I believe the price would be rejected and it could be possible to see it falling for a day
As seen on the DAILY chart the price got rejected and the inverted HEAD and SHOULDER pattern is formed let's see if it goes up for this week.
Support and Resistance, I believe that even a small resistance and support play an important role in the analysis. What do you think?
As the price got rejected around the resistance zone possible buy trade!! . . . BTW I made a lot of good trades trading between these two-zones :)
Daily chart A clear wave 5 of Elliott wave. Let me what do you think!!
As seen the price rejected the resistance and the trendline we could expect a short trade.
Downtrend seen on EUR/USD and the price is near resistance. A nice short trade setup.
As shown in the chart the pin bar rejection took place two times. We see the same rejection for the third time as well. Let's see what happens I am on the short side. What do you think?
Gold is oscillating between the two trendlines as it crossed the middle one we saw some buy and then it touched the top trend line lets see if the sellers come in the picture and bring it back to the 1670 level. I am on the short side for this week.