be ready to open long between 1845-1885 😉⏳ Until next time
Price gained strength after it touched the major support . . . We deserve that price going to reach a franc... . So we are looking for long positions for several days. We can go long after price correction. ( short term ) we can go long after price break above the bearish channel. ( long term )
We may have a bullish pennant in Monthly timeframe . . . AND . Seems like Bulls are getting power. But don't long now ! Only go long if price break the yellow trend line. ( MONTHLY CANDLE ) . . . HERE IS THE WEEKLY CHART.
Price seems like moving in downtrend as price broke the bullish trend line. . . We are waiting for correction move to the upside,.. open short BUT with proper RISK TO REWARD ratio. . . There is a chance of bullish rectangle by the way. so take your profit wisely.
Price broke the trend line, Also faild to create a new high. . . . WE DESERVE THAT Price will drop down to 23$.
As USD gaining power and price is in the resistance, WE DESERVE price drop to the nearest SUPPORT area.. . . There is divergence in MACD daily TF. . . WE CAN GO SHORT IF price break the blue trend line.
Price rejected the major resistance area. . . BUT there is no divergence at this area. . . . WE CAN GO SHORT after price break the blue trend line and the bullish channel.
Price rejected the resistance area in daily TF. . . Divergence found in daily TF. . . . Price could drop to 0.70800. WE CAN GO SHORT IF price break the trend line . . . THERE IS A CHANCE THAT WE GET LAST KISS TO THE RESISTANCE .
Price is in a downtrend and moving towards the major support. . . . Divergence faild in daily time frame. . WE CAN SETUP SHORT when price break the structure.
Price reached the major resistance. . . . We have divergence in daily time frame. . . .ONLY GO SHORT IF Price break the trend line. . . . There is a chance that we have a double top.... . . ON THE OTHER SIDE we can setup long if price break the resistance.
We are waiting for price to reach the support area then we can deside to go long or short after our sell positions taked profit. . . . . And there is a chance of breaking the last swing low. . . . . WE can check for divergence on the support area.