Look for oppertunities outside the range of local area and support zone.
Id like to see a move to the upside after the break of descending channel and retest of this structure.
Two possible outcomes. Wait for price rejection to the upside for a LONG opportunity. OR, Possible break of 0.382 support and retest - SHORT Opportunity.
Break of structure (Trendline) Possible Retest of Neck Line before further upward movement.
Previous Support turned resistance. Expect a push to the downside - SHORT!
Expect a retracement to the KEY LEVEL to complete the W Formation before continuation to the upside.
Price for EURNZD is currently sitting above the weekly trendline support. It seems like has broken out from this large descending channel pattern as well. Looking for more upside continuation!
Price has reach a major KEY LEVEL of support. We can expect a bounce towards the descending trend-line for further continuation to the downside. #tradingview #forex
Can expect more continuation to the downside as we break through a strong SUPPORT LEVEL. Entry on Retest of KEY LEVEL. #tradingview #forex
Possible Short & Long Position. Wait for retest of Resistance for Short to the Tread-line support. #tradingview #forex
- 4hr Short - Wait for retest of resistance level for confirmation of move to the downside #tradingview #forex
- Larger formation of symmetrical triangle. - Wait for break of structure.
- Global Trend - LONG! - Wait for break of structure and RETEST of KEY LEVEL - Possible Entry on Retest of 50 EMA #gold #XAU #tradingview
- BITCOIN Breakdown Analysis - Global Trend Up - BUY Previous Resistance turned SUPPORT! #tradingview #bitcoin