FMTradingTeam

FMTradingTeam

- strong resistance line met - 4h short term trendline met with daily trend being touched previously last 7 days consecutively - RSI daily overbought showing the loss of power within the bulls - daily Rsi marching previous resistance line which shown to be a proven pivot point All indications must be met before entering trade

FMTradingTeam

- long term daily 618 fib met with signs of bulls failing to permit through - strong resistance met - proven pivot point marrying the resistance line - RSI oversold - price above moving average - daily and 4h trendline met 4th contact with the line with marrying resistance and 618 fib makes a crucial price to beat and retrace

FMTradingTeam

- head and shoulders pattern should be reached within the next few hours to a day if bulls continue to rise with power - resistance line could be met forming the head and shoulders followed with tracement down the neck - RSI coming to oversold - proven pivot point will be reached All indications must be met before entering the trade

FMTradingTeam

- strong resistance met - proven pivot point reached twice within the last week marrying resistance - three driver pattern reached indicating further change of direction - RSI Oversold - price above moving average - bulls starting to lose power and buyers are taking their profits

FMTradingTeam

- strong resistance line met - RSI over bought showing the bulls losing power and marrying the resistance line - proven pivot point about to be met - weekly downtrend met from way back to 2016 showing a resistance line very hard to break - price above moving average

FMTradingTeam

- 618 fib broken then losing power - 4h trendline met after failed break out previously - RSI overbought marrying the resistance line - strong resistance line - proven historical pivot point - price highly above moving average

FMTradingTeam

- strong support line met - long weekly trendline met - RSI oversold 4h, can see bears losing power - previous pivot point proven turning point of price - trendline from the start of 2020

FMTradingTeam

- strong resistance met and bulls losing power - previous 2 year trendline met marrying the resistance line - RSI overbought all time frames - moving average massively overbought, bulls should be closing profits - 100 fb retracement closing in

FMTradingTeam

- daily and 4h trendline met - strong resistance line marrying the trendline - above the 618 fib with the bulls losing power showing indications of pivot point where in the past has seen multiple change in directions - price above moving average - head and shoulders Pattern formed to show even more indication of change of price direction - RSI coming close to...

FMTradingTeam

- approaching 618 fib - all time frames over bought - historical monthly trendline met - extremely strong resistance line met - due to all RSIs going above and beyond bulls should be starting to release their profits and see bears take over - price above moving average on all time frames - huge potential however needs room to the breathe - previous strong...

FMTradingTeam

- 50 fib reached third contact met and still bulls continue to break trend - 4h trendline met and daily - Strong resistance line breached with bears start to over throw bulls - price above moving average - RSI coming into the over bought marrying the previous pivot points All indications must be met before entering trade

FMTradingTeam

- 618 broke with bullish power weakening - RSI overbought throughput the time frames - crucial pivot point seen a number of times in the past - strong resistance line marrying the 618 fib - price well above moving average All indications must be met before entering trade

FMTradingTeam

- strong support line met with rejection - RSI over bought - support line been a pivot point in the past - approaching an iconic support

FMTradingTeam

- 618 fib previously rejected and now come back for retest - resistance line is proven pivot point on numerous occasions in the past - 618 fib marries resistance however, bulls seem to lose momentum indicating early pivot, SL long term needed - 4h daily Trend line met - RSI making its way to over bought

FMTradingTeam

- 618 fib met and bears losing power - 3rd point of contact on support line - need good confirmation of reversal on the pivot point before committing - strong support line All indications must be met before entering trade

FMTradingTeam

- strong daily resistance line coming - proven pivot point - waiting for false out of the resistance line then heavy retracement - RSI daily coming to over bought when entry is reached - not much news around could see the pair reverse with small volatility

FMTradingTeam

- coming to 618 fib - bulls losing power - price above moving average - RSI in the over bought - waiting for confirmation of retracement after the 618 - 618 marries strong resistance line which has proven its pivot point All indications must be met before entering the trade

FMTradingTeam

- 618 fib met and rejected - 4hr trendline met - strong daily resistance line marries up with 618 fib - price above moving average - RSI overbought on the 1h to 4h - bulls momentum and power fading - pivot point reached