- Price overbought on Stochastic Oscillator - Price reversed at key level (111), may function as strong resistance
- Price oversold on Stochastic Oscillator - Price experiencing instability at strong support level
- Price is oversold on the Stochastic Oscillator - Price reversed at recent low - Might form a double bottom
- Price broke briefly below EMA (25, close) and returned above, the following candlestick - Price neither overbought nor oversold
- Price neither oversold nor overbought - Recent consolidation above EMA (25, close), price was unable to break on the downside - Price is now at recent highs, could form a double top or break above zone - Price would need to close above zone on the daily or 4-hr chart
- Price approaching previous support/resistance
- Price directly above EMA (25, close)
- Price approaching strong support … Pair has only been able to cross once since June of 2017
- Price retraced to 0.5 fib level, may continue on previous down trend
- Price directly above EMA (25, close), following tentative downward trend line
- Price retested EMA (25, close), respected support and appears to be going up - Price not yet overbought - Could possibly form a double top
- Price seems unable to cross previous resistance at the moment, may consolidate or reverse to EMA (25, close)
- Price gave strong rejection to 1.60004 resistance line, pair not yet overbought - Pair may be on an overall downtrend with a brief retracement at the 0.382 fib level - Tentative trendlines drawn in broken red, watch how price reacts to them
- Price broke EMA (25, close) on the downside and previous support/resistance - Daily not indicating any clear direction as yet, other than price may or may not continue on downtrend
- Price retested and rejected EMA (25, close) as the support with a bullish candlestick. Pair not yet giving double confirmation of being overbought (RSI and Stochastic Oscillator) - Daily saying LONG
- Double confirmation on RSI and Stochastic Oscillator that pair is overbought. Therefore pair might go in a bit of consolidation or an a downwards trends - Shooting Star Candlestick (long upper shadow, short lower body) formed at the peak of the chart followed by a small bearish candlestick indicate that pair may go on a downwards trend rather than...
- Price broke out of range - Looking for price to reverse back to 1.71790 and retest