Price looks like its forming another head and shoulder on the daily. Price currently formed a pin bar on the 4h at the retest of the 4h uptrend ,add more positions. NB; ONLY PRICE ACTION ANALYSIS
Price broke a down channel ,but now it looks like it has formed a double top which signifies a short. If price goes back in the channel zone we look to go short.price is currently sitting at that channel.But if price shows signs of rejection at the trendline,we can reinstate long position. so keep your eyes open. PRICE ACTION ONLY
Fundamentals forced price down twice at the 61.8 level and hit most of our SL from previous shared analysis,we have reinstated buys and if price breaks 1.3339 we can add more buys. PRICE ACTION ONLY
Wait for the break of the neckline ,you can sell at the break or wait for the pullback. REMEMBER MY ANALYSIS ARE PURELY PRICE ACTION AND IM NOT A CERTIFIED TRADER,EVERYTHING I POST PURELY MY OPINION OF WHAT I THINK PRICE WILL DO.
POSSIBLE CROWN BEING FORMED,WAIT FOR PRICE TO COME TO THE MARKED OUT ZONES AND LOOK FOR CANDLESTICK PATTERN TO GO LONG. NB PRICE ACTION ONLY
SWEET SHORT .LETS SEE HOW THIS ONE PLAYS ONE OUT PRICE ACTION ONLY.
Price broke out of the horizontal channel ,came back to complete the retest and we are looking to go long. stop loss and take profit targets are set. NB; MY ANALYSIS IS TECHNICAL BASED ONLY
Price formed an inverse head and shoulder pattern broke the neckline and came to make a retest . price currently looks like its forming a double bottom. we are waiting for a bullish rejection,a pin bar, bullish engulfing candlestick to go long. practice patience. NB; MY ANALYSIS IS STRICKLY PRICE ACTION.
Price is doing a retest of the broken neckline of the daily inclined head and shoulder. price reached a majojor resistance zone and we are anticipating a short. Use the 1 to look for for sell signals(PIN BAR/ BEARISH ENGULFING CANDLE) will indicate a rejection of the zone. NB; PRICE ACTION ANALYSIS ONLY.