Price is following closely fibonacci confluence, may look for a short at the 1st resistance where all the confluence of fibonacci are at.
Price shown bounce from Weekly fib support, potentially return to descending trendline and broken ascending trendline, before dropping towards 2nd support
Price is making retracement back down, may bounce from support area. In line with inside bar, fibonacci retracement and bullish M pattern.
AUDUSD looks like its ready to go up. on the Daily tf has already broken the descending trendline, broke the previous high and created a higher low. looking to go long on this pair. Swing trade style.
NZDUSD long then short, price is under a larger timeframe descending trendline. Looks like its ready to return to pivot area before dropping lower.
Price broke above descending trendline, break of structure from last high, looking for pullback before entering long
May have to wait out this ranging market, the longer it goes, the more it may shoot up since its the end of a descending channel
Price is showing stable bullish momentum where it may find resistance where the 5 fibonacci confluence are at.
price seem to just reacted off the 61.8% ret level, may push higher considering it just broke previous structure. However, monday is today where the trade is seen, we may see some range before price give us clear direction.
Price is showing very bullish momentum, we can wait for some pullback for discount before entering towards the upside
Gold still in smaller tf downtrend, may return to descending trendline before dropping towards bigger TF ascending trendline
Three taps on ascending trendline, two taps on top. May drop towards low TF support
Would they clear the SL underneath or entry right now. Went for 2nd choice but lets see how it plays out. If it doesnt work out, start working on the Ins studies.
Price just tapped from 61.8% and may hit -27%, if not itll just go near recent low, and bounce towards 1st resistance in line with -27% and descending trendline.
Gold has just broken structure to the upside, may come back to pivot area in line with fibonacci retracement for balancing of price and continuation for the long move towards bigger move of 78.6% fib retracement.. However, very messy candles right now.
Price may pullback towards the broken trendline and 78.6% fib retracement of the last move which is in line with the imbalance and last buy before sell candle.
Long position on GA Fibonacci confluence!' 13th Sept
GBPAUD rising before drop Beautiful chart fibonacci confluence