eurzar is finnaly ourisde the resisctanse lince sinco jan 2020. Is this a fake out or break out? let me know your thoughts.
If it fails to break to uppside, we can expect a contiuntion to downside.
EURNZD has M-pattern in daily time frame. Expection ?: i expect it to go upp and confirm the M-pattern and then make a down to downside. And later on form a dubbelbutom and then contiune to uppside to the resictanse line. Fib ret: at 2 last days shows the golden zone at M-patterns confirme zone that is why i expect it to go upp and then make a move to down...
if we break the resistance line we can expect a move to uppside and if we fail to break it we will se a dubbel top and then we can expect a move to downside.
xau usd is currently in a break flag, expect a downside soon.
Next week we will se if it breaks to down side or it bounces and keep going on the bullish trend.
After testing the Support line two weekly time frames in a row, it rejected to uppside both times. In lower time frame such as daily and 4h time frame we can see how it bounces from the support ime , and forming a break to the uppside. Daily time frame : Has made a W pattern, which is a bullish pattern . And the market has closed as if it has confirmed the...
After testing the Support line two weekly time frames in a row, it rejected to uppside both times. In lower time frame such as daily and 4h time frame we can see how it bounces from the support ime, and forming a break to the uppside. Daily time frame : Has made a W pattern, which is a bullish pattern. And the market has closed as if it has confirmed the...
After failing making new high and breaking the resisctance line, USOIL made a strong rejection to the down side and which is now under the line. USOIL closes below under the trend line, Which means its confirming the break out. What to do right now ? Just wait for a nice confirmination to the down side in lower time frames. Becus USOIL tested to come inside...
This week Nor broke Eur down trend by closin green candel, in next week we will see if its a fake out or if its a break. But in my own concullutions of trading, when a candel breaks and closes above or below the trendline it means the trend line is broke. But however next week we will se if its a fake out or if it confirms the break out! The reson why this...
If you look at montly time frame, you can see that bitcoin has pushed to the uppside for very long time without any red candels. and for the first time bitcoin makes a red monlty candel everybody is stressing, panicing and so on. Just please make your own analysis and stop looking for answers and TP on social medias. Bitcoin touched the golden zone 61.8 on...
Simpel charts. After retest and confirmation open a long position.