michelrheaume

michelrheaume

Base on Fibonacci and wave theory, XAU USD reached a critical height of 61,8% retracement. It as also reached the line the past major summit trend line and the past major bottom trend line. Furthermore, it as reaches a critical past resistance ( The bigger blue line ). Due to these multiple factors together, I believe XAU USD should go short. Please like and...

michelrheaume

Base on wave theory and the Fibonacci theory, CHF JPY should reach the 128,00 extension. It will most probably stay between the dark blue line and the lower light blue line. It still could go up to the higher light blue line, so don't lower your stop loss too fast. The red lines are highly possible resistance level where the price could go from the lower...

michelrheaume Updated 

Base on Fibonacci theory and wave theory, CHF JPY should go down after reaching 61,8% retracement or 78,6%. It will then probably reach 128,00% extension as shown on the chart.