After check Higher Time Frame (DAILY and 4H) chart, in 15m we can see a correction that now price being ready to have a SHARP falling AFTER TRENDLINE BREAK ! LET SEE!!!
GOLD HAS A SHORT STRUCTURE IN 1h TIME FRAME. 4h time frame shown a bearish structure too
NZDCHF 4H Supporting zone of Bullish flag In Higher Time Frame we can see a breakout from a Descending channel.
After reaching the weekly resistance and forming a reverse head and shoulder pattern, the price is expected to correct according to Fibonacci levels.
Continue movement in the descending channel...
I am waiting for the price correction to be completed and then ready to sell !
I am waiting for the price assignment with the resistance of the descending channel.
After a terrible crisis, risk-averse investors gradually withdrew their capital from gold, and now the price has returned to its former channel. The price is expected to move towards the bottom of the channel.
As we can see, 2 years bearish channel broken, then a pullback was happened. so we expect the make a new strong bullish movement after a time correction for one month according Lower Time Frame chart.
Hi We are waiting for head and shoulder pattern happen
After a bullish rally, CHFJPY needs a correction and retst
Considering the uptrend line and divergence in the last moves, we can expect an ascent
As you can see, the price has broke out from channel. let see what's happen