Based on TA and chart analysis, EC is shorting till bottom of pitchfork where there is heavy support. The trade is currently active and positions can be opened on lower timeframes for the best entry. I believe this will be a week long hold. Please share your thoughts ;)
Price has rejected support, MACD has crossed, in-line with the pitchfork confines. I'm expecting the price to increase towards the middle of the fork and possibly more. I've placed my orders. Lemme know what you think.
Just a small TA for this pair. The currency is slated to make a drop before resuming it's overall Bullish run. Whether it completes it trip down to the bottom of the fork, or touches the middle and pivots, is up to god. Bless this trade. I will be holding for the week until TA says otherwise.
Based on pitchfork, fibb and RSI, I believe USDJPY is about to short. What do you think about this idea? Please share any criticism :)
According to Fibb levels and pitchfork, there is a drop happening, 1790 is my first target area. God bless this trade
Hit fibb level 0.618, I'm expecting a retracing back up. Buy now and be patient. USD is too strong for it to dip down to covid levels again.
Short on the intraday. After a successful long from bottom support, the price has arrived at the local resistance. MACD has crossed on the 1H and I'm expecting a small short before we proceed with the long. My goal is 85.900, SL is tight at 86.900. Lemme know what you think.
Price has reached top of pitchfork and failed to break through, based on MACD and respected support/resistance zones, I expect the price to drop to either the middle of the fork and lower. Lemme know what you think.
On the 4h, the price has touched the support and the MACD has crossed, it is ready to break out. I'm seeing an intraday here and have entered. TP at the Middle of Pitchfork. What do you think?
Two directions Gold may proceed. Waiting for price confirmation next week to determine movement. So far it's been respecting the support/resistance levels so we may see a fall to support and then some for Intraday (Mon/Tues). This is just an idea and I don't take responsibility for any trades. Please lemme know if you have any suggestions for improvements etc.