tomislav.miksa
So gold hit .618 retracement and did not break it easily. OANDA:XAUUSD After death cross, so still bearish, lets see how it goes. It obviously needs some space to (if) go lower... Or potentially reverse. Anyway, waiting... Until uncertainty resolves... And keeping fingers crossed for a bullish bat a bit lower, what would mean one more trade short and then...
On a daily chart there is still bullish momentum but looks like trend might end soon... On H4 Charts is OANDA:EURUSD bullish head and shoulders, and nearing resistance. If resistance broken long entry...
But be aware there is really a lot of potential mines ahead... Bullish harmonics waiting as well few resistance zones. So expect consolidations and then breakdown... Of course trading reactivelly, not trying to predict future ;-) I might be very wrong! FX:USDCHF
So we have: - harmonic Shark - AB = CD 2x - 61.8 retracement zone I would bet short, but of course this is just my opinion, please do not take it seriouslly
I would be very very careful with longs as chart might tell us otherwise... Personally do not sell any of them, rather wait long opportunities when it pullbacks... Anyway just a thought, please do not listen to me... OANDA:XAGUSD
IF UP, BAT ON H1 on 1.10... THERE IS ALSO ON H4 - D GARTLEY DOWN on appx. 1.129 Staying bearish, more retracement more pips ;- OANDA:EURUSD )
For long of course Round number + Fibo Level + ZHistorical resistance/support On my watchlist...
So what I see on the map is AB = CD + fibo 61.8 retracement... Potential reversal down and waiting shorter TF to lead me... FX_IDC:EUXJPY
Looks to me like a good zone to buy... Monitoring lower TF-s...
To myself looks like potential Cypher plus convergence with multiple support resistances. Waiting to see market response on lower TF...