NEED TO TAKE OUT 53.68 IN ORDER TO FILL THE BASE OF THE SYMMETRICAL TRIANGLE. TP @ 54.37
LET'S SEE IF THIS PATTERN MATERIALIZES PRZ IS AT 786 (78.92) OF LEG XA
LET'S SEE IF THIS PATTERN MATERIALIZES
MOVING AVERAGES 20, 50,100 AND 200 ON H1 TF ARE ENTANGLED TO EACH OTHER. A POSSIBLE BREAKOUT ON EITHER SIDE WILL SOON BE HAPPENING.
THIS CURRENCY PAIR IS RANGING BETWEEN 1.224 - 1.333. I SEE A POTENTIAL REVERSAL DURING THE WEEK OR TWO, AS THE STOCHASTIC IS SLOWLY MOVED OUT OF THE OVERSOLD AREA AND THE PRICE IS HOLDING AT 1.233 LEVEL. BUY AREA BETWEEN 1.233 - 1.224 TP1 - 1.290 TP2 - 1.33 SL - 1.188 CREATE YOUR OWN IDEAS AND DONT SIMPLY FOLLOW WHAT I DO. LIKE IF YOU FIND THIS USEFUL
MA50 CROSSED BELOW MA200, BEARISH SIGNAL FOR THIS CURRENCY PAIR. I SET MY FIRST TARGET PRICE @0.9719. EASY TRADE IF THE BEARS CAN BREAK AND STAY BELOW 0.9719... JUST MY TAKE CREATE YOUR OWN IDEAS AND DONT SIMPLY FOLLOW WHAT I DO. LIKE THIS POST IF YOU FOUND THIS USEFUL
BULLISH DIVERGENCE ON A DAILY CHART. PRICE IS ABOVE MA50 AND MAKING A HIGHER HIGH AND HIGHER LOW SCENARIO. I SET MY TARGET PRICE AT 1.1449 (180PIPS). CREATE YOUR OWN IDEAS AND DONT SIMPLY FOLLOW WHAT I DO. LIKE IT IF YOU FOUND THIS CHART USEFUL
I WILL BE BEARISH WITH THIS PRECIOUS METAL UNTIL IT BOUNCES TO MA200...
IF 1.1109 DOES NOT HOLD THEN 1.1096 IS INEVITABLE
PRICE BOUNCED ON THE TROUGH OF THE ASCENDING CHANNEL.
STOCHASTIC FINALLY OUT OF THE OVER SOLD AREA. THE LAST CANDLESTICK WAS SUPPORTED BY ABOVE AVERAGE VOLUME.
THE CURRENCY PAIR IS UPTREND BUT MY BIAS IS STILL ON THE BEARISH SIDE AS PRICE MADE A DEAD-CAT-BOUNCE LAST WEEK AND WAS REJECTED ON AT 618 FIBO. A POSSIBLE BULLISH BAT PATTERN IS IN THE OFFING. POTENTIAL GAIN FOR THE SWING IS AROUND 174.7PIPS. LIKE IF YOU FIND THIS USEFUL... TIA :)
LOOK FOR A POSSIBLE SHORT ENTRY ON A LOWER TIME FRAME. POSSIBLE TARGET IS ON MA50
BIAS IS STILL ON THE DOWNSIDE UNLESS A HIGHER HIGH IS REGISTERED. PRICE HAS BEEN REJECTED ON THE TRENDLINE. EXPECT A DOWNWARD MOVE NEXT WEEK.
BIAS STILL ON THE UPSIDE. PRICE HAS BEEN RESPECTING THE DYNAMIC SUPPORT (60.51). MA200 (60.52) WILL BE THE IMMEDIATE SUPPORT ONCE MA50 IS BROKEN. BUT WHEN IT BREAKS THE TIGHT CONSOLIDATION ON THE UPSIDE, POSSIBLE TARGET WILL BE AROUND 116 PIPS OR 373 PIPS.
PRICE HAS BEEN REJECTED TWICE ON MA50 RESISTANCE. BIAS STILL ON THE DOWNSIDE UNLESS A HIGHER HIGH IS REGISTERED. POSSIBLE 1261 PIPS FOR THE SWING LOW.