Long bias. What a daily close and monthly close!
Long term bearish bias . Sells is preferred . we'll see how.
Similar to the previous two pairs, a fakeout of the trend line was shown, hence bull is favoured.
Again, expecting usd to be weaken, and see how price reacts on this pair.
Expecting a breakout of the Trendline. Just retested the Demand Zone.
Expecting this pair to form another higher low as its Friday night (trap moves/fake moves), and expecting this pair to continue to plummet next week once the price reach 61.8% (blue rectangle zone). Let's wait patiently and see how price reacts.
Price just formed an inverted head and shoulder in the H1 timeframe and it rejects the golden ratio fibonacci level of 61.8% Price also did break and close above the 50 Exponential Moving Average in the 1 hour timeframe. Hence, now 50 EMA has turned into a dynamic support. Price also respected the key support level of 0.7000, hence bullish is expected.
Price just respected 61.8% fib level (golden ratio) Price break and close above 50, 200 and even 800 Exponential Moving Average in the 4 Hour timeframe, hence bullish is anticipated. Price also rejected the key level of 1.3050 and further upside is expected.
Price seems to show bullish signal on the 1h timeframe. Also H4
H4 showing some bullish signal. Now watching how price react with the highlighted blue boxes/zones and also seeing how it reacts with the key level of 1.1750
Divergence formed with RSI in H1 chart Pin bar formed at key level 38.2% fibonacci Price rejected at 38.2% fibo level MA 8 and 21 was being tested and bounce back upwards. Price broke out of the previous supply zone (blue rectangle) and now turned a demand (support) zone Eventually price went back and test the supply / demand zone but fail and now bounce back...