Hi Traders, we have a potential swing short set-up to consider this week. Today, we’re diving into a detailed GBP/JPY pair analysis, focusing on recent breakout and retracement setups observed from May to June 2024. This guide will break down the key technical levels, including support and resistance zones, and highlight potential trading strategies using […]
Category Archives: Bearish Fibonacci Retracements
Bearish Fibonacci retracement means that the price has retraced from a bearish move upwards into one of the Fibonacci levels (e.g. 50%, 61.8, 75%) zones.
Bearish Fibonacci Retracements, Blog, Gold
Gold Trading Analysis 27th May 2024: Gold Bearish Breakout Strategy with a 1:2.24 Risk-to-Reward Ratio
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Hey there, fellow traders! 🌟 At ZetaFXX, we’re always on the lookout for promising trade setups, and today, we’ve got an exciting opportunity with GOLD on the horizon. If you’re as passionate about trading as we are, you’ll know that the market is full of opportunities just waiting to be seized. Let’s dive into this […]