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Fibonacci Projections 8 replies

Attachments: The Fibonacci channel projections (FCP)
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The Fibonacci channel projections (FCP)

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There is Order in Randomness
Anyone trading Gold right now OR has a good setup? Can you check if this is right? Ty

XAUUSD - 15 Minute
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wait for price up retest fibo100 and volume high
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Quoting GPipz
Anyone trading Gold right now OR has a good setup? Can you check if this is right? Ty XAUUSD - 15 Minute {image}
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There is Order in Randomness
price breakout 0.750 and retest,and volumes is high,so i open positions,am i right?
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Quoting 274275025
price breakout 0.750 and retest,and volumes is high,so i open positions,am i right? {image}
You are a little late, bro, but you can try...
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Quoting 274275025
price breakout 0.750 and retest,and volumes is high,so i open positions,am i right? {image}
although there was a pin bar, i guess the resistance zone will hold.
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There is Order in Randomness
Quoting 274275025
price breakout 0.750 and retest,and volumes is high,so i open positions,am i right? {image}
Looks good. You could enter a little earlier, cause of bearish engulfing PA. Now I'd better wait & see how price retraces & catch hidden divergence.
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Quoting Seysin32
{quote} {image}
Not bad.
TP2 reached. Part of position is closed, for the rest part SL=BE. Lets see...
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Quoting Seysin32
{quote} Not bad. TP2 reached. Part of position is closed, for the rest part SL=BE. Lets see... {image}
You didn't place the maximum peak on the on the mid line of the channel. Instead used previous as Point 3. Is this because divergence is inside the channel?
Quoting GPipz
{quote} You didn't place the maximum peak on the on the mid line of the channel. Instead used previous as Point 3. Is this because divergence is inside the channel?
channel was drawn based on h1. point 3 from point 2.
There is Order in Randomness
Quoting GPipz
{quote} You didn't place the maximum peak on the on the mid line of the channel. Instead used previous as Point 3. Is this because divergence is inside the channel?
I deliberately placed a mini-chart H1 in the corner of the chart m15, so that you can see the construction of the channel.

Quoting Inthebox
{quote} channel was drawn based on h1. point 3 from point 2.
Thank you friend, that's right.
Thanks guys. I really appreciate it. I wanted to follow and be confident with this strategy.
GBPUSD H1
Missed first wave but catched second
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Hit TP2 perfectly.
https://www.tradingview.com/x/brDkg1I8/
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Quoting JiveTrader
Hit TP2 perfectly. {image} {image}
I think channel was built a little bit incorrectly. Also there was uptrend continuation divergence, but fortunately downtrend continuation divergences appears on M15.
Be careful
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There is Order in Randomness
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