CompatibleTradingSystem

CompatibleTradingSystem Updated  Oct 20, 2020

Ass it could be seen, the pair is on the broken trend line acting as a resistance. Besides, the pair is on its MP and a bearish butterfly is forming. This implies a pullback is possible here towards WP. Thanks

CompatibleTradingSystem Oct 20, 2020

Again a bearish butterfly is forming (not confirmed yet). This could mean a correction lower is under construction. Let's see.

CompatibleTradingSystem Updated  Oct 20, 2020

A bullish setup is forming to target WP @ 1.5554!

CompatibleTradingSystem Oct 20, 2020

As it could be seen, a bullish butterfly is formed and imposes the index to move towards the upper line of the falling channel around 3480. Let's see.

CompatibleTradingSystem Updated  Oct 19, 2020

Dear traders, as you may notice, a bullish butterfly is forming in H4. Besides, a big AB=CD pattern is forming on the daily chart. The overall trend is bearish but a big move upward could be on the cards as the pair goes over DP and then targeting its WP. Let's see!

CompatibleTradingSystem Oct 19, 2020

As it could be seen, a big bearish butterfly is formed and a smaller one is forming too. If this is confirmed, the bulls are out for a while. Thanks

CompatibleTradingSystem Oct 16, 2020

Dear traders, as it could be seen, a bullish butterfly has formed and the price has made a probable double bottom pattern either. However, it needs to clear 75 as an important resistance to reach the MP@76. This is valid as long as the pair stays above 74. Let's see!

CompatibleTradingSystem Oct 15, 2020

Based on the chart, a big bullish butterfly is forming. If the price could stay above 1.0700, the pair may make a pullback towards WP@1.0766. Let's see.

CompatibleTradingSystem Oct 15, 2020

The pair is moving inside a rising channel. A bearish butterfly has formed and the price is well below the WP and DP. DP has slipped below WP too. These all indicate bearishness. Sell on the break of the channel. Thanks

CompatibleTradingSystem Oct 14, 2020

Earlier today we mentioned a harmonic pattern AB=CD as a bearish sign. Now a bearish butterfly is forming too. These all imply strong bearish signs. Thanks

CompatibleTradingSystem Updated  Oct 14, 2020

4 unsuccessful try for breaking below the daily trend line and a move of the price above all pivots indicate a bullish view towards 0.9150 first and then beyond! Thanks

CompatibleTradingSystem Oct 14, 2020

Based on the chart, the pair is nearing the top of the channel. A harmonic pattern of AB=CD is forming too. This implies a possibility for the pair to fall. Thanks

CompatibleTradingSystem Oct 14, 2020

According to the chart, the pair is on a minor rising trend line. This may cause some pullbacks below WP@0.7193. However, DP has slipped below WP and by the break of the trend line the price may fall towards 0.7090. Thanks

CompatibleTradingSystem Oct 14, 2020

DP is moved above WP. As the price goes above DP another rise will start. Thanks

CompatibleTradingSystem Oct 14, 2020

The pair is back to the falling channel. DP has slipped below the WP and MP. These all imply a certain bearish view. Thanks

CompatibleTradingSystem Oct 14, 2020

As it could be seen, a probable bearish setup is forming. Below the DP look for sell. Thanks.

CompatibleTradingSystem Oct 13, 2020

The pair is slightly below DP, WP and MP. If this continues, a fall is possible towards the trend line first and then towards 95. Thanks

CompatibleTradingSystem Oct 13, 2020

It seems a huge bearish butterfly is forming. This implies a possible fall towards WP@11100$. Thanks