1) Price is reaching a Support/Resistance area which lines up with the trend line. 2) Price should reverse and market should become bullish again 3) Price could reach 0.89989 level before becoming bullish
1) Reverse Head and Shoulders has formed. 2) After price breaks there will be a pullback to the neckline. 3) After pullback , market will continue being bullish. * first tp measured by measuring the top of the head to the neckline
1) Price broke resistance line and i expect a retracement to the 38.2 fibo level 2) the 38.2 level also lines up with previous resistance 3) TP's were meassured in line with the neckline , shoulders and head of the previous reverse H & S
1) Price is at daily and weekly resistance after breaking a previous resistance now turned support (tp 1) 2) Using the Fibo retracement tool , price could bounce back at hit the 3 different levels 3) 38.2 is previous resistance now turned support. if price breaks support then we can expect price to reach the other two fib levels
1) Market has formed a Head and Shoulders pattern. 2) In the right shoulder , a double top also formed. 3) Price shoulder retrace to the neckline of the H&S / M. 4) TP measured by taken measurments from the top of the head to the bottom.
1) Price has broken previous resistance. 2) Price retraced to previous resistance turned support. 3) Support is also the 38.2 fibo level.