THE PAIR IS MOVING IN A RISING CHANNEL BUYING FROM THE BOTTOM AS THE PAIR IS TRADING ABOVE OUR MOVING AVERAGE
Pair came to retest a major trend line and is about to resume its uptrend .
In the bull market the pair is bouncing off the support trend line and is trading above our moving average; we are targeting new supply zones
Breakout of a minor channel and the bounce off the lower channel
A potential head and shoulders formation. Pair retraced to a major support trend line. 3 possible scenarios on the card : A breakout of the double bottom formation will trigger sells . Current scenario is we are expecting the current minor trend to test a resistance which could turn to a h&s neckline. Last scenario will be the breakout of the neckline and a...
The pair came to retest previous supply weekly supply zone fuelled by the stimulus bill vote . Price bouncing off from a demand zone for the next supply zones
The pair retested previous supply turned demand zone and created a head and shoulders patter and broke the neckline, next target 🎯 is the next supply zone
The pair created a new dip and trading just above the 0.23 Fibonacci level
Retracement done , and the trend is about to resume
Head and shoulders market setup. The breakout of the neckline to trigger more sells
Price retraced at 0.618 Fibonacci level . Next minimum target is our 1.00 Fibonacci extension level