HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS WEEK ON THE EUR/GBP . * looking for trend continuation on this pair. Here is where we started with this one. - while significant moves with the bulls may change the plan, looking for a break below of structure on this on &...
Since October of last year, the price has been moving in an uptrend formed between two rather strong lines - also in October 2020. Despite small false breakouts of both lines, the price continued to rise. During the growth, it was even able to break through the support level of 140.87. Then the price used the support of the level and was able to break through the...
Hello friends! Spend your day positive and light. Build up your strength for the next work week. As we can see from the previous idea, the price bounced off the support line and went up. The support line could not let the price go down. In today's idea, the main role is played by the resistance line, which begins in November 2020, and the support zone. On...
Hello my dear friend! ✌🏼 I wish you patience and good luck. These are important qualities for good trading! As we can see, the price is on the same lines on which it was. Let me remind you that the main role in this idea is played by the support line of the resistance, which originate in November 2020. At the moment, the price is on the upper support line, but...
As we can see, the price got a good push from the strong support line that started in 2017. This means that the price will keep moving up for some time. Let me remind you that the price is now between the support and resistance lines. Who control the price from the moment it rises. This is from October 21st. Now the price is heading up towards the resistance...
On October 15, the price made a small breakdown of a very strong resistance line. The last time she made such a breakdown was several years ago. Therefore, now I think that the price will not return to this line but will fall. This is confirmed my past prediction. Now the price is in a descending channel and has already broken through its lower border - the...
well let me explain a bit. the d should touch the 0.786 extension thats what it has done. the yellow box is where it can range. the small red arrow is marked for it only/ the red big arrow is the tp for sell. for cypher pattern the sell or the buy should be 0.382 fibo level which ive marked. lets see now what it does. please like and share thanks
DOUBLE TOP FORMED TREND LINE BROKEN BULLISH HARAMI FORMED, WE COULD LOOK FOR BULLISH MOMENTUM UP TO THE 38>20% MARK ON FIB WAIT FOR THE CURRENT MARKET TO RE TEST SUPPORT LEVEL TAKE TRADE IF TREND HAS SHOWN A REJECTION OFF SUPPORT LEVEL PUT TP AT -27 LEVEL ON FIB
Overall On week 4 USD was the weakest pair for ALL TF. DXY shows signs of bearsih. Therefore I expect short for w5-6 of DXY Weekly Downtrend from 2019. Daily 4H Below SR levels = short.
AU is at a resistance zone looking for a break for the minor support ( grey box) to enter short