Expecting this pair to continue further decline. Price is in 3rd wave (blue), what means we may see strong bearish movements on this pair. Entry was made after retest of broken trendline. Red and green lines are stop loss and take profit accordingly.
Expecting this pair to continue bullish movements, till 112.500 price, that's my target. Made the first entry visible.
Stop losses are on breakeven, and 3rd wave (green) has started its movement. Next week expecting this pair to go deeper. I made first entry visible, i opened first trade (1.32888) approximately a month ago. Still keeping :D
NFP has passed, price behave itself as was planned. Next week expecting the price to finish 5th wave (red) which is ending wave of 1st wave (blue). After price may go up to complete 2nd wave (blue). And after that price may continue to go down for 3rd wave (blue).
Price has reversed from 0.5 fibo level what is very common for 2nd wave (green). Waiting for further declining of price.
Entered after breakthrough of channel. Red and green lines are stop loss and take profit accordingly.
Trade is in little profit. Updated because noticed price channel (purple).
4th wave (green) is completed therefore im entering short on this pair to catch 5th wave.
Expecting Gold finally to go up and complete 2nd wave (blue), which has confluences with fibo levels (0.5-0.618). Red line is stop loss, green line is take profit. Wait for price to reach blue rectangle area, then is better to short Gold.
Stop loss is not hit, therefore trade is still valid. Moreover, seems that 2nd wave (green) has been completed, and price is respecting significant fibo levels (0.5-0..618). Expecting this pair to go up
Posted setup on this pair few days ago. We have break out of trend line. You may wait for retest, or enter from current price. Red line is stop loss, green one is take profit.
Price seem to be completed 2nd wave (red), in upcoming hours expecting this pair to go down.
Price is in 3rd wave, expecting to go higher. entering from current prices is safe, if you stop loss is mine like on chart.
Seems price is still in 2nd wave (green), expecting price finally go down from blue rectangle zone, which is confluecing with fibo levels (0.5-0.618). Very good risk to reward. But also difficult trade :D
We have extended 3rd wave (green) in which im expecting the ending 5th wave (blue). After we may have 4th wave (green), from which we will short to catch 5th wave. Blue rectangle area is recommended entry zone.
Decided to recount wave after noticing the ending diagonal in wave C (green). On previous posts i was sharing this whole wave as A wave (red), but seems it is B wave (red) in which we had C wave (green) as an ending diagonal. Therefore i think in upcoming week we may huge short in oil. Stop loss may seem big, but target is huge too.
Wait for price to reach blue rectangle zone. It's nearby significant fibo zones are (0.5-0.618). Price is completing 2nd wave (blue) in which price has completed the A wave (red) and B wave (red). And may go up to complete the C wave (red) after that we may see impulsive bearish movements. Also, red and green lines are stop loss and take profit accordingly.
My weekly view on GOLD. We may see massive shorts on Gold because we completed ABCDE structure.