It seems we're ready to profit thanks to the reverse...Now it's struggling in the lower flip zone...look for reverse signals!!!
Beginning of an uptrend and great opportunity to profit! Waiting for the bouncing in a particular spot (number 1) where lot of things happen: resistance turns into support (red line), touch with support line (blue line), round number 0.69, fibonacci level (0.5)!! Enjoy
We wait this moment from the beginning of September and....here we go!!!! Confirmations came with the RSI divergence and the breakout of the support line and EMA previously! 3 targets are highlighted...these are possible zone where the pair can bounce and retracements could happen! Be careful!
Yes it is guys, the little triangle pattern (blue lines) is almost over; as i drew i think it will break downward, after struggling into the rectangular area (more clear into the 4H chart), to reach and bounce on the main upward trendline (support line). Probably it will bounce on the flip line where multiple touches occured. It will struggle with high probbility...
We're close to the bounce on the support in order to reach the higher TP...be careful because the pair could break the support, reaching and bouncing on the flip line!! Great opportunity to go long with little SL! Be careful, before enter a trade, wait ALWAYS for confirmation!
Time for triangle ascendent patter is running out! Good change to go long but be careful cauze the pair could bounce on the flip line i drew and retest could happen! Enjoy
Two possible scenarios are possible for this pair, as you can see, after the breakout of the triangle pattern! I've also highlighted a key level 0.987 (flip line) where multiple touches happened! Watch out for it! Possible target come from daily analysis! Hope you enjoy!
After the breakout of the main uptrend support line, a retest happened! Support is turning into resistance!! Waiting for reverse signals in order to go short with very very tight stop loss and RRR=4! Enjoy