Since the market broke the 1º resistance at 1.37450 and touched now the 2º resistance , i expect the price to go down in a short term and then to go up in a long term , touching the 3º resistance.
Price touched the resistance and we can see a rejection , It might be a good opportunity to short this pair. PS: Have in count risk managment.
I am waiting a retest of the triangle to go long on this pair.
I will wait for a confirmation or a true rejection to short this pair.
If the market break the resistance 1.37450 and use it like a support , i expect the market to continue to go up in a long term. If the price touch the resistance and reverse with a true rejection, i expect the price to go short in a long term.
Wating formation of a candle or a true rejection to short this pair.
As we can see , there is an Rising Wedge pattern on the trendline. The price just touched the support , we can expect the market to reverse or a breakout on the downside. I will wait a true signal or rejection to buy this pair.
As we can see there is an Cup and Handle pattern formation. I will wait a breakout on the upside to go long on this pair.
Since the price broke the support on the downside , i will wait a retest of the triangle to short this pair.
As we can see the price tried to break 3 times the resistance, Does he gonna try a 4º time ? i expect a rejection of the resistance ( still waiting a confirmation or a true rejection) in a short time and then i expect the market to go long if it break the resistance. i would wait a retest to go long on these pair.
As we can see there is an Ascending Triangle formation , in my opinion the market my go up and touch the resistance. After that i am expecting a break on the upside and then a retest of the triangle.
As we can see the market is on an uptrenline and tried to broke 3 times the 1.37000 resistance but failed. I expect a consolidation around 1.36000 as a support and then the price to go long at least til 1.37000 resistance. Tho , if the price break below 1.35000, i expect the price to go short.
Price broke the 1860 support, Now i expect the price to go down in a long term, I am waiting a retest to go short.
In a short term i expect the price to go down (still waiting a confirmation or a rejection) but in a long term i expect the price to reach at least 1.34000. If the price break the trendline , i would wait a retest of the resistance and then i would go short.
Short time for bulls until it touched the resistance and then i expect the price to break on the downside.
In weekly we might see an opportunity to short , and with the pandemic situation there is an high probability to happen, if it fall , it's gonna fall hard.