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4h

EUR/GBP IN A SEDEWAYS AND ON 23.6 FIBONACCI EUR/GBP has been trading in a sideways manner since November 17th, between the 0.8380 and 0.8430 barriers on a 4-hours chart. However, bearing in mind the fundamentals and that the prevailing longer-term path has been to the downside, we would see more chances for the rate to exit the range to the downside rather than to the upside. An apparent dip below 0.8380 would confirm a forthcoming lower low and may see scope for declines towards the low of February 25th, 2020, at around 0.8335. If that level cannot stop the fall, we could experience extensions towards the 0.8294 zone, which prevented the rate from falling lower back on December 12th and 13th, 2019, as well as between February 13th and 18th, 2020. On the upside, the traders would like to see a break above the upper bound of the aforementioned range and 23.6 Fibo level before examining whether the bulls have gained the upper hand. This could result in advances towards the inside swing low of November 15th, at 0.8462 and 38.2 Fibo, the break of which could target the high of 50.0 Fibo level around 0.8483 or go higher to 61.8 level around 0.8513. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carry a high-risk level. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and such sites. Furthermore, one understands that the company carries zero influence over transactions, needs, and trading signals. Therefore, it cannot be held liable nor guarantee any profits or losses.
by legacyFXofficial
shibusdt/4hEveryone knows that wave analysis is very difficult and nothing is 100% in technical. This scenario is more stronger than before scenario that I published for SHIBA. According to symmetrical movement for waves we have another rise for SHIBA up to 0.00006776 (0.00004528 was the end of BC) if our harmonic pattern going to be happen (AB=CD) and then a mega drop beside the 0.00003485 and finally a mega rise with 210% profit (0.00010652). You can see my targets on the chart (the black ones is the end of CD and our greens are for bullish mega wave) 17 Nov'21 and 23 Nov'21 are important dates (top and bottom)
by SadeQ_Qiassi
4H Analysis on GoldHello traders. This 4H analysis on Gold shows us a trendline which has been respected multiple times. Based on technical analysis, if the trendline is respected once again, price is likely to retest the resistance level between 1778.55 & 1782.90. If this resistance level is respected, we may also see price falling to the support level between 1742 & 1753.18. If the trendline is not respected, price may just simply fall to the support level between 1778.55 & 1782.90, and if the resistance level is not respected, price may retest the previous high on the 4H TF at 1800.
GShort
by javonjrb
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