I am taking this buy opportunity from that swing low and holding it up to 50 and 61.8 fibo. Lets check it out.
NASDAQ will surge against Coronavirus....on its way to 50 & 61.8 fibo levelz.
I took this swing trade from the swing low at the release of AUD interest rates and I am still holding my way to 50 & 61.8 fibo levels but I will be scaling in as we go while I am keeping other positions as swing trades.
I am looking at this buy opportunity from NZDUSD Daily, I will be scaling in as we go and take my profits along the journey. Lets check it out.
The price just tested 50 fibo level and its showing signs of respecting this zone so we might see a minor retracement from this point but the storm is not over.
What I did right this week: I bought EURUSD as bullz pushed the price above 1.1100 exposing 1.1200 as our next one stop and that was a brilliant move. I trade price not the lagging indicators hello. #EURUSD
EURUSD has completed that wave now I am expecting to see bears pushing prices down to 1.115 which is around our 61.8 fib zone than we might see bulls carry on with their upward wave.
NZDUSD BREAKING THE PREV HIGH SIGNALING BULLISH MOVE
AUDUSD BREAKING THE PREV HIGH SIGNALING BULLISH MOVE
EURUSD BREAKING THE PREV HIGH SIGNALING BULLISH MOVE
USDCAD BREAKING THE PREV DAILY LOW SIGNALING BEARISH MOVE.
USDCHF BREAKING PREV DAILY LOW SIGNALING BEARISH MOVE.
EU retraced nicely around 61.8 fib giving us a smooth upward ride, my TP is around the supply zone.
I am still bearish on Gold watching those monthly fib retracement levels.
GBPUSD Monthly we witnessed a retracement at 50 fib moving to break 38.2 fib exposing 23.6 fib as my next retrace level or should it 23.6 fib it might go down to retest the previous lowest low then pullback. Here is my speculation on GU. Please keep and eye on GU and remember that monthly never lie