If three drives occurs, would sell on resistance level between ideally 1.095 and 1.10
Bullish probability for the next few days due to : - bullish hidden divergence on the RSI - bullish hidden divergence on the stochastic
high probability for bearish due to : - potential bearish advanced pattern - bearish hidden divergence on the stochastic (and on the RSI for M15 time frame) - high probability of having an anti-capitalist candidate among the two elected tonight during the french election's first round
Maybe still bearish in the next weeks or months, but high weekly bullish probability due to: - previous RSI oversold conditions - previous RSI hidden bullish divergence - actual RSI / stochastic bullish divergence - price refuses pitchfork's median (would have passed median before the red circle, so now high probability for price to go up)
After yesterday's double top on M15, if it goes up until 0.618 fib retracement and without going more than 0.618 level and then goes bearish , it will go bearish for a long time
hidden divergence => high probability of short term bullish then beware of hidden bearish divergence...
Not well formed bearish butterfly + bearish divergence on the RSI = high probability for bearish
Bearish until the D point then look for bullish opportunities
Current resistance on pitchfork's median. Bullish hidden divergence indicates that price can go up for short term. Bearish if price breaks the median.
Going up after Fib 0.618 retracement, high probability for bullish trend
Short term bullish / middle term bearish / long term ???. Short term bullish : - price will reach the 0.618 Fib level of the prev bearish trend (from July to December 2016) - price will reach the pitchfork median (dotted trend) and try to break the resistance Middle term bearish: - price will not break the resitance - there is a bearish divergence on the...
Bearish Gartley pattern followed by potential bullish Cypher (target 1) or bullish Gartley (target 2). Waiting for entry point...
Confirmed by hidden divergence (XD trend)
Bearish conditions seems to be there: - RSI clearly overbought - Stochastic overbought - RSI main hidden divergence for bearish continuation
Price seems to retest the median of the bullish pitchfork (main dashed trend line) and maybe design a new lower high. Depending on it, then return in a bearish trend. There is a high probaility that price will go bearish to join the median of the bearish pitchfork (dotted trend). If it doens't reach the median by september, there willl have then a high...
Bullish conditions due to : - bullish hidden divergence on the RSI - almost oversold conditions on the RSI - bullish divergence on the stochastic and the RSI - oversold condtions on the stochastic - price reaches a bullish support trendline - US DOLLAR INDEX H1 is overbought according to both RSI (hidden divergence) and Stochastic
Hidden divergence => high probability of bearish trend Trend is bearish since the brexit and it could then complete a bullish cypher at a date around the french election...