-Price has being trending strongly. - High Probabilities to go long.
RETEST ON PREVIOUS RESISTANCE , NOW A NEW SUPPORT, TO CONTINUE THE UPTREND TO PREVIOUS HIGH 110.300
Waiting for break out of Ascending triangle .
Long bias for the Euro after an inverse head and shoulders formed in consolidation zone, rejection of 50 SMMA, and possible continuation of the bullish trend. ----- Constructive Critics are well received. *I appreciate your feedback. Thank you.
Multiple bullish divergences in Momentum and CCI indicators. Also, the rejection of the support $12.15 creating two pin bars in weekly TF supports my idea. ----- Constructive Critics are well received. *I appreciate your feedback. Thank you.
INTERESTING WEEKLY RESISTANCE BREAKOUT AFTER EARNINGS REPORT ON NOV 1 .
Multiple bearish divergences on CCI support the analysis. Also a possible double or triple top as a reversal pattern might be the signal of the bearish prediction. ------------------------------------------------- Constructive Critics are well received. *I appreciate your feedback. Thank you.
Bullish divergence. Downtrend line breakout.
After a trend line break out , it could be noticed how the Dollar has been getting stronger through the days. However, a retracement till 93.00 is not a bad idea , in order to start shaping an inverse head and shoulders, a reversal pattern. ----- Constructive Critics are well received. *I appreciate your feedback. Thank you.
After a clear Head and Shoulders breakout, the price is coming back to the previous support now converted in a resistance. The expectation is to push the price in order to find new Low Lows. ---------------- Constructive Critics are well received. *I appreciate your feedback. Thank you.