Price has made a double bottom pattern underneath current resistance area. Wait for confirmation candle to indicate price action and market movement.
Price may bounce off of the 0.382 fib level before continuing on an uptrend. Wait for confirmation candle... {USD: red folder news @12:30pm on 11/03/19}
Price seems to be following past market movements. Wait for confirmation candle... {USD: red folder news @12:30pm on 11/03/19}
Potential continuation of a long order. Wait for confirmation candle. Price has been in a consolidation state holding between support and resistance level. Bullish candle around resistance level, wait for price to test and retest the resistance level before entering the trade.
Wait for confirmation candle. Possible sell opportunity.
Daily Timeframe - Price has held between 0.618 to 0.382 levels - Bearish candle has formed below previous bullish candle - Price has tested resistance twice before. - Price may retest the resistance line again before breaking through 4Hourly Timeframe - Confluence around resistance level - Price tested resistance again On smaller timeframes; price has tested...
If price respects the rising wedge, then we should see a market turnaround & reversal to the bearish direction. Price seems to already be falling according to the H1 timeframe but we wait to see a confirmation candle and a retest of the support line. What are your thoughts?
Price tested and retested resistance line at least 4 times at 1.27850 before breaking it pushing to an uptrend. Harmonic pattern identified with highest point of current trend being at the D point. Price tested the new resistance line and the market pushed down. Multiple teacup signals throughout this currency pair. - Wait for confirmation candle! Thoughts &...
EURUSD is a potential buy! Price tested the support line at 1.13372 before and then the market pushed up. It then held the resistant line at 1.15614 and then the market pushed down. Minimal convergence/divergence at 1.13915 (0.618) but then price broke through and continued a downtrend. We are looking for a long order to complete wave 3! - Wait for confirmation...
EURUSD is a potential buy! Price tested the support line at 1.13372 before and then the market pushed up. It then held the resistant line at 1.15614 and then the market pushed down. Minimal convergence/divergence at 1.13915 (0.618) but then price broke through and continued a downtrend. We are looking for a long order to complete wave 3! - Wait for confirmation...
Potential retracement if price retests support level. If this is so - then potential buy order. If not, then false break data point and then a continuation of downtrend (then potential sell order). Still working out the Fibonacci retracement tool.