UnknownUnicorn15614419

UnknownUnicorn15614419

After a good volume of growth after the completion of the formation of the "Head and Shoulders" pattern, the price returns to its previous positions. It has already dropped below the point where it entered the trend, now it has made a correction and is preparing to fall a little more. There is a hope that after the fall, the price will return to growth and work...

UnknownUnicorn15614419

The price is backed by a strong June 2020 support line. In November, there was a breakdown of this line, but before and after this breakout, the touch of the line reversed the price direction. The last time the price touched the line at the beginning of February around 0.714. And now it is in the process of growing (working with corrections). It is likely that the...

UnknownUnicorn15614419

The pair repeats the pattern it followed in December. First, there was a sharp jump in the rate from 0.760, then a long fall (last time it was almost two months) with corrections and pullbacks. Now there is another growth spurt and touching the level of 0.780. Further, the price will likely start to fall. It is too early to say whether it will fall again to the...

UnknownUnicorn15614419

Last week, gold was quite unambiguous and moving predictably, but on Friday, having begun to fall, it suddenly stopped and is now in the process of multiple corrections, practically not moving from place. The price fixed at the price level of 1826.08 and again showed a fall from it. It is not clear until the end whether there will be another correction or the...

UnknownUnicorn15614419 Updated 

The chart shows the tendency of the price to move in waves. First growth, then correction and rollback, new growth, and so on. At the same time, the first two waves of growth turn out to be very small, rather acting as a correction themselves. But then the price makes a jump and works out a large amount of movement at once. Now the price is in the process of...

UnknownUnicorn15614419

Since December last year, the price has been in a very strong uptrend with virtually no breakdown of trend lines. But last Friday there was a breakdown of the resistance of 145.5, after which the price continued to rise. This is a strong and sharp leap, so it is very likely that this growth will not last long. Moreover, the price resistance level is located nearby...

UnknownUnicorn15614419

The price continues to show a very strong rally, which it started at the end of last week. It almost approached the level of 76.3, after which a fall can be expected. The price can break the level, but most likely the breakout will turn out to be false, since the level is quite strong and has many touches. But this cannot be ruled out. And yet a more likely...

UnknownUnicorn15614419 Updated 

Okay, the price did rise to the level of 1846.62 and then bounced back and reversed in another decline. But that's what we were hungry for, right? Therefore, we continue to expect a fall. Moreover, the price has already broken through the next level 1826.08. Now it goes down again and comes at least to the point 1792.48. But whether it can fall even lower, we will...

UnknownUnicorn15614419 Updated 

Well, the price really rose to the level of 1.215 after the trend reversal at the level of 1.196. And as it was said from this point of the beginning of the fall. Now the main question is how far the price will fall. I see two flaws in the situation. 1 - the price will work out a rollback in relation to growth and start a new rise from the level of 1.202. 2 - the...

UnknownUnicorn15614419

The price showed excellent growth from the price level 126.70 and, as a result, left the Triangle pattern, breaking through the line 127.02. After a breakout and a slight increase, the price "like a textbook" worked out a pullback. So its closest action is to return to the support line and fix on it. Further, there is a high probability that the price will...

UnknownUnicorn15614419

So, the price movement is developing according to the first scenario I voiced yesterday. That is, the price left the descending channel, broke through its border around 0.982 and continued to grow. Now I expect the price to correct to the line, fix on it and return to the rate. It will grow to position 0.990. Remember, there is no place for luck in trading - only...

UnknownUnicorn15614419 Updated 

From November to January, the price was in an upward trend. In January, a reversal took place and the trend changed to a downtrend. He in his turn lasted until February. Where at point 1.196 the price started a new rise. During which, as a result, it broke the trend line 1.207. The price will reach the nearest 1.215 price level and fall (as a correction) back to...

UnknownUnicorn15614419

The price is at the price level 0.874. It has price touches throughout the entire chart. The price reached this level after a long (since December of last year) fall in the descending trend. There is a high probability of new growth and trend reversal. In this case, the price will bounce off the level, break the 0.876 trend line, fix on it and rise to the next...

UnknownUnicorn15614419

The growing trend that has continued since December 2020 is coming to an end. The price rose due to strong growth spikes and corrections, pulling back the price by 50 +% - the final growth was obtained due to the difference between the jump and pullback. After a strong growth from the level of 1.364, the price came to the current maximum of 1.385. Following the...

UnknownUnicorn15614419 Updated 

There are two main ways of price movement, depending on whether it cuts through the resistance line - the trend line of the downtrend channel - or remains within the trend. In the first case, we are waiting for the breakdown of point 0.984, consolidation and growth to target 1 - 0.990 In the second case, we wait for a rebound from point 0.984 and fall to 0.971. We...

UnknownUnicorn15614419 Updated 

In recent months, the price has been moving in characteristic stages: growth-collapse-correction-growth-collapse-correction. At this moment, the price has already passed the stage of the collapse (February 2-4), then it showed an increase. Now, you can expect a slight pullback after a period of growth. after it - a new collapse to the level of 1792.48. Remember,...

UnknownUnicorn15614419 Updated 

Repetitive movement in a small downward channel. At first, growth - within this channel, is sharp without pullbacks. Then the fall - a longer one with a multitude of corrections. Both movements are within the price levels 1.574 and 1.526. Now the price started to rise from the level of 1.534 and will come to the intermediate level of 1.552. He is the border of the...

UnknownUnicorn15614419

For two and a half months (starting from December last year) the price has been keeping a fairly calm, even movement. During this movement, a direct channel was formed between the levels 1.286 and 1.269 - this is the main price movement. However, the price will periodically break through these levels. And new points are formed at the highs of the breakouts - for...