As per Fib Retracement, price should reach fib's upper level
As per given trend, and current FIB Retracements it seems the pair will be bearish for correction. TP plans given. Choose your lot size and risk % wisely.
Strong bullish rally based on: RSI indicator following the trend, appearance of bullish hammer at bottom a series of higher highs and higher lows indicates Trend line retesting and its apparent significance. It may rally up to the fib resistance level of 23.6%.
Strong significance of Fibonacci retracement support level. Appearance of inverted hammer at bottom. Appearance of green candles after inverted hammer, Bearish Trend line broken. All this indicates bullish trend initiation. Awaiting dow theory validity for trading.
Possible trend reversal. Appearance of bullish hammer. Testing of Fibonacci retracement support and bounce back. However, further monitoring required for dow theory validity.
The upper channel seems to be gaining significance and is being tested at four points. The pair can be traded long as long as the lower trend does not break.
Appearance of textbook Piercing bottom candle and followed by higher high and higher low, this appears to be the start of a bullish trend
As per fib retracement, and AB=CD pattern, we can still expect a bullish ride for some time.
Appearance of bearish pennant, and breakout of lower trendline suggests a bearish trend. shortselling as per above plan is recommended.
Appearance of double top followed by bearish trend suggest a maximum price drop at 1.46425
Appearance of Bearish BAT pattern and formation of red candle at peak suggests trend reversal. however, the parallel channel is not broken yet, hence should wait for at least 2 days before short selling this stock in case the parallel channel breaks.
Formation of XABCD pattern, and AB=CD pattern, followed by green canldes after D-point, suggest a bullish trend. TP can be set at resistance level of 0.786 OF FIB retracement.
Appearance of piercing top candle at C-point, and using AB=CD pattern, this is safe to assume that the price will further fall, and should fall till D-point before trend is reversed. for now, short selling is recommended
As per descending parallel channel, with significance of trendline, short selling is recommended.
As per trend line, the significance of trend line suggests that short selling is recommended
As per 2 trendlines drawn here, the trend line appears to gain significance, and short selling is recommended.
Due to breaking of previous Higher Low, appearance of "Tweezer Top" candle at the peak. It is suggested that the trend will be bearish.
Appearance of Tweezer bottom candle suggests trend reversal.