Looking to sell this pair... Were in a clear downtrend..... and at a major zone area where price has been rejection multiple time... Price is ALMOST very over bought... Looking to sell in the asian possible the Londen session.
We've been in this channel for some time now.... Once again we're at the top of the trend line/ resistance line.....and also in a supply zone... Looking to take a short on this pair soon.... Price is very over bought..... just waiting for a couple candles to close below the trendline.
Price is very overbought.... Price has also reached the resistance line inside this channel... As well as a supply zone..... Very likely to be bearish soon.
Classic Support/resistance.... Supply and demand. Price has reached a supply area that has been previously respected in the past. I have Take Profits set up based on Fibonacci levels. Looking to go short here soon.
I believe were gonna go bullish here in a little while guys. Were in an uptrend. Price is over Sold.... We have candlestick wicks which show rejection at the level of support... Look for a long opportunity soon. Take Profits based on Fib levels.
As you can see, 1st, we have price that reached a strong resistance zone... 2nd, The stochastic is very oversold. We will wait until the Asian session to make any trades on this pair... We'll look for bearish confirmation...... I used Fibs to determine take profit targets.
LOOKS LIKE IT HIT A SUPPLY ZONE. A DROP TO THE 50 OR 61.8 FIB LEVEL AND THEN AND RUN BACK UP SINCE WE ARE IN AN UP TREND!
Looks like this pair has has a nice run up.... High of the day, now its time to make a low of the day. The 50 or 61.8% fib levels im looking for it to retrace too. and then bounce off this support level and continue its upward trend.
I've marked up a trend line which price has reached... It's also in a mini supply zone. The Indicator is overbought... and We have wicks which is a sign of rejection. Looking to short this pair soon.
I'm looking to sell this pair. It has reached a Supply/resistance zone. This zone has been rejected multiple times. I've drawn up the fib level to determine where to take profits.
Based upon the asian session.... Previous support has become resistance.... based upon the blue lines i've drawn...and the arrow point down. I believe the bears still have more play.