Morning Traders! Yesterday we saw how the price broke a support level (1,7222). Price has retested the broken zone forming a double top formation. Price is now breaking the bullish trend line to the downside. Wait for RSI to confirm the move. I expect the price to reach the next support level at 1,7150. Good Trading Traders!
Morning traders! The pair is clearly on sideways on a H1 TF. RSI has broken the trend line suggesting that the price is going to fall. I expect the price to reach the next support level (1.7226). Wait for a pullback at least at 1.7274. Good Trading Traders!
Morning Traders! It seems to be a Head and Shoulder patter on this pair. I expect it to reach at least the next support level at 0.8915. That would be the first target. The next step would be waiting to see if the price breaks the support to complete the formation. Cheers!
Price has just broken a H1 trend line after a double top formation. I expect the price to reach the next support at 151,000. Cheers!
Morning Traders! Price is on a D1 resistance, but RSI on a H4 time frame as well as on H1 could be anticipating the break. Waiting for the price to break the trend line to start opening sell positions. Cheers!
Hey Traders! Price bouncing from a H4 resistance and RSI H1 breaking to the downside. Wait for the close of the candle to confirm the break. Cheers!
Morning Traders! Wait for a RSI break out to confirm the price move.
Hey Traders! Yesterday price bounced from a H1 resistance level (1.75000) also a psychological level. Today the pair has just broken the M15 resistance level + RSI so i will look for sells targeting the last swing low (1.7360). Cheers!
Morning Traders! Price has broken a H4 support level and now is retesting it. I expect this level to hold and make the price bounce to the last low around 149.500. I will be looking for sells on a M15 TF. Good Trading Traders!
Morning Traders! Prices has formed what seems to be a bearish channel in a M15 TF. There is also a strong resistance arround 158,280. I expect the price to retest that resistance level, and bounce from there to reach a lower low arround 150,750. Good Trading Traders!
Morning Traders! Last friday price bounced from a D1 resistance level causing a good bearish movement. Tonigh the price has been accumulated doing what looks like a continuation triangle. I expect the price to break the accumulation to the downside and reach the next resistance level at 151.500, which is also the 50% fibonacci level of the last bullish...
Morning Traders! Price bounced from the major support (150,000) and has broken the H1 trend line. As it has broken the H1 trend line, I expect the price to reach the next resistance level arround 151,500. So I will be looking for buys in a M15 Time Frame. Good Trading Traders!
Morning Traders! Price is on a major resistance level and has reached the 50% fibonacci level of the last bullish impulse. I am going to see if the price bounces from that level (150,300) or breaks it. If it bounces i will look for buys to reach the next resistance level at 150,980. If the pair breaks the support level i will look for sells to reach the next...
Morning Traders! Price is above the borekn D1 resistence level, now beeing tested as a support level (arround 151,100). I expect the price to bounce again from that support level to reach the next resistance level at 152,400. So today i will look for buys on a M15 TF. If my analysis is correct, the pair could do a Shoulder Head Shoulder formation on a H4 TF,...
Morning Traders! Price stuck between 2 D1 interest levels, so i was waiting the price to show me where it was going to move: to the D1 support or to the resistance. If we have a look at the M15 TF we see that the price did a lower low while it is doing the same highs. 152,000 seems to be a strong resistance for the price as it has been rejected several...
Morning Traders! The price has clearly breaked the daily resistance closing above it with a D1 candle. What i expect today is a retracement at least to the breaked resistance (151,600). However, the pair has shown tons of bullish activity those days so if it breaks upwards the M15 rectangle i will go long targeting 152,850 that is where i see the next...
Morning Traders! Look at that beautiful rally there! Finally volatility is back on the pair! :) So we had 3 bullish consecutive days, breaking all resistances. Price is now on a major resistance, so i expect it to bounce from there to the next support level, which is coincident with the 0,23% of Fibonacci level of the last beautyful bullish impulse. I will wait...
Morning Traders! Yesterday the pair did a nice rally, breaking all the resistances. It even has breaked the upper channel line. The price did a pullback retesting the upper cannel line, buncing from there to do a higher low. Today i am definitaly looking for buys. Good Trading Traders!