can see it bounce off a support zone strong letting us know we see a big buyer(s) enter the market now. will most likely hold so we'll see this as a change in trend towards the upside.
To corrilate with the rest of my markups. I see this support zone holding its ground & will look for a breakout towards the upside. Will also go with our bias of being at the support of our Second Phase of consolidation. So we're still looking for a break above our highest high, being 127.000*
we see a completion of our Market maker formation with an inverse head & shouders pattern at our peak low. Indicating a continuation upwards movement.
See Bullish momentum, will look for buy stops here up to our daily resistance.
we see us currently Uptrending with a hammer at our previous swing low and a wick afer that indicating price did not like to be down there for long.
looking for bullish opportunities untill our weekly trendline is broken for now.
we seem to be downtrending but currently at our monthly support zone & peak low of our Market Maker formation. we also broke out of our bearish channel and now looking for another breakout towards the upside to our monthly resistance.
We see ourselves in a current resistance zone. Well look to hold bearish opportunities here.
1.33750 seems to be our first entry for this buy towards our major resistance.
we have upwards momentum with our next Strong Support being 1.33550 - 1.33000. So will look for a retracement to BUY to at least the beginning of our Strong Resestance zone. risking 150 to gain 450 pips.
We seem to have Upwards Momentum with us currently bouncing off one of our Support zones. With a wick indicating that price did NOT want to stay below it.
we seem to have Upwards Momentum being magnetized to our resistance zone with our ideal Sell Zone being 1.42650 - 1.44700 to hold Long term Sells.
we seem to be in a downtrend in our second phase of consolidation. looking for Bear opportunities to hold longterm here.
we see our good trade opportunity towards the upside with a risk of 65 pips to a reward of 200 pips.
going with our original long term bias. We're looking for retracments towards the Upside here on the 4hr to at least our first major resisitance level. A good retracement here would be around 1.22150 price zone.
would like to see it bounce off our Weekly Resistance and Consolidate once more before breaking out to our ideal sell zone.
will be looking for bearish opportunities on this pair. 1.26500 - 1.28500 seems to be the idea spot to hold a long term SELL.