If we see a break on the upside we might see a continuation on a long term.
I think this pair might go down for a while before going up again.
As we can see , there is a shoulder head shoulder inverted pattern formation , and since we are on an uptrendline it might be a good opportunity to buy this pair. I put a buy limit at 0.77000 and i expect the price to go long. Some would prefer to wait a retest of the neckline to go long on this pair wich can also be a strategy.
As we can see , price are following the LH and LL perfectly becoming as there turn HH and HL, since the market as been reject by the support in weekly and daily, i expect the market to continue to go up and there will be opportunities to buy along the way. I am still waiting a rejection in that area to go long.
Big resistence in Weekly , market is getting tired , i would wait a candle or true rejection to short this pair.
Market touched a big resitence on D and W , market is getting tired . i expect the price to go down.
As we can see price is almost touching the resistence on the daily chart and is almost touching the 200 MA , market is getting tired. I expect the price to go down in a short term. still waiting a confirmation.
As we can see price touched the resistence aroud 1.81000 on the daily chart and have been rejected by the 200 MA and fibonacci. i expect the price to go down in a short term.
Price is almost touching a big support. The market is getting tired of going down so we can expect a reversal. I would wait a rejection or a candle formation around the white area to go long on this pair.
Price touched a big resistence in monthly and weekly, the market is getting tired , it might be a good opportunity to short this pair.
Price touched a big resistance in weekly monthly and daily chart, i expect the price to go down.
Cup Handle? Bearish in a short term , Bull in a long term.
I expect the price to reject the resistence again and go down to the green area.