got retest on H&S pattern and we got rejected. This is in my opinion not likely to play out, because we have so much support uder 35k but as we know crypto is unpredictable. If we do get this opportunit to buy below 20k i am going to be so happy as we know that BTC is future and is hier to stay, on...
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