-A short opportunity will be more reliable on the break of the S&R zone. -A close below 0.50 fib Retracement level supports the break of the S&R zone. -Supported by MACD with a divergence
Confluence -100 EMA Bounce -Support Zone Bounce -FIb Retrace 0.236
Confluence -100 EMA Bounce -Support Zone Bounce -FIb Retrace 0.618
Pattern -H&S Pattern Confluence -Bounce on Fib Retracement 0.168(Right Shoulder) -Divergence Entry Signal -Buy on the break of Neckline/ Resistance zone Forex Trading is risky and can result in considerable loss. None of the strategies, or information discussed or presented are financial or trading advice or recommendations. The author assumes no liability...
It is strongly advised that you make your own decision before taking any trade as this is an idea.Trade at your own risk and remember to use trade management skills
4hr -Wave 5 is completed -Correction Wave ABC possible formation -Price might hit 0.6180 or 0.382 Fib Reverse Retracement to form wave B -Wave C is projected to hit Fib reverse Ext 1.618
4hr TMFRM -Up Trend -Bounced on PP: 1.33206 -Bounce on Bullish Trend-line 1hr TMFRM -Bounced on Bullish Trend-line -Bounced on Fib 0.618 -Incomplete Elliott Wave (12345) Notes *According to the Elliott Wave(12345) principle, if the first wave and the third wave is of the equal length then the fifth wave is a surge -We are expecting the price to push up if it...
4hr TMFRM - EURUSD has bounced on the reverse fib ext 0.786 -Hit Support and Resistance -Broken Channel 1hr TMFRM Confluence -Support and Resistance -bounced on the fib ext 0.50 -bounced on PP 1.13213 Opportunity for short
Elliott Wave 12345 pattern opportunity
Gold to reach resistance zone Completion of wave five of Elliott wave (12345) Completion of a wave can be on Fib 0.618 or Fib 0786 After wave (12345) completion we might see a wave (ABC) correction Looking for a short opportunity for gold