Most recently, the price broke through the support level and moved higher towards the resistance line. I want to remind you that these level and line together constituted a rather strong resistance zone. Since the line has existed for more than half a year - since May 2020 - and the first serious breakout happened only in October, when the price fell...
The price continues to form the movement of the previous forecast - namely, to rise to the resistance level. And I still expect growth. My expectation of growth is supported by the support zone 1814.82, where the price is now. This zone is formed specifically by the zone - we can see how the price moved in it in July. As well as the support lines that have...
I would like to remind you of my past forecast for this pair as it came true. The price, as I said, continued to grow and already touched the resistance line, thereby completing half of the way towards our target. The price touched the resistance line at 1.194 as a shadow from the candlestick. And then it turned around and it is already clear that it began to...
According to my previous forecast, we opened a buy trade and it went just perfect, bringing us 230 pips of profit! After the deal was worked out, the price fell, and now it is working out the growth again. In the course of this growth, the pair managed to break through the support line 123.841, but now we see that it approached the resistance line. These two...
After touching the support line on November 6, the line rose rapidly to the resistance line, closing all positions in literally one movement. And this means that my simple = early forecast came true. Now we see that the price drop from the resistance line stopped at the small support line 103.754. The price bounced off this line and grew, however, before...
Recently, the estimate was able to break through the support line, within which it has been moving since the beginning of summer and June 2020. This is a rather serious breakout, since before that the price went beyond the line only by the candlestick. Almost immediately, however, she found herself in a resistance zone. This resistance zone has existed since at...
The price recently broke through the resistance level and fell towards the support zone. We saw a similar situation in August. Let's take a look at it. After several touches, the price breaks through the level 92.181 and falls, but then starts to grow again and returns to the level. Right now, the price is at the same level where the fall stopped last time and...
The price broke through the resistance line at the point 1824.43. However, it is already clear how it is gradually returning to the line, which gives reason to think that the breakout was false. This resistance line has been on the chart since August 2020. Up to this point, prices have only been concerned with it and this is another reason to expect rapid...
In July of this year, the price was able to break through a strong resistance line and for several months moved above it. However, at the end of September the price dropped and returned to the perdels of the line. Where it got into the channel, it moved between the support and resistance lines. As we can see on the older TF - despite the fact that both of these...
The price moves in a stable uptrend despite pullbacks and corrections. Movement is regulated by the support line and the resistance line of September 2020. Last time, the price just fell from resistance to support, having touched it with a candle shadow. After that it rose, again failed to break through the resistance at 0.735 and began to fall again. The...
Since May 2020, the price has been moving in the Wedge pattern, and now it is getting closer to completing the formation of the pattern. As you can see, there have already been at least 6 touches of the resistance and support lines. Also, the chart shows a small breakdown of the support line, which happened at the end of October, but this is acceptable for this...
Last time in this forecast, we talked about the rise in price from the support line to the resistance line. Let me remind you: in July, the price grew for a long time, after which it changed its trend to a downtrend and fell. This was repeated several times. Then, after a long rise, the price approached the resistance line, turned around and began to fall. The...
In the spring of this year, the price of the index collapsed very much and for some time stumbled on the lows. However, by September, during a long period of growth, it reached its annual maximum at 12462.5 It can be seen that at this point the global growth has stopped and the price starts working on corrections. So on the chart over the past months, several...
In the first week of November, the price collapsed a lot. At that time, the fall stopped only due to the support line. Having pushed off from which the price went up. But after it came to a strong resistance zone - in the area of two lines passing very close to each other - the price began to fall again. And just yesterday there was another collapse - this...
Over the past month, we have seen strong price fluctuations - this is how she reacted to the elections in America. However, now the uncertainty has disappeared and price movements have become much calmer and more regular. The amplitude of fluctuations decreased when the price approached the strong resistance zone - 1.188. This zone is formed by a strong July...
The price has been moving in the pattern for a long time. At the very beginning of November, the price finally exited the pattern, breaking through the support line and dropping to the support level of 1.542. Over the past two weeks, it has made a lot of rather sharp movements, including a breakdown of this level. However, a week ago, it was able to rise and...
The situation is somewhat similar to the situation of the AUDCAD pair After the impulse of growth from point 63.5, the price rose rapidly, reached the support line, which at that time was resistance, and got into a small upward channel. However, it recently broke through the upper line of this channel - the resistance line and rose to the resistance level -...
Since July, the price has been moving in a downtrend within two lines: resistance and support. Having made significant breakouts of these lines only a few times, but rather soon returning to their boundaries. Now we see that the price has broken through the upper border of the channel - the resistance line and rose above it. At the end of this movement, the price...