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Gbp/Usd Chart: Wave B Retracement on the Pound? From thelfb-forex.com Cable has traded higher in the last two sessions, very close to the lower trend-line resistance of the triangle. Around this ...
In the example below, breakout traders can look for price to move through resistance at the 78.6% retracement. At this point entry orders can be set as XAUUSD begins to create new market highs.
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The chart is key to this analysis. As we point out in the video, every setback since the August Cattle Bull run started on 9/9/24 has held either a 23.6%, or 38.2% retracement. The dates of these ...
I’ve advised clients to lighten up on longs and position themselves to take advantage of a trade below $1700/ounce in the coming weeks. Understand that a 50% Fibonacci retracement puts prices of ...
Alternatively, the retracement is not over, and natural gas moves to below today’s low of 2.62. In addition to possible support around the Fibonacci retracement levels as seen on the chart, a ...
EUR/USD recent uptrend has pushed the currency pair up to 1.3175 since the multi-month low of 1.204 that printed in July. Technical analysis now implies a likely retracement that is regarded as a ...
Bitcoin retracement likely - BTC Price Prediction, Forecast, Chart AnalysisAbove: Hedera Bitcoin (BTCUSD) Bitcoin (BTCUSD) is ready for a mean reversion setup on its weekly chart. Within the ...
The shorter-term two-hour chart supports this possibility. It shows that NANO is attempting to find support at the 0.5 Fib retracement level. In addition, the RSI has generated bullish divergence.
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