Waiting for confirmation to enter either long or short.
Could retest resistance and ascending trend line and drop lower as correction. Will look for confirmation before going in short
Retesting supply zone. Will be looking to short after confirmation
Forming double top on supply zone. Will wait for retest of demand and confirmation to go in long.
Will wait for retest of descending trend line to go in long
Retesting supply zone, will only go in if sell limit is reached
Broke ascending weekly trend line. Could manage to go down to test demand zone
Testing supply zone, potential move towards the downside. IG: @ForexDawgs
Forming a head and shoulders pattern. Looking to go short
Retesting ascending trend line, possible move towards the upside
Forming double top on supply zone IG: @ForexDawgs
there's been strong sell sensitivity and could potentially retest trendline
Formed an inverted double top and if it manages to break neckline, we will wait for retest and confirmation before planing on entering long. IG: @Forexdawgs
Long term analysis on this pair. Sell limit hit. Could be on its way lower if it manages to break demand zone. We will continue to hold our position. ------------------------------------------------------- Follow us on IG: @Forexdawgs HAPPY THANKSGIVING!
Testing descending trend line and supply zone, potential short position.
Could consolidate between these zone for some time before heading lower or possibly break demand.
There is buy sensitivity going on at supply zone. If it manages to break, I will be waiting for retest and confirmation to go in long.
Looks like it wants to break and only when it retests is when I wil look to go in long after confirmation.