Price has entered a strong DEMAND area. I am expecting huge buying pressure next week. Targeting 90.800, 90.900 and 91.000 levels
Price has rejected the strong resistance and is expected to retest the resistance zone for a sell NOTE: SHORT is ONLY VALID IF THERE IS A SECOND RETEST AND A STRONG BEARISH CONFIRMATION
A UDCAD seems to be rejection the daily support once again. AUDCAD is also forming a bullish head and a shoulders OR an inverted head and a shoulders on the 5 MIN CHART.
USDCAD is retesting a daily resistance and is forming a GRAVESRONE DOJI. This is an indication of a BEARISH Market. The RSI also is showing a hidden bearish divergence.
USDCAD SHORT TERM BEARISH POSITION 1. I see Bearish RSI Divergence on the 30 minute and 1hr charts . 2. Price seems to be approaching a resistance
BITCOIN might bounce off the previously broken RESISTANCE zone. This falls PERFECTLY in line with the 0.5 and 0.61 Fib levels as well as the daily bullish trend line All these 3 form my Buy Zone Thank You, Instagram @not.hakeem
RED line 1. Price bounces off RESISTANCE 1 and goes BEARISH ORANGE line 1. Price breaks RESISTANCE 2 and respects RESISTANCE 1 2. THEN price retraces down at RESISTANCE 2 3. NEXT, price continues BULLISH breaking through RESISTANCE 1 GREEN line 1. Price breaks through RESISTANCE 1 retraces at RESIATNCE 1 and continues BULLISH momentum Thank...
We wait for price to enter the Daily Support Zone. NEXT, we look for signs of a Reversal or a Rejection to the upside then we go LONG
I SEE 2 SCENARIOS 1. If price exhibits a downward rejection in the zone and a Fibonacci 0.5 or 0.68 rejection then I see price possibly moving towards the DOWNSIDE 2. If price closes above the zone then I see price possibly moving towards the UPSIDE