Bias is bullish because 1. Price has crossed both MAs and testing the red dotted line now. 2. MAs crossing over and 100MA slope is positive meaning its an uptrend Stop loss will be right below the triangle break out and buy order shall be placed once the triangle resistace is broken
I can see a bearsish flag formng after a long downtrend. Also a H&S forming as shown price below both MA s and blue MA turning down suggesting a downtrend to follow. fngers crossed.
If price breaks the rectangle, its going down atleast 150 pips As line is between the red and blue MAs , shows the market is still in indecision. however the price has crossed out blue line which means its a bearish signal, therefore if it crosses the red line ( which falls precisely on the rectangle) will be our confirmation for sell entry. TP = 1.75822
EURUSD is going to test the support marked by the dotted black line and fall all the way down as the arrow indicates. Price is below both MAs and 100 bar MA slope is looking down, indicating a downtrend is in place.
1.Regular bearish divergence on USDJPY signifing possible trent reversal 2.Guppys blue MAs formed a bubble and seem to be moving downwards, price broke into the EMA's with a strong red candle stick at point A.
THIS IS JUST AN IDEA. Please do not trade if you do not agree with my analysis.
GJ is at its major PRZ, looks like if the PRZ is broken, the price will go up as per written in the picture above. Using Guppys MMAs, since blue lines and red lines are well separated and theres a gap bwtween two groups hence the trend is established.(in this case an uptrend)
According the analysis price may go up towards the red rectangle zone shown in the picture, and then fall hard all the way down to the green TP region as indicated in the picture.