EURUSD Monthly chart we have seen a retracement right at 61.8 fib moving and passing 50.0 fib right now its playing around 38.2 fib if it can break this zone it will expose 23.6 fib. In my understanding EURUSD is still bearish thats why I am ignoring long opportunities because I regard them as minor pullbacks. Please keep an eye on EU, dont go against the trend....
I am expecting a breakout I will be glad if I can see a breakout then retest of TL boom I pull a trigger and TP will be around 50 and 61.8 Fibo. Lets watch this playout.
In my watch-list: AUDUSD (H4) Ozzie broke HLL at 0.77709 signaling a down-run as bears prevails over the bulls I jumped in at the breakout my first target is 0.77207 thats 45 pips remember that my target lies between 50 & 61.8 fibo which I always regard as the significant retracement levels. Check it out and take it at your own risk with a proper risk management....
GOLD: its been playing within that descending flag for a while it attempted to break the trendline and got rejected. I anticipate an upward move to retest the trendline then a rally down to that demand zone. The more it retest that trendline the weaker it gets eventually we will see a breakout. Lets keep our eyes on gold. #Empower&Inspire
I am just following these swings I am expecting a price to drop down to 50 or 61.8 fib then retrace up therefore I am putting a buy limit around 50 and 61.8 fib. Let the price come to you. Dont chase the wave.
NASDAQ Daily: I am looking for a sell opportunity once it break that long-term trendline and take my profit around the 61.8 fib cos I am expecting a retrace around that zone. Lets keep an eye on this index.
Zoning with USDJPY Daily: Lemme walk you through. This pair has been on rally thats after it retested and respected the daily resistance 113.386, last week it retested and broke this weekly support 110.840 exposing Daily support 110.190 as our next target which was retested and respected on 17 Jan. Bears are still in charge of this wave. Let watch what the price...
Zoning with EURUSD daily, lemme walk you through: On the 17 Jan we saw it retesting a daily resistance 1.23231 and got rejected swiftly and started rallying down exposing a previous monthly resistance 1.20924 which is our next target. Lets fix eyes on this move and those who caught this drift on inception hold on chinaz. I wish you hustlers nothing but the best....
I just wanna see the play out on these fibo retracements. Never go against the price. Price is king.
USDZAR has made a retracement just between the 50 and 61.8 zone, I am holding my buy position.
I am watching this pair it broke the channel and retraced at 61.8 now I wanna see it can maintain this upward run or it will retest the trendline and bounce down again.
NZDUSD weekly, the price broken the long-term trendline signaling a down run but I am expecting a minor pullback to retest the trendline then boom we go bearish. Lets keep and eye on this pair and take it the right time. wishing everybody a happy trading.
NZDUSD weekly. The price has broken the long-term trendline indicating a downtrend but I am expecting to see a minor pullback to retest the trendline then boom we go down. Lets keep and eyes on this pair. Wishing you happy trading.
GBPUSD the price retraced around the 61.8 fibo therefore I am expecting to see and upward move. Going long.