As you can in the chart provided the trend line that signify a downtrend has been broken by price to the upside and the zone had also been broken and a reset has taken place. I'm already in a long position, let's see what the market will do. Drop your own view in the comment section.
From the chart shown you can see that price has broken the trendline to the downside which indicate a start of a downtrend. The analysis is to wait for price to come back to the zone before resuming on the downtrend. You can drop your view in the comment section.
As you can see on my chart, the trendline has been broken to the downside which signifies the start of a downward trend and the price also breaks my zone. I'm expecting a retest at the zone so I can enter the sell. But, if there's no retest I just wait for my three lows pattern to tag into the move. Remember as traders we react to price. You can comment what you...
Looking at my chart you will see that price has broken the current zone, LTF price has given me a retest, and the move has started... Looking forward to what price has to deliver. Note: This is an expectation, the only thing right is price. Traders, what can you see on your chart concerning this pair? If you like the idea comment, like, and follow.
There's a probability that the pair will be experiencing a long term buy.
A qucik short on EURUSD. Expecting it to fall more.
After waiting for price to break and retest the zone. The cue to short the pair, appear. Let's see how it plays out. You can short at your own risk. NFA.
After price have broke the green area, and the retest have occurred.... The trend has changed, the journey for shorting the pair long-term can begin anytime soon. But, due to the holidays and less volume, it might take some time for it to play out.
US30 is currently bearish and there's a probability there will be a massive drop after a short retracement. Everything is liable to change, the analysis is based purely on probabilty.
Just as anticipated, price was able to breakout and currently on it way to retest the broken zone. waiting to see if it will print my setup or not.
According to the analysis done, price is likely to reverse at the nearest zone or breakout and retest before moving further to the upside. As everything is just a proposition, we just sit back and watch how the market unfold for the week.
The possible out come of us30 for the week . There is a probability of price breaking out of the current zone and coming back for a retest or moving straight to the next zone and make a reversal.
Against the coming week. Price is expected to reverse at the trendline pointed at and the reason for that is the circled wick which serve as a zone.