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On the weekly chart you can see a certain picture: - 200 MA Took all the hit and became a big support in this downtrend - The shape of the descending triangle almost perfectly played itself, not having worked just a couple of percent, since 200MA stopped the fall almost at the very end of the figure! - Weekly volumes are falling, which also gives a sign that the...
The price is holding at the resistance level. Looking for a strong move up for a long in the Euro!
This is just a mere opinion and not a recommendation to buy or sell
Hi there! Here is my first publication here in Tradingview. The reason to make this move is because, IMO of course there is no reason more than a little whale selling and causing this little flashcrash. The most logic movement now, is to buy this "dip". Flashcrashes never determine longterm trends. By the way, since the begioning of 2018, the price has decreased...
Waiting for price confirmation to determine whether we are going to go long or short. If price breaks out from this descending channel we will be looking for a retest and then go long alternatively if this channel holds we can expect to see a retest of the lower levels made earlier in the week.
this 15 minute chart analysis not for trade. its for education purpouse. i hope it will ve come down.
At this stage, the LTC performs its shape of an inverted head and shoulders well, after a repeated test of breaking resistance, rising to $ 47-49 for a more accurate forecast of price movements, join our team where we select 13 traders to build a company: 13cartel.com
Price has been in a downward trend for 2 years and is currently at the top of the descending channel we are looking for a retest to go short around the price of 0.90-0.91. Possible catalyst being the BOC Statement coming up this week. We will be keeping an eye closely to catch the next leg down on this downward play.
With recent moves it is heading towards the 3950 level once more before testing and breaking the 4135 resistance and then hopefully head towards the 4500 level. This will clearly start a new movement either up or down but just after the move has been completed.