


Adam_hazouri
The Price formed /Head&Shoulder/ Pattern. The right shoulder is smaller than the left shoulder, which gives the pattern strength and indicates the power of seller. The long-tailed pin bar indicates this too.
The price was in a consolidation area and broke up the upper resistance. I can see this consolidation area as an ascending triangle. I can see this trade for long term rather than short term. We can put three /take profit/ targets. On the weekly we can see the bigger picture.
The price couldn't make a higher high. When the price trued to go higher than the left shoulder, the seller take control and the price drooped to the support.
The price broke down the descending trend line, and the lower trend of the wedge. The price failed to made higher high since October which indicate the change to sell the pair.
The price was ranging. It broke down but reverse going back to the range. It couldn't reach the upper resistance and then the price dropped with two strong falling candles. So it is likely that the price break down the resistance and drop.
The price broke down the neckline of the Head&Shoulder pattern. The right shoulder is lower than the left shoulder which gives the pattern strength.
The price broke up the neckline of the Inverse Head&Shoulder. The right shoulder is higher that the left shoulder which give the pattern strength.
The price broke up the falling wedge and the upper resistance of the triangle.
The price broke down the ascending daily trend line and also a key support level. The price also bounced down the weekly Down Trend.
The price formed /Head&Shoulder/ Pattern. If the price break down the neckline and close the short trade will be active.
The Price formed the /Inverse Head&Shoulder/ pattern and broke out the neckline.
If the price close under the support level, the trade will be active.
The Price reached a weekly resistance, it broke out the /0.99550/ key level and closed.
The price hit the daily descending trend line. The price formed /Head&Shoulder/ pattern, it breaks out the neckline /112.476/ and now retesting it.
The Price reached the upper trend of the descending channel and reverse. It formed /Head&Shoulder/ pattern. The price breakout the neckline and close. The right shoulder is smaller than the left one, which means that the Sellers are in control now.
The Price breakout the upper trend of the descending channel and retested. if the price reverse and break the small trend line, I think the price will go down and retest the resistance area of /0.87281/.
The price reached the upper trend on the daily down sloping channel. It tried to break out and failed and reversed. On the hourly time frame the price breakout the symmetrical triangle.
The price brokeout the resistance and it is retesting it now. It also reaches the down sloping trend, so it is double resistance here.