GBPUSD update Reversal => new current intraday trend likely : UP N1: 1.3965 N2: 1.3981 N3: 1.4005 See arrow on the following chart :
USDCAD update Reversal => new current intraday trend likely : DOWN N1: 1.2622 N2: 1.2609 N3: 1.2587 See arrow on the following chart :
Good morning everyone, Here are the Fibonacci retracements that I'm watching for today : EURUSD Current intraday trend likely : DOWN N1: 1.2043 N2: 1.2029 N3: 1.2006 See arrow on the following chart : ******** GBPUSD Current intraday trend likely : UP N1: 1.3953 N2: 1.3973 N3: 1.4006 See arrow on the following chart : ******** AUDUSD Current intraday trend likely : UP N1: 0.7783 N2: 0.7802 N3: 0.7833 See arrow on the following chart : ******** USDCAD Current intraday trend likely : UP N1: 1.2674 N2: 1.2690 N3: 1.2716 See arrow on the following chart :
USDCAD update Reversal => new current intraday trend likely : DOWN N1: 1.2649 N2: 1.2633 N3: 1.2607 See arrow on the following chart :
Hello everyone, Here are the Fibonacci levels I'm watching for today : EURUSD Current intraday trend likely : DOWN N1: 1.1891 N2: 1.1869 Voir flèches sur le graphique suivant : ******** GBPUSD Current intraday trend likely : DOWN N1: 1.3800 N2: 1.3759 N3: 1.3691 See arrow on the following chart : ******** GBPAUD Current intraday trend likely : DOWN N1: 1.7913 N2: 1.7870 N3: 1.7800 See arrow on the following chart : ******** USDCAD Current intraday trend likely : UP N1: 1.2674 N2: 1.2707 N3: 1.2752 See arrow on the following chart :
Hi everyone, Here the Fibonacci retracements I'm watching for today : EURUSD Current intraday trend likely : UP N1: 1.1936 N2: 1.1950 N3: 1.1968 See arrow on the following chart : ********* GBPUSD Current intraday trend likely : UP N1: 1.3935 N2: 1.3945 N3: 1.3963 See arrow on the following chart : ********* GBPAUD Current intraday trend likely : DOWN N1: 1.7970 N2: 1.7938 N3: 1.7885 See arrow on the following chart : ********* GBPJPY Current intraday trend likely : UP N1: 151.29 N2: 151.59 N3: 151.98 See arrow on the following chart :
Hello everyone, Here are some of the Fibonacci retracements I'm watching for today : EURUSD Current intraday trend likely : DOWN N1: 1.1943 N2: 1.1929 N3: 1.1905 See attached chart : ****** USDCAD Current intraday trend likely : DOWN N1: 1.2485 N2: 1.2504 N3: 1.2534 See attached chart :
Fibonacci retracement can work better if you are trading Intraday and use the lower levels of say future contracts. Even if say the trade does not work out, then you have a better stop placement than the higher levels.
EURUSD It has already gone down last Friday, about 1.5 hours before the European session opened. You would have earned 45 pips from this downtrend. In fact, it was a straightforward trade as it went down together with GBP, AUD and gold. Did your fibo thing detect this signal? If not, then something is faulty with the fibo thing. so will it go down again? It might. But I'd say chances are < 50%. A good signal doesn't come every day. missing good signals is one of the biggest problems traders face.