Clear downtrend in place... Retracement completed... Now continuation of downtrend will happen and some strong levels be broken.
probable end of jesse cylinder upmove and beginning of downmove price can fall till 50$
1.Major uptrend 2.Retracement almost over Tp1--35 Tp2--60
a zigzag pattern is forming, gold may go upto 1800 if my prediction is right
confluence of fib retracement and extension levels suggest more than 1000points drop tomorrow
1000 PIPS LOOMING previous higher low broken a new high was formed which is lower than the previous high i.e. The new downtrend was clearly established short after a rally of 100 pips
1.Price is retracing in a downtrend 2.Trend line is nearby 3.Short if a reversal sign appears
1.Price in uptrend 2.Breakout of 61.8 level 3.Strong bullish momentum
1.Price is in an uptrend 2.Very strong bullish momentum 3.Not a clear reversal sign at resistance
I dont know why the price of an asset follows some random lines that we draw on chart. Most of the times it is respecting trendlines and mainly Fibonacci It is true that "Mathematics is the Alphabet in which Creator has written the universe" I'm a newbie trying to read and analyse charts... Trade with caution
Trendline broken, continuation of uptrend, Long trade target=1.72000
head and shoulders formed short trade tp=144.00 long from 144.00 for a target of 149
structure=Downwards Tendency=Downwards sl=70 pips tp=200+ pips
Tendency = Downwards Structure = Downwards tp-100 pips
Point B=more than 38.2% of XA Point C=1.414 of XA extension LONG to reach Point D=78.6% of XC(81.07) we can short upon completion of cypher pattern