After a strong impulse, the currency pair stopped before the resistance level and is now clamped from below by the support level. I expect continued growth after consolidation to the resistance of 0.9318 Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
And so, the picture for today is such that an uptrend in a few days on increased volatility changed to a downtrend, why I do not like fundamental analysis. What we have - the price is consolidating below the level, I expect that it will return to the level, test the resistance and continue its movement down to 1.17 Remember, there is no place for luck in trading...
on the higher timeframe, you can see how the price reached the strong historical level of 1912, made a false breakout and turned down very quickly and very strongly, breaking through the support of 1802 and heading for a strong trend support located beyond the resistance of 1777 Remember, there is no place for luck in trading - only strategy! Thanks for the likes...
Well, the currency pair went down and approached a strong support, but if you look closely, you can see the classic Price Action - Head and Shoulders pattern, upon breaking the support of which, a very good downward movement should follow. I expect this. I suppose that the price should go down to 0.7416 after the breakout Remember, there is no place for luck in...
And so, after a long consolidation, the price decided to distribute the downward movement, breaking the upward trend. At the moment we are at local support, but below there are more important targets - the 1.1865 liquidity zone. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
Gold is not going to go below the zone. After a strong destroying movement, the instrument stopped in the support zone. I expect that this breakout is not true, but false, and the instrument will continue to grow to the main, at the moment, key point - 1955, and locally to the lower border of the price channel. Remember, there is no place for luck in trading -...
Well, I have highlighted the price channel that has formed, it shows us about a local trend reversal. Note. that at the moment we are in the zone of resistance, on retest. I suppose that this retest will give us a breakdown and further movement to the upper border of the channel, and then a large target - the liquidity zone - 1.2325 Remember, there is no place...
And so what we see, the Instrument is trying to gain energy after a false breakout of the local minimum 1.21. Corrected and consolidated relative to this level of 1.21. The current global trend is upward, most likely the trend correction is still going on, I suppose that it is depleting and coming to its end. I expect growth from this place, or crossing of strong...
So. It is too early to talk about a trend change, since there is no break, if after the end of the correction there is a bearish downward impulse, then yes. Now, after testing the support, gold has pushed up and I expect growth to the resistance of 1893. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
As we can see, the instrument is in a flat and is testing the support zone at the moment. The trend is upward. Plus, the price is at the intersection of the horizontal support and the support trend line, which strengthens this zone several times. I look forward to growth to the near resistance - 0.7312 Remember, there is no place for luck in trading - only...
Well then. The instrument returned to the support zone by impulse after false breakouts. What is relevant is that at the moment the price is in the buy zone. I suppose the growth of the instrument after the end of the correction and consolidation above the support zone to the resistance zone 156.14 Remember, there is no place for luck in trading - only...
So. The currency pair has stopped from the place where two support levels intersect. The global uptrend has not changed. False breakout at 1.224 was most likely a trap for market makers, broke through, consolidated above the level and went back. Now the price, having dropped below some of the local key points, has captured liquidity for a possible upward movement....
Gold broke down the strong level, stopped in the support zone, confirmed three times. The zone is strong, so I expect growth to support the channel Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
As we can see, while the price is in the range and the trend change after the breakdown of the descending resistance line is not visible. I expect the price to drop to local support 0.893 Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
The currency pair went even lower. Now, after another breakout of the level, it is correcting to it. After consolidating below 1.213, I expect a continuation of the fall to 1.205 Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
Gold is consolidating above a strong support zone, given the trend and price movement angle, there is no point in talking about shorts. I expect continuation of the upward movement from the support trend line to (minimum) 1923.0 Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
As we can see, the pound dollar collects energy in the range. We approached a strong upward support, tried to make a counter-trend breakout, it turned out to be false, in fact, liquidity was seized, that is, energy was gained for an upward movement, which I hope will be, since I expect the instrument to break through 1.416, gain a foothold and continue to move...
So. The currency pair went in the previously mentioned direction. There are several key points ahead that are of interest to a major player. I expect a fall to 1.2104. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments