It looks like a clear HCH, supported by the previous bearish guideline that has been broken. We buy with SL below the last minimum.
The price has concatenated increasing minimums but the maximums have stabilized in the area of 0.9520 - 0.9525, leaving a triangular structure. A close above that resistance zone would trigger the formation and we would have a target price of 0.958 and with an SL below the last low and the bullish guideline at 0.95000. The RSI has respected the triangular...
In the EUR SEK we can see how the price has broken the bearish guideline that united the decreasing maximums and leaving us with a clearly bullish minimum. The price appears to have encountered resistance at 10.57 which previously worked as a support. If we analyze the price structure we can see a possible head-shoulder. For the structure to be confirmed, the...
In 4 hours, a wedge-shaped movement is seen that seems to have broken upwards, leaving a possible path to 9.81 and placing the SL below the last minimum (9.4133). The RSI has accompanied the movement, breaking the bearish guideline. En un 4 horas se aprecia un movimiento en forma de cuña que parece haberse roto al alza dejandons un posible recorrido hasta 9,81 y...