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Mirrorline

GOLD - Price can break mirror line and fall to support levelHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price broke $2585 level and entered to flat, where it continued to grow and reached $2720 level. After this, price made a correction movement, after which some time traded and then bounced back. Then Gold turned around and in a short time declined to $2585 level, after which started to move up between mirror line. Price rose to $2720 level one more time and then broke it, thereby exiting from flat too and then continuing to grow. But a not long time ago Gold started to decline and at the moment it trades almost near to mirror line. Possibly, price can rise a little and then fall to $2720 level, breaking mirror line one more time. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDShort
by WalterMoon
2
Gold will little correct and then to continue grow in channelHello traders, I want share with you my opinion about Gold. The chart shows how the price entered to seller zone, where it reached the mirror line and then dropped to the buyer zone, breaking the 2710 level. After this, the price bounced up from the buyer zone but soon corrected back. Then Gold made a strong upward impulse to the seller zone, breaking the mirror line again. In the seller zone, the price started to decline inside the downward pennant, where it broke the 2710 level one more time and fell to the support line of this pattern, breaking the support level too. Gold some time traded below the support level and later it exited from the pennant pattern, reached this level, and broke it, after which continued to grow. When the price reached 2662 points, the price corrected the buyer zone and then started to grow inside the upward channel. In the channel, Gold rose to the resistance line and then corrected to the support line, after which continued to move up to the resistance level. Recently price reached this level and even try to break it, but failed. For this moment, I think that Gold can correct to support line of the channel and then rise to the resistance level back. After this, XAU can break this level and continue to move up inside the channel. For this case, I set my TP at 2740 points. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDLong
by LegionQ8
1
Euro will make move down and then rebound up from wedgeHello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price declined to mirror line and then started to grow. In a short time, the price broke the 1.1000 level, made a correction to the resistance area, and then continued to move up to the seller zone. When it reached this area, the price soon turned around and dropped to the mirror line. Euro some time traded near this line and then fell to the 1.1000 level, breaking the mirror line. Also then, the price started to trades inside the wedge, where it first rose between the mirror line to the seller zone again. When the Euro reached this area, it turned around and made a downward impulse, thereby breaking 1.1175 and 1.1000 levels, after which made retest and continued to fall to the support line of the wedge. At the moment, the price trades very close to the resistance line of the wedge, so, for this case, I think that the Euro can little decline and then rebound up, thereby exiting from the wedge. For this case, I set my TP at 1.095 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
4
EURO - Price can rise a little and then bounce down to $1.1010Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some days ago price bounced from mirror line and made upward impulse, thereby breaking $1.1010 level. Then price started to trades inside flat, where it at once rose to resistance level, which coincided with top part of flat. After this, EUR turned around and in a short time fell to mirror line and then bounced up again. Later price reached $1.1200 level again and some time traded near, after which turned around and started to fall. Euro fell to mirror line and recently broke it, so, now it trades very close to this line inside flat. I think that price can make a move up, higher mirror line, and then continue to decline to $1.1010 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
2
Ethereum can correct to support level and then continue riseHello traders, I want share with you my opinion about Ethereum. By observing the chart, we can see that the price rebounded from the resistance level, which coincided with the seller zone and declined to the mirror line, where it at once turned around and in a short time rose higher to the 3530 level with the seller zone, thereby breaking them. But soon, ETH declined lower this level this mirror line, breaking them again and fell a little lower, after which in a short time rose to 3270 points. Then price turned around and made a strong impulse down to the support level, which coincided with the buyer zone, thereby breaking the mirror line with the 3530 resistance level one more time. As well then, the price started to trades inside the range, where ETH rebounded from the support level and tried to rise, but at once made a correction. Then price in a short time rose to the top part of the range, after which rebounded down to the buyer zone, which recently turned around and started to rise. So, at the moment, I think Ethereum can make small correction to support the level and then continue to rise. For this case, I set my target at the 3200 level inside range. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
2
Gold can break support level and continue to declineHello traders, I want share with you my opinion about Gold. Observing the chart, we can see that the price a not long time ago started to trades in the range, where it some time traded near the support level, which coincided with the buyer zone with the bottom part of the range. Later Gold fell to this level again, but at once rebounded and rose to the top part of the range, after which the price made little correction and then backed up. Next, the price reached the mirror line, after which XAU made a strong upward impulse to the current support level, thereby exiting from the range and breaking the later mirror line. Soon, the price broke the 2320 level too and reached the mirror line too, but at once Gold rebounded down from this line to the 2320 level, which coincided with the support area. But recently price bounced from this area and rose to 2430 points, which coincided with the mirror line and at once turned around and in a short time fell back. At the moment, Gold trades near this area and I think the price can fall to the support level, and break it, after which Gold will retest. Then price will continue to decline, so I set my 1st TP at 2270 points. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
1
ETHEREUM - Price can reach resistance level and try to break itHi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊 Some time ago price entered to rising channel, where in a short time later it reached $3060 level with support area. After this, ETH soon broke this level, made retest, and continued to move up to $3670 resistance level. Ethereum reached and broke $3670 level and rose to resistance line of channel, after which made downward impulse. Thereby price exited from rising channel, broke mirror line, fell to $3060 level, and started to move up in triangle. Inside triangle, ETH rose to resistance level, but recently bounced down and now trades near support line. In my mind, Ethereum can reach resistance level and break it, after which continue to rise to $3965 mirror line. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
1