Tradepipsforex

Tradepipsforex

After rejecting the channel resistance, a continuous bearish movement shall follow

Tradepipsforex

Might drive a little bull but high probability it might not exceeding the downtrend channel. Touching the channel resistance might drive a huge bear again.

Tradepipsforex

We might have a short bull to complete the dropping flag before a real waterfall begins. Key positions to watch is 1890 and 1860, any breakout of these levels shall change the short term trend.

Tradepipsforex

Pitchfork channel predicts the price will fall from 0.06 after forming the new high to make a retracement before shooting for another new high. Another new high is predicted to be 0.08.

Tradepipsforex

Breakout of the flag will determine further bulls to 2000 level

Tradepipsforex

It’s still inside the rectangular small channel, but it’s momentum to change direction is getting weaker, high possibility it is forming a continuous bearish trend

Tradepipsforex

Double tops appear at blue weekly channel resistance, it’s more likely to bear to support unless it breaks the blue line and continue to form an uptrend channel.

Tradepipsforex

Pattern is still forming. Waiting for huge bull opportunity

Tradepipsforex

Another big shot/ wave is coming soon.

Tradepipsforex

A bounce occurs to form lower high before further fall.

Tradepipsforex

After meeting strong weekly support, obvious up bounce will bring price to resistance again

Tradepipsforex

It’s meeting the downtrend channel resistance after huge V up bounce, might see a good sell from here

Tradepipsforex

If the price fails to stand above the purple box, the price will likely to fall to the support again

Tradepipsforex

I will see bears coming since channel resistance has met. But strong bulls might bring the price break the channel. Need confirmation for this

Tradepipsforex

EurUsd will meet the double bottoms neckline for weekly chart first to complete the pattern

Tradepipsforex

Buy from dip

Tradepipsforex

Price action determines its future trend, if it fails to break 1.073, I will see it touching the support again.

Tradepipsforex

Trendline is solid enough to hold the bull trend but breakout of trendline might happen too