Waiting for scalp long on SMA200 and fib retracement 100 to 161.8. Watch out for USDJPY and US10Y movement that must negatively correlate to gold.
gold wait for h4 candle close in rejection of sma200 and fib ret 50%
Gold waiting for rejection candle on fib retracement 50% to go long.
We are waiting for bound at FR level around 101494 and TP at 110162
ZN! bullish. In correlation tothat along with H1 SMA200 broken by price above recently.
keep eye on fibonacci levels based on Support & Resistance lines for any breakout/pullback on lower timeframes.
Expecting to go to 28580 since not making any new lows on daily timeframe. Let's wait for buy confirmation on lower timeframes on morning in london and new york timezones.
We wait for a retrace to sell eurchf on lower timeframes.
By fib retrace & support and resistance line to continue downward trend.
If daily price unable to break nearest resistance, short to 28368 is assumed.
Plan your trade accordingly based on this zones/levels.
UJ not able to break lowest low of the month, will expect a buy on breakout for at least 40 to 90 pips.