


gentritlecajj
Unfortunately. I don't want to describe the idea. Different strategy from others. Respect to all traders. ATTENTION: This is not any kind of intuiton This is not any kind of signal. This is not any kind of promotion. NOTE: It is just an idea of GOLD chart, which I analyzed.
I actually entered on actual price I took long. It seems like it did an M pattern to buy, and using daily fibonacci level the price retested the fibonacci level several times. According to my long term idea, 1.3985 is my firt take profit line. Thank you, and please comment what do you think.
According to my long term idea, the price should retest on the resistance trendline, using fibonacci level at the 0.786, and then drop 1.83446 price. According to my idea it should be a big SELL. Thank you guys, and please comment me what do you think.
LONG TERM XAUUSD USING FIB RETRACEMENT, TILL THE END OF JULY IT REMAINS TO BE A BIG SELL
Please make a comment below, share your opinion with me! :)
The price has strong support and resistance, with fibo it touched 0.618 level, I went short, I have two take profit lines.
Market did an M. So let's see if we get the big bullish candles, and we have three take profit lines.
We had a price retest on the trendline, in a smaller timeframe we had the confirmation bullish candles, it looks a big buy for this week.
We had a price retest on trendline and we have in smaller timeframe the confirmation for EU.
As you can see there is a Simple M. As I look it seems to be long, simple and clear.
We had a slow moves on GA this week, I'll wait to break the trendline, then the price to go 1.9599, after touching the TP, it is gonna bounce on the SUPPORT line, we will have a big pullback touching the STRONG RESISTANCE, maybe crossing over it.
After touching the Support Line and the Trendline, we had a pullback. Now let's see if we get to the big bullish candles, and touch our first Take Profit line, and break the Resistance...!