London Session
Long Analysis
TrendLine Tail Right
- Possible Crossover
- Possible breakthrough trendline to downside
Resistance at 0.91335
Support Line at 0.90171
3 Key Levels Identified, highlighted Red Rectangles; Past Activity in those areas
Moving Average
- Price currently Hovering over EMA, displaying continuous crossovers; currently consolidating
Blue Rectangle Highlight current consolidation
- If Price Breaks out to the bottom of the rectangle and establishes new Lower Lows, there may be a possible push to 0.382 (0.90805) on Fibonacci.
Possible Retracement between 0.382 (0.90805) and 0 (0.91111)
If Price Continues to upside we are looking for New Higher Highs with price continuing to
first level of extension on Fibonacci -0.27 (0.91327)
Second level of extension on Fibonacci -0.618 (0.91605
Take Profit 1 : 0.91327
Take Profit 2 : 0.91605
Stop Loss : 0.90853
Long Analysis
TrendLine Tail Right
- Possible Crossover
- Possible breakthrough trendline to downside
Resistance at 0.91335
Support Line at 0.90171
3 Key Levels Identified, highlighted Red Rectangles; Past Activity in those areas
Moving Average
- Price currently Hovering over EMA, displaying continuous crossovers; currently consolidating
Blue Rectangle Highlight current consolidation
- If Price Breaks out to the bottom of the rectangle and establishes new Lower Lows, there may be a possible push to 0.382 (0.90805) on Fibonacci.
Possible Retracement between 0.382 (0.90805) and 0 (0.91111)
If Price Continues to upside we are looking for New Higher Highs with price continuing to
first level of extension on Fibonacci -0.27 (0.91327)
Second level of extension on Fibonacci -0.618 (0.91605
Take Profit 1 : 0.91327
Take Profit 2 : 0.91605
Stop Loss : 0.90853
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.