the perfect zone for taking a long pos!
as you can see, we have a double tops below the top of the channel and resistance of red line near that area that could be reached there and the starts to fall beside that we obviously have a divergence on price and RSI! for the first step, i predict the price can fall to 40K-41K and for the second step continues to fall to 34K really appreciate if you share your...
based on my opinion the chart needs a confirmation sign for falling down like Shooting star and Bearish engulf for opening a Short! By the way, ireally appreciate if you help me to find my faults
double top in weekly Daily all signs for falling have been provided pulback to broken area has been completed
inverted head and shoulder has been completed, and the price is nicely approaching to one the most important support area rejected candle has been completed and RSI is under the divergence
we need to get ready for more confirmation signs for short and this approach is what i predict for! if the price reaches above the dynamic resistance and complete the breakout, we will wait for appropriate confirmations for sure long please feel free to text and share your ideas with me
USD is walking on the purple line that is clearly an important trend line for a bullish movement (from 28 APR 20111) i expect it to make a corrective move to level 0.38 Fibo Ret based on the major wave, if so, it will be matched to some levels between 0.618 and 0.78 Fibo Ret based on the minor wave i really appreciate if you share your ideas with me!
in daily chart we can see a bullish engulf on the important trendline and a short shadow below that means bullish are driving the price for an upward movement
as you can see, upward movement has been started after hunting our SL below the 1.3000 support line that was considered as a strong support line! (US election news) in the previous analysis and it is likely to make an inverted head and shoulder to continue its own way!
well! after finishing of strong excitement upward movement, the price could not to break the resistance 1.1900 and started to fall... as you can see, it is able to be seen the head and shoulder and after breaking the neckline, we can see pullback to the broken neckline and i predict more falling for this pair its struggling to keep 1.18000 support area
as you see, we are within Resistance area, all rejections are getting closed one by one! we can take a short pos, after recent candle in shooting star form!
just wait for getting to the purple line!
as you can see, we have a inverted head and shoulder and an impulse that is within a corrective move to the neckline! we can track it to the specified area for opening a long! purple line is an important support line that comes form march! the black line and green area all in an important zone for a long
After breaking the violet trendline, it's trying to reach that again and then fall to the second green line!
as you can see the price is below the 2 important resistance lines! Candles are getting closed for a bearish movement! before opening a short pos, please take care about news around USD and GBP
Based on my opinion, yesterday, all had been prepared for eurusd falling technically! but the thing that changed dxy (all pairs that usd is related to) direction rapidly was, increasing the number of Baidens Votes! bdy, on the chart below the redline we have many rejection candles, and we need to wait for situation of current candle tha is getting...