XAUUSD"4 November:
Weekly chart (2):
We have the major fractals adjusted, with the monthly resistance now positioned at the previous highs at 1557, few points above the default projection for the cup and handle formation printed below, and the monthly support also adjusted at 1266, the handle.
Starting the week trying to recover the previous trendline resistance may not be a positive sign for the precious after printing new daily and weekly fractals as resistance at 1517.
The bearish crab pattern was printed last August at 1533, and only trading above the monthly fractal resistance will invalidate the pattern with default targets below, at 1391 - the 38% fib retracement."
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10 Nov:
Weekly chart (3):
Now threatening the weekly support positioned at 1459, we still waiting for the bearish crab pattern to trade the default targets projected at 1391 - the 38% fib retracement.
- Forexanalytix by André Cardoso
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https://www.tradingview.com/chart/EURUSD/ECb5Dl2T-Crab-Pattern-Engagement-Rules-Educational/
I am a financial market analyst based in Porto, Portugal. I provide market forecasts to a group of professional traders, playing a crucial role in assisting them in making well-informed decisions in the financial markets.
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I am a financial market analyst based in Porto, Portugal. I provide market forecasts to a group of professional traders, playing a crucial role in assisting them in making well-informed decisions in the financial markets.
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。