Price forming a falling wedge in a strong uptrend and drops to a significant support level where we expect strong bullish pressure to push price back up which is also in line with the 78.6 fib level..
Break and retest of downtrend , inverse head and shoulder in confluence of 61.8 fibonacci retracement ... More upside continuation
Break and Retest of inner Trendline in confluence of Resistance and Fibonacci Levels....
Price in an overall uptrend and bouncing inside the upward channel. Hoping for price to retest that area of daily support presenting us with a nice long opportunity with a good RR ratio too. I'll be looking to go long once i see rejection at that level indicating buyers are stepping in.
Price successfully came back to retest previous daily resistance now turning support presenting us with a nice long opportunity and also giving us a third touch of the trend line.
Price is in an overall uptrend, which broke a resistance level and then came back for a retest of that level which could potentially turn support, giving us a nice long opportunity with a good RR Ratio too.
Price currently came back to test previous resistance which could turn to potential support for a move to the upside to retest that 1.20000 level. Also note the wick rejections indicating buyers are gradually stepping into the market.
So price has been on an overall uptrend for sometime now, and is currently approaching a weekly resistance level which could see price head back down. On the daily, we've made an impulsive move and currently expecting price to give us the corrective move to the downside to complete the impulsive-corrective move pattern. Also on the H4 we could see price head back...
Price broke this counter trend line on H4 and currently came back for a retest which could present an opportunity for a continuation move to the upside and to test the above resistance level