smartstep78
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EURUSD-LOOKS BULLISH

FX:EURUSD   欧元/美元
157 7 4
EURUSD             BROKE THE DOWNTREND CHANNEL AND A RETEST OF THIS LINE AT 1.1675 MAY BE CHANCE TO GO LONG AGAIN!!!CURRENTLY SHORT AS TWO PATTERNS EMERGE ON EURO             . SUPPORT AT 1.1740 AND 1.1674
评论: 1.1714 strong supportfor euro. which may be tested again
Thank you. In such a case DXY should go up, and gold down. Could you please supply new chart for XAU/USD. Thank you in advance.
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IT IS CLEAR NOW HOW FAR DXY WILL RETRACE DEPENDING ON EURUSD. 1.1740 AND 1.1674 ARE THE LEVELS TO WATCH ON EURO AND OPPOSITE IS TRUE ON DXY, AS FAR GOLD IS CONCERNED I ALREADY POSTED CHART SHOWING TRIANGLE ON GOLD. ANY BREAK OF TRIANGLE WILL TAKE THE PRIZE TO THE BREAKOUT TRADE IN THAT DIRECTION
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fhsk2001 smartstep78
@smartstep78, Thank you. I saw the descending triangle of gold. It is written in internet that descending triangles usually as a rule brakes above, but in could happen opposite.
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EVERYTHING CAN CHANGE. SO WE CANT TAKE CHANCE. IT DEPENDS ON FUNDAMENTALS. I DONT LIKE FUNDAMENTALS. TRADE SAFE. WAIT FOR IT TO BREAK OR TRADE RANGE WITH TIGHT STOP LOSS
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fhsk2001 smartstep78
@smartstep78, Thank you.
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The green triangles look like bearish cypher. Hence, we should expect decline of EUR/USD and as consequence decline of gold price.
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YES IT IS BEARISH SHARK, SO CURRENTLY I AM SHORT. TP 1-1.1740 TP 1.1674
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