I think this pair might see a correction soon. Maybe the top we already have seen! I try to short, but it is risky, because the uptrend is still okay and this pair is very volatile!
Chance for lower prices is in my opinion pretty good. I would expect a correction. Be aware a new high is possible, too. I do not play with a tight SL!
This might be a bullish cypher pattern. So I am looking for long entries.
The current sharp low and the up-gap today might be a chance for a long entry.
No further analysis needed here. I just go short! This is no recommendation and you need to be careful, because of the political current news flow ...
Is that a realistic pattern? I think with a small position and a wide SL this might be a good chance.
In the chart you can find an amazing green candle. What can we do with this price (go long, go short?) Any ideas or feedback?
I think a correction is close. I am not sure, whether we see a top. It might be that we correct to a certain Fibo Level like 23.6 or 38.2. It does not matter for me, whether we see a pattern here or not. I just want a part of a move. I am also not sure whether we start the correction be next week, but it is my guess.
I would expect higher prices in silver.
NZDCAD might correct soon. We are in the are of 2 Fibonacci levels (78.6% & 161.8% projection)