CompatibleTradingSystem

CompatibleTradingSystem

Based on the chart, the lost support at 1.7180 is retaken and if it makes a daily close above this level, 1.7460 would be on the radar for the bulls. Let's See!

CompatibleTradingSystem Updated 

Dear traders, the price has bounced on a very important support @ 1850$. A bullish butterfly is forming. The market is oversold either. These could push the pair higher. Let's see. Thanks.

CompatibleTradingSystem Updated 

Everything on the chart. Thanks

CompatibleTradingSystem

Dear traders, the main trend is bullish, however some signs of trend exhaustion is forming. This could cause a pullback towards the previously broken trend line right above the WP. Let's See!

CompatibleTradingSystem

Dear traders, the overall trend in the pair is bullish. However, for two reasons a pullback is very probable. 1- Bulls Exhaustion, 2- Double-Top pattern ahead of the rising trend line. The pullback target could be WP @ 422$. Let's See!

CompatibleTradingSystem Updated 

Dear traders, the pair has managed a very strong impulse to the upside. However, the bulls are running out of steam. Besides, a bearish AB=CD is forming. These could cause a pullback towards 0.6970. Thanks

CompatibleTradingSystem Updated 

As it could be seen, 0.2300$ has proven to be a strong support. The highs are following a rising trend line with a mild slope. The price is just above its WP coincident with 50% retrace of the latest rise. Therefore you may buy @ 0.2500$ for TP around 0.2700$. Thanks

CompatibleTradingSystem

Dear trader, the pair has reacted to the rising trend line and a bearish AB=CD is forming as well. This could mean a pullback towards WP @1.3060. Let's See!

CompatibleTradingSystem

Dear traders, the overall trend of the pair is still bullish. However, the bulls seem to be running out of steam and a pullback towards WP@0.7170 is on the cards. Let's see!

CompatibleTradingSystem

Dear traders, 1.6130 has proven to be a very solid support and the pair has bounced above this level many times. A bullish butterfly bolsters our idea. Therefore, buy for WP@ 1.6405!

CompatibleTradingSystem Updated 

Everything on the chart. Thanks

CompatibleTradingSystem Updated 

Everything on the chart. Thanks

CompatibleTradingSystem Updated 

The pair penetrated our PRZ zone yesterday but it shows some signs of pull back above DP. By the retake of PRZ, the price may rise appreciably. BUY @ 1.6320, SL=1.6200, TP=1.6500

CompatibleTradingSystem Updated 

BUY @ 1.7500, SL=1.7400, TP=1.7620

CompatibleTradingSystem

As I reported before, the trend line is broken and retested as well. Now, the price stands above DP and WP. This implies a potential for a good rise. So: BUY @ 0.9040, SL=0.8980, TP=0.9100

CompatibleTradingSystem

As you may see, the price is at a strong resistance. A bearish butterfly is forming and this could push the pair back to the previously broken trend line.

CompatibleTradingSystem

A rising trend line and a very critical important psychological level, i.e., 0.9000, may hold the bulls alive. Let's see!

CompatibleTradingSystem

The pair is just within the supportive zone right above 1.3000 acting as psychological level. Let's see if the price is able to bounce here.