Hi guys, hope you all good.
This looks like a classic break and retest to lower lows and lower highs, definitely has some downside potential.
Looking at the fib I would like to see a retrace to the 61.8 to then further sell off, it would've touched the trendline as well.
Hi guys,
I am expecting GJ to retest the key 144.00 level, when I draw a fib it lines up perfectly with the 38.2 level, I am keeping an eye on when this does reach the 144 level. Expecting some clear rejection as we have broken through quite significantly, will enter a sell position and ride it down to at least the 27% extension.
Hope you all have a great...
Hey guys, my previous analysis didn't really go as planned, here my updated view on my favourite commodity.
I am favouring upside movement to the 61.8 and 71 fib levels, then a move to the downside. Here are my take profit's I will be looking at:
TP1: 1266.36
TP2: 1256.21
TP3: 1239.10
Feedback as always, greatly appreciated!
A small pullback expected, towards the 1285 area (touch of trend line), then let it crumble down to 1250, this will be my first target.
Always trade with caution and do your own research
Just wanted to share something I saw on the charts, EURNZD has formed a perfect inverse head and shoulders pattern, it is at its neckline right now, would be a perfect entry.
We have also finally broken through a 3 month long trendline, time for some upwards action!
Upside targets are 1.6725 and 1.69
Trade safe and responsible!
My first analysis here on tradingview, feedback appreciated!
I noticed a symetrical triangle forming on ONTBTC, I am expecting a short retrace and the a breakout should the BTC market stay stable.
