Chartcoder

Chartcoder

Bearish Dark Cloud Cover formed at former support level (Act as resistance now) and trendline resistance. We waiting to sell at resistance level (2.0955) and set our target at 2.0435 (support level).

Chartcoder

As you can see from the image above, retest come after a market breaks a key horizontal level of support almost a month ago. The market now revisits the former support level after breaking it, we want to see it test that level as new resistance. The bearish shooting star which is formed at the new level of resistance is how we evaluate that test.

Chartcoder

Double Bearish Shooting Star formed at the channel resistance two days ago. Notice in the daily chart above, we have a market that is making lower highs and lower lows, this represents a descending equidistant channel. We looking for a chance to short the pair to trade with the direction of the equidistant channel. Once the sell is trigger, we would set our target...

Chartcoder

Bullish Engulfing formed at channel support. We remain bullish biased on this market and we see any pullbacks as potential buying opportunities.

Chartcoder

Bullish Hammer formed at support level.

Chartcoder

Bearish Shooting Star formed at channel resistance and former support level (Act as resistance now). We waiting to sell at resistance level (0.7257) and set our target at 0.6917 (support level).

Chartcoder

Bullish Engulfing formed at support level. We see the potential for price to move higher to hit our target at previous resistance level.

Chartcoder

Bearish Shooting Star formed at channel resistance. We remain bearish and to trade back down toward channel support levels.

Chartcoder

Bullish Hammer formed at dynamic support level (EMA 21)

Chartcoder

Bullish Hammer formed at dynamic support level (EMA 21)

Chartcoder

Bullish Engulfing formed at dynamic support level. (EMA 21)

Chartcoder

Bearish Shooting Star formed at former support level (Now act as resistance) and dynamic resistance (EMA 21). We like to sell this pairs to rejoin the current major downtrend. Our target set at around 125.25 as this is former resistance level at which we believe it may act as next support level.

Chartcoder

Bearish Shooting Star formed at resistance level.

Chartcoder

Bearish Shooting Star formed at former support level (Now act as resistance) and dynamic resistance (EMA 21). We like to sell this pairs to rejoin the major downtrend.

Chartcoder

Bearish Shooting Star formed at resistance level followed by a bearish black bar. We plan to sell around 0.8595 to rejoin the major downtrend for this pairs. We set our target at 0.8375 as this is previous support level.

Chartcoder

Bearish Shooting Star formed after market break below prior support near 131.54 followed by a quick reversal. We expert the price would retest the support level near 127.46. We set to sell above 130.145 as this level is former resistance level.

Chartcoder

Bearish shooting star formed at resistance level. We see the potential for more downside movement this week with the next support coming in down near 1.0325 area.

Chartcoder

Bearish shooting star formed after retesting former support as new resistance. We see the potential for more downside movement this week with the next support coming in down near 93.15 area.