Price broke thought my weekly resistance making support. It looks to be retesting and is being rejected by the 61.8% fib Expecting price to go up to my monthly level. Upper break of the falling wedge on the 1H time frame is a good entry point to go long.
Price broke thought the blue level and looks to be possibly retesting. Fibs are also around that zone indicating a potential turning point for the price to enter at. Targets would be at the lower 78.6 and 61.8 fib levels.
2H trendline broke and now retesting, expecting further downside movememnt.
Price rejected breaking the red TL multiple times, next time it breaks, indicates a good short trade
Overall trend is bullish, price has pulled back and now is expected to go up making new hight breaking the upper TL
Waiting for daily candle to close above TL and price to retest to enter long.
Price is in channel expecting price to touch trendline once more upper break may equal in further upper movement bounce will indicate downward movement to the other TL.
Price might be forming a double bottom neat the weekly level. break of the neckline will be a good indicator to go long also, this upward move might be a retest of the red trendline which formed a wedge on the weekly time frame.
Price might be forming a double top at the important level. Waiting for break of the red neckline is a good idea.