Price has broken out of the hr 1 downtrend, bearish momentum is pushing price down to possibly form a new low for the new uptrend or will fall back into the downtrend possibly hitting the previous low or making a lower low
Price bounced of the hr 1 trending, bullish momentum will push price to probably make a new high
Gold is testing support on the 1 hr chart. We can see price making higher lows but the RSI making lower lows indicting bullish momentum. We could see price make a new high or test some previous support as resistance which may cause a downtrend.
Price rejecting off the 1 hr trendline and is showing regular bearish divergence. You can expect price to fall an test previous support or make a new low continuing the downtrend.
Price has made a lower low while the rsi is making a higher low signaling a bullish trend. Looking for profit areas around the downward trend line.
EU has broken out of a bearish channel and is testing a strong support / resistance level. If broken through we can see price retesting a new level of support (previous resistance) and if rejected look for entries based off the validity of the support to target previous highs. If you agree you can support with a thumbs up I'd greatly appreciate it.
Although being bullish we see price breaking out of the channel and breaking horizontal support. Looking for trades on the retest of the 134.764 level.
Based off of the uptrend we're looking for re-entries after the breakout before a major level of resistance. Looking for rejections of the 61.8 zone on the fibonacci would signal a perfect entry. Bullish divergence within the RSI also provides conformation of continuation to the upside.
GA has been on the downtrend but is approaching the major support level. Looking for rejections of this level for a clear entry.