Same as most major pair price still in range trading awaiting fed fomc decision Based on price movement for today looking towards lower line
Range trading expecting move towards lower line awaiting fed fomc later tonight might
Price is currently out of the box and expecting bullish move If price doesn't break 1.618 fibo resistance level high probability it will return inside the channel But still outlook towards Q3 till 2021 is going to hit $1.8k
Target range trading is going on this week after massive consecutive drop Price is currently retest on weekly previous major support
Still looking forward price to break above $10k else price is on range trading Hopefully it will break upper line indicates bullish is in control
Targeting price is moving towards lower line support If breakout towards below then high probability retrace at 2% fibo
Price is inside channel and targeting still in range trading But high probability moving towards median then upper line
After major drop last night targeting range trading Support at lower line
Price breakout on lower line indicating moving out of the box Targeting retracement at 2.618 fibo
Price rejected twice on upper line and is moving towards median line If price break below median then confirmation movement going towards next support at lower line
Price is moving toward out of the box Bearish movement confirmed targeting towards 3.82 fibo support
Price inside channel and currently at median line Expecting will retest on median resistance and breakout towards upper line Else price will return back lower line
Price moving inside channel and expected still on consolidation after strong drop Targeting to move towards upper line and in range
Price is breaking above median line and we will see retracement around this area before continuing it's bullish trend 2 cycle reversal on 2% fibo pitchfork and lower line indicates a confirmation trend has changed Based on basic pitchfork, high probability price will move towards upper line resistance to complete it cycle
Very interesting which we saw gold trend is bullish since 2019 and it is possible that trend would continuous to go on bull since current market situation and economic is getting worst From history highest price was around above $1.9k and im expecting that high probability will move towards that level from 2 technical analysis Andrew's Pitchfork & Fibonacci...
My point of view on EURUSD as DXY US Dollar starting to show strong bearish trend would affect most major pairs Reversal on support pitchfork fibo 2.618 indicating trend has change and expecting bullish on Euro High probability is moving towards channel
Current price is inside pitchfork channel and expecting strong bearish dan drops in US Dollar Confirmation after break into upper line major support below & nearing to fibo retracement 1.618 My point of view if price moving inside channel indicating high probability towards median for next retracement Price would also hovering around upper line before further...
Oil prices have crashed below $15. The black gold continues suffering from lack of demand as economies remain in an induced coma amid the coronavirus crisis. Andrew's Pitchfork level to be alert:- - Currently high probabilities level retracement on 2% as complete cycle at range between $14-$15 after breaking below 1.618 - Most extreme condition that it will...