waiting for a double top so as to short the pair, really looking forward to asian close.. Weekly candle should be closing as a bearish spinning top.
Hey beautiful people of trading view. Bullish sentiment is still held. Price closed bearish from last week price actions and showed strong buying power as price rejected the 133.123 price level which happens to the .50 fib level. price will be bullish this week as price will be going to retest broken trendline support now resistance at 138.232. until then its...
Since the break of old support to the upside the pair have been pushing upward with high momentum. the pair would be meeting old resistance and could be pushing downward to support on the new trendline General market sentiment is still bullish, but a swing high is imminent The resistance level was gotten from multiple confluences: from pivot point to fibonacci...
If you've been following this pair, you'll know price is about to retest the broken structure. potential heads and shoulder pattern, as price will fall to gather momentum at old support before continuing to the upside. 127pips tp if it plays out. Good luck🤞✌
Price recently broke from an uptrend structure and is expected to retest the region before continuing on its downward fall. Conservative traders could wait for price rejection from the region before going shorts on the pair or buy the retest. Good luck all🤞🏽
The pair made a massive push to the upside and it is expected for price to correct after any impulsive. it is expected for price to retrace to the monthly support trend line that was broken and then after, push back (LAW OF PRICE ACTION) for confluence, the pivot point of the previous day have been marked on the charts to show precise turning points of price...
Price did just as expected and has broken through monthly channel support line- (Red trend line) It’s trending upward and might have a correction after today’s impulsive move on the purple trendline. Or can keep pushing higher to fib level - 1.34053 before falling abruptly to the trendline. General sentiment is bullish 🚀🤞🏽
EURUSD: (SHORT) price have been on a rising channel. But bullish momentum has weakened and price is beginning to make lower highs. I marked the Fibonacci on the chart from previous swing high down to the swing low. To get my 61-50 level marked and my 50-38 marked too. Expectedly. Price got rejected from the 61-50 region. Pushed down to new lows and bounced...
This is not a financial advice or a reason for you to take random trades. use right risk management Gold recently broke from the triangle pattern to the upside and trended upwards making HHs and HLs until it broke from the new channel and retested it as resistance. price would most likely drop this week. We should be looking to go short this week. for further...