We are currently in a downtrend coming down to a possible support area. Lets see how price reacts in this area. Would wait for breakout and retest before making any trades
Interesting area to look at as this is an area of resistance. We are coming to this area with a lot of bullish momentum so will like to see how price reacts before taking any trades. Wait on the retest.
XAU has been consolidating for a few days in this pennant formation. We have been holding this support area but also noticeably we have been making lower highs. Wait for breakout and then retest before making a trade
Interesting area to look at as we are approaching resistance on multiple time frames. Will be looking for a short once we break market structure. We are still currently in an uptrend.
Watching AUD as we approach this resistance area. Looking for signs of weakness in the market structure before taking a short position to the 0.57 area . If it breaks through then next resistance is the 0.645 area.
Watching market structure as we approach this area of resistance. We are currently holding an uptrend but will be looking for a short if the trend shows signs of weakness
I believe this is a bearish retest as long as it stays below the 1650 resistance area and expect a retracement at least to the 1610 area. The last monthly candle also closed bearish .
We have double topped so far in the .8740s area after breaking out of a descending triangle. We have failed to pass 200 MA as well. Expecting a bullish retracement and will take a temporary short if we manage to keep .8750 as resistance and it will also need to break the current uptrend that it is holding. Wait for the retest before taking trade
We currently broke out of a descending trend. I believe we will retest previous support in the 1.099 area if we can hold this major support at 1.077 area
BCH did not hold 4300-4400 area as support. Once broken we retested the 3600-3700 area and retested the previously broken support in the 4400 area. We are now retesting the new support in the 3600-3700 area and if we hold this area then i expect bullish continuation. I recommend waiting on the breakout and retest once we break the downward trend
EOS falling quickly after not holding the 5100 area and failing to break resistance in the 5300 area. If we can hold the 4700 area as support then I do expect to retest the 5100 area
