CompatibleTradingSystem

CompatibleTradingSystem Sep 10, 2020

Based on the chart, after the last weekend sharp fall, the trend line was broken. A timely recovery is on the way and the price is now undecided under the previously broken trend line. We are monitoring this area very precisely. Another fall is not ruled out, unless the price retakes the broken line decisively.

CompatibleTradingSystem Updated  Sep 10, 2020

According to the H1 chart, the trend line is broken and the pair now looks to rise till the longer term broken trend line around 380$. After that, the pair would decide to make or break.

CompatibleTradingSystem Updated  Sep 10, 2020

According to the chart, the pair should decide to bounce or fall. Watch here carefully.

CompatibleTradingSystem Updated  Sep 10, 2020

According to our previous analysis, the pair is back to the falling channel. This implies a decline.

CompatibleTradingSystem Sep 10, 2020

Based on the charts, a short term rise is coming. After that, we look for a bigger rise.

CompatibleTradingSystem Sep 9, 2020

According to the charts, the pair is backing to the broken channel. Therefore the previous break could be a false one and the pair could rise. Monitor it carefully.

CompatibleTradingSystem Sep 9, 2020

According to the H4 chart, 9850$ looks as a strong support to hold the price. Three times rejection of the price over this area implies a coming rise. Breaking above the trend line would accelerate the rise. A fall below 9800$ nullify this idea.

CompatibleTradingSystem Sep 9, 2020

According to the charts, it might be a pullback here. Just monitor the price action.

CompatibleTradingSystem Sep 9, 2020

According to the daily chart, the pair is at a zone which could force the pair for correction.

CompatibleTradingSystem Sep 9, 2020

According to the chart, the bears look to be out of steam over the concrete support 0f 0.2300. This implies a pullback to the upside. A break of the trend line accelerates the rise. A tight stop loss should be considered below 0.2300. Thanks

CompatibleTradingSystem Sep 9, 2020

According to the charts, a small pullback is not ruled out. Use a tight stop loss on any probable break of the channel to the downside.

CompatibleTradingSystem Sep 9, 2020

According to the chart, the pair is at a critical level. Is it a pullback or breakout? Wait!

CompatibleTradingSystem Sep 8, 2020

As it could be seen, a very important falling channel is broken to the upside. After some consolidation the pair should rise appreciably. If you enjoyed our analysis, please support us with your kind likes. Thanks

CompatibleTradingSystem Sep 8, 2020

According to the chart, a very important rising channel is about to be broken, and therefore, a change in trend is happening. Once the breakout is confirmed, sell the pair. If this was an interesting analysis for you, please support us with your kind likes. Thanks

CompatibleTradingSystem Sep 7, 2020

According to our previous analysis the conditions are forcing the pair to decline. If this idea was useful for you please support us with your comments and likes. Thanks.

CompatibleTradingSystem Sep 7, 2020

As it could be seen, the pair has failed twice ahead of the psychological level 0.7000. This implies the tendency of the pair to decline. If this idea was useful for you please support us with your comments and likes. Thanks.

CompatibleTradingSystem Sep 7, 2020

According to the chart, after a breakout of the trend line, the price has retouched the line. This implies a readiness for an up move. If this idea was useful for you please support us with your comments and likes. Thanks.

CompatibleTradingSystem Sep 7, 2020

According to our latest analysis, the broken trend line is re-touched by the price. This implies the conditions of decline. If this idea was useful for you, please support us with your comments and likes. Thanks