The graph seems to be moving in the trendline for now and it's struggling to go long.
The graph seems to be moving towards the bottom trend line and once it touches the bottom trendline it will go short.
Kindly refer to the rectangle. Based on previous history. It indicates that the graph may go long. The reason for this deduction is due to graph struggling to go short. Please feel free to comment.
There is a breakout going short on GBPJPY. The trend line indicates that when it touches the trendline above. It will show an indicator to go long.
Feel free to comment and post your opinions.
Looking at the previous trend line and comparing with it with the daily chart. The graph will go short and go long immediately after.
Do take a look and feel free to comment your opinions on any strategy that can be used to make the prediction a bit more accurate.
Based on the purple circles that were drawn, the trend lines will appear based on the previous pattern. At this point it's best to maintain a
short based strategy but be prepared to go long again. Comments are welcomed!!
The showed a slight support movement. Hence I would suggest to go long for the week. Feel fee to comment on my idea and let me know about what you think.
After cross referencing with the daily graph, it is estimated that the graph will show a slight support and will go bearish later as that has been the trend over the week. Fell free to comment!!
Hi Everyone,
Seeing that there has been a steady pattern recently. there maybe a chance where the graph will rise and dip like before. Deduced this by seeing previous graph patterns. Feel free to comment and give me your opinion. Thank you!!
Based on previous patterns it is bound to go down again. I'm a new trader and still learning how to read graphs. Feel free to comment on what you think of this analysis.
