Evening Traders, Today’s analysis – ETHUSD- trading towards a key resistance level after a swing failure, a rejection is probable, Points to consider, - Price Action Impulsive - Daily S/R Resistance (.618 Fibonacci Confluence) - Low Volume ETHUSD’s immediate price action is trading towards a key level, being the Daily S/R that is in confluence with the...
Hello everyone: Similar outlook and analysis here on NZDJPY. We see the same price action played out over and over again. Recent double tops, price is moving up towards the area correctively and in a ascending channel structure as well. We confirmed that with a bearish impulsive move from the top, now naturally I would go look for continuations for the...