Sell-buy
GOLD | XAUUSDI really apologize to you because the pervious technical analysis regarding gold was a bit flawed, I hope you use this idea well.
BTCUSDT - 2H - One high possibility, one smallHi guys :)
Like I said today, it will be between 43~46K ~
anyways,
UP & DOWN Possibilities,
The Trend is going down more than some people see it going (up)
The last candlestick which is really important because of the position where it is.
and it's a doji, which means a rejection from that direction.
there is high possibility that the direction will continue going (down), if the current candlestick finishes with high rejection from the sellers area which is (resistance area), now I see a good rejection, if it closes with a big rejection (long upper wick) and small candlestick, there is high possibility that it will continue going down.
If the current candlestick breaks that area and closes almost without any upper wicks, there is chance that it will continue going up. but that is a small chance.
Hope that helps you a little with your decision.
Good luck :)
GBPCHF: SELLDrawing a Fib off the Daily time frame we can clearly see that price is right at the 6.18 possible reversal line of the the Fib.
With that being said, we are seeing an opportunity for Bears to enter the market for GBPCHF and once price reaches the 61.8 golden ratio zone, we can expect Bears to take profit and leave room for Bulls to make their entry to take it up to our take profit (exit area) zone marked up on our analysis here.
Xau/Usd Fibo and Parellel Channel
Target one: buy 1893.00
Target two: sell 1600.00
Don't forget to look the economic calendar.
THANK YOU!
GOOD LUCK!
