In the first week of November, the price received a small upside impulse from the support line. And, having risen, she began to form a channel. In which it moves all this time. But on the larger timeframe, you can see that strong growth began even earlier, from the point - 26464. Such an impulse, together with an already explicit channel, form a flag...
So, the price is still moving along the target we have set: it has dropped to a strong support zone - a close alignment of the level and line at point 1850.15. Then she pushed off from this point and began to grow. Like last time, I expect the price to come to a strong resistance zone where two lines are close to each other. However, I am confident that the...
At the end of last week, the price approached the zone of strong resistance. Here, firstly, pass the level from September 2020. Secondly, there are several resistance lines. Together, this gives a good zone at 1.187. Over the past week, the price touched the level three times - all this is due to the influence of the nearby line. All these movements can be...
After an impulse from the strong support line in early November, the price managed to rise to the resistance level, breaking through another strong line, as well as the level of 1.330. During the breakout, the price reached a local maximum in the resistance zone - the last time it touched this zone was in August 2020. As you can see, after the breakdown of this...
Let me remind you that over the past month we have observed how the price flows from one channel - a long upward channel from April 2020 to a smaller downward one - from September. The transition process began back in October when the channel lines crossed for the first time. As you can see, the transition process has already been completed and the price is...
November for this pair began with a strong unstable movement, accompanied by large pullbacks and corrections. But now, since the second half of the month, the pair has entered the zone between the two lines: resistance and support, and movements have become more uniform and predictable. These lines passing through the most significant points of contact are not...
Since November 10, the price has passed half-way to the target set by us last time. Or rather, it reached the resistance level and even managed to break it, but then it came back. Now I have finalized the chart and close the previous trade, change the direction of the forecast. On the chart we see the support line - from September 2020. After the price broke...
Let's remember that in mid-July, the price bounced off the support level and rose rapidly. It was a very strong rally, and for almost 4 months since then the price has been in a big downtrend. Of course, there are also ups and downs in price inside it. These movements are caused by two rather strong lines: support and resistance. Now the price is just at the...
The price continues to rise, which started in the middle of last week. And now she is close to the zone of resistance. The zone consists of a strong level and a strong line. The line has existed since 2019 and throughout this time, as you can see, has significantly corrected the price movement. The level also served as strong resistance for the price. As you...
In September, the price began to form a small upward channel. And over the past months, she moved in it regularly touching both borders. The upper border of this channel is a strong resistance line that has existed on the chart since 2019. Last week the price managed to break through it and rise to the resistance level. But then she falls back into the...
At the beginning of the month, my predictions accurately predict price movement. To begin with, it came to a strong resistance level, turned around and began to fall towards the support zone. Then I came to the support line and started to grow - thereby working out a good deal for us to buy. And at the end it rose to the resistance line. It is at this...
Let us remember my previous forecast, in which I said that after the breakdown of the strong line and the support level, the price reached the resistance lines and reversed in a downtrend. During this move, she again touched strong support, which gave her an impetus for growth. Globally, this bursting movement was a consequence of the price exiting the Flag...
We start a new trading week by analyzing the US 30 index. Last time we talked about the fact that after a short growth, the price will again fall to the support line. As you can see, it came true. This price movement took place just after it broke through the support line during a strong growth. This means that it can be regarded as a fixation on the line. Let...
For several years now, the price has been forming a good channel. And only in February of this year it showed strong growth and came out of it. Then a virus created the situation. Now the price has returned to the channel and I think it is not going to exit from there yet. Now the price is just at the support line - the lower level of the channel, and therefore...
For a long time, the price cannot break through the resistance base consisting of lines and a level. And this time I expect the price to go down. The target is the support line at 73.32. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
And so, the price continues to rise, which means that my yesterday's signal and our buy deal were successful However, now the price has approached the resistance line. On the larger TF, we see that this is a very strong line that has existed since 2019. Therefore, I expect that the price will not be able to break it. I expect the pair to touch the line and...
We continue to monitor the formation of prices. Let me remind you. First, the price came to the line and the resistance level and then fell. Then it broke through the resistance line and fixed on it and continued to delight - we opened a sell signal. In the end, the price began to rise again and, as expected, came very close to the resistance line. I...
Recently, the price made a small breakthrough and sell, but still dropped beyond the resistance line and began to fall, as I expected. The price growth was stopped by two intersecting resistance lines - one of them is the upper border of the channel. This was a pretty strong push for the fall. Now the price has come to a small resistance zone and also broke...