Reza1359

Reza1359

Based on the chart I expect a short from this area

Reza1359

i think GU will gain some correction on H4 Due to the head and shoulder pattern created

Reza1359

The candle pattern and the Fibonacci level also a missing long point on the previous move indicates that we should be expecting a down trend

Reza1359

following a bearish trend break out a bullish move is sure to happen with a precious R/R

Reza1359

I think we are in a good risk to reward ration here

Reza1359

Bullish scenario, p;ease calculate the risk

Reza1359

Target 3.88

Reza1359

crystal clear

Reza1359

A perfect place for a Long position, confirmation on M15 would be a Must.

Reza1359

I think price will continue to drop

Reza1359

As you see, the price has broken the resistance line , a pullback to previous low and the trend is bullish is mostly probable

Reza1359

Price is at the bottom of an upward trend, an ideal place to open a long position

Reza1359

A pullback to 1.19500 is an ideal place to go long for 1.25 target

Reza1359

i think the head and shoulder pattern is consisted and a potential long is a great opportunity.

Reza1359

I updated my earlier analysis.

Reza1359

A diagonal triangle is an impulsive pattern, yet not an impulse, as it has one or two corrective characteristics. Diagonal triangles substitute for impulses at specific locations in the wave structure. They are the only five-wave structures in the direction of the main trend within which wave four almost always moves into the price territory of (i.e., overlaps)...

Reza1359

Hey guys, do not fall for the correction , sell on each correction

Reza1359

the best time to go short