jaber.khodadi

jaber.khodadi

Using Fibonacci ratio, I personally think it will touch the bottom channel line at 1.618 area

jaber.khodadi Updated 

These are important trendlines and channels that guide the eurusd's movements. what we can see here, the blue channel middle line has lost support. so I think the first target would be the amber line. If it gets back from the current blue line the it can head to the green resistance line. Let's watch the play

jaber.khodadi

Looks like a double top to me. We see the breakout happened and now it made the pullback. Everything's ready for a decline ...

jaber.khodadi Updated 

on our watchlist ...

jaber.khodadi Updated 

I think it'll bounce back at upper channel line. but AB=CD Pattern target is the red line. Let's watch the play.

jaber.khodadi

It's expected to be headed to the bottom line of the channel.

jaber.khodadi

Creating a wedge on its way down, telling us the downtrend is weakening. Also, it is reaching to a good support line. RSI bullish divergence is interpreting those price action into an easy understanding picture. By the way, There is no certainty in the market. We're watching carefully.

jaber.khodadi

1- Gold will easily make up to the blue line. 2- There we may encounter some supply and correction (probably to the bottom line of the blue channel). 3- If it passes blue line. it can easily reach the redline. 4- There it completes AB=CD pattern. I'm a trend follower trader and I don't like forecasting. but this scenario is highly probable.

jaber.khodadi

I see no obstacle in the way of making this ten pips.

jaber.khodadi

BAT pattern and bullish divergence.

jaber.khodadi

Use this along the harmonic cypher pattern

jaber.khodadi Updated 

that channel tells us the gartley is more likely to happen. let's see what happens ...

jaber.khodadi

It's about to complete the pattern and get overbought.

jaber.khodadi

Trade Carefully. Good luck

jaber.khodadi Updated 

Trendline, Harmonic pattern, Pitchfork, RSI. I'm waiting for some Price action to enter

jaber.khodadi

Everything's ready for a reversal but we need some price action to ensure it.

jaber.khodadi

this pair is struggling with several resistances area. I don't see long goals for this chart. It's expected to fall soon. RSI can give us the same clue.

jaber.khodadi

Gold looks strongly bullish. but now it looks like it needs a bit of correction which is supposed to end at 1207-ish area.