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Technical Analysis
Fibonacci levels for intraday trading
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[QUOTE="Hi3rophante, post: 190686, member: 70281"] Hello everyone, Here are the levels for today 28/01/2021 GBPUSD Possible intraday trend : DOWN With that in mind, I will take BUY orders at these levels : N1: 1.3650 N2: 1.3626 N3: 1.3610 See green arrows in the following graph : [IMG]https://i.ibb.co/9Tq4H3Q/gbpusd28012021.png[/IMG] ****** AUDUSD Possible intraday trend : DOWN With that in mind, I will take BUY orders at these levels : N1: 0.7622 N2: 0.7597 N3: 0.7563 See green arrows in the following graph : [IMG]https://i.ibb.co/hYjFMhx/audusd28012021.png[/IMG] ****** USDCAD Possible intraday trend : UP With that in mind, I will take SELL orders at these levels : N1: 1.2850 N2: 1.2891 N3: 1.2937 See red arrows in the following graph : [IMG]https://i.ibb.co/Qr9NqnN/usdcad28012021.png[/IMG] ****** USDCHF Possible intraday trend : UP With that in mind, I will take SELL orders at these levels : N1: 0.8909 N2: 0.8925 N3: 0.8944 See red arrows in the following graph : [IMG]https://i.ibb.co/M6PFkhx/usdchf28012021.png[/IMG] Note that I still have my EURUSD and USDJPY positions from yesterday. If the price touches my 0 fibo level, I say that market is making a reversal and I need to update the fibo levels in the opposite side. [/QUOTE]
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