though there has been a sharp increase, could this be short-lived and result in a long period of shorting?
could we expect a continuation of long into a resistance area? resistance area will be a big to tell whether there is a continual up trend or it will drop below resistance again and below trend line
Today marks the second day a bullish market. Could we see a small push downwards over the next couple hours
Although prices have been increasing in pre London open. London open has shown great decrease however how far will this downtrend last?
Over the previous couple of days, there seems to have been a retraction of pricing. We could look to see that EUR will continue to grow stronger and USD to grow weaker and thus make its way to the nearest lower line for resistance.
Piling on to the downtrend looking to see the price to go up a little but show a continual downtrend
As the day is almost over, there seems to be an increase in price. Could this be shadowing a further trend to previous highs?
Seems there is some lower highs and lower low points could this suggest a downwards trend
As price hits the upper channel I look to see a downwards trend