Oyinehi

Oyinehi

Price is currently moving in an uptrend channel on the daily time frame ,the mid line of this channel could serve as resistance to the downside or as support if broken ,i will be waiting for further confirmation on lower time frames for a buy or sell signal but my general opinion is bullish. NOTE: Price could reverse at the mid line zone or break the zone and...

Oyinehi

Price looks to be forming an inverted head and shoulders pattern on Daily time frame,i'm waiting for price to break the neckline before continuing higher. NOTE:Wait for price to break and close above the neck,then go down to lower time frame to look for buy signal Please support this analysis with a like if you find it useful

Oyinehi

Price seems to be forming an inverted head and shoulder pattern on the daily time frame,i'm waiting for break above trendline for a buy signal NOTE:Wait for price to break above neckline then go down to lower time frames and look for a buy signal. Please support this analysis with a like if you find it useful.

Oyinehi

Price has reached support and has bounced off the support zone also there's TDI divergence on H1 time frame,i'm waiting for the price to break the downtrend line and retest before moving higher NOTE:Wait for price to break and retest before looking for a bullish price action pattern such as a bullish engulfing candle or bullish pin bar. If price fails to...

Oyinehi

Price has reached a strong support zone on the 4H time frame and is currently forming a double bottom formation and also there is TDI divergence forming on the 1H time frame ,wait for a bullish reversal pattern such as a bullish engulfing candle or a morning star candle before looking for buy signal. NOTE:If price breaks and closes below the support zone then the...

Oyinehi

Price has reached resistance zone,and has tested this zone multiple times,there's also divergence on the TDI indicator suggesting bearish reversal soon, wait for a bearish reversal price action pattern such as a bearish engulfing candle or shooting star candle for sell signal. NOTE:If price closes above the resistance zone the analysis is invalidated.

Oyinehi

Price is now at resistance Zone, wait for a bearish reversal pattern such as an engulfing candle or shooting star or for price to break the uptrend line for a sell signal. NOTE: If price closes above the resistance zone the analysis is invalidated.