Eurnzd WEEKLY:we in an uptrend, we have higher highs and lows.at the moment we can see price hovering around the resistance zone. we have a shooting star candle which indicate rejection in that zone.price is about to start pulling back on weekly time frame DAILY: we have price broke through 1.74816 monthly zone and there we have a bearish engulfing candle which...
i see a flag price pattern which is about concluding it break-out to the downside as price is showing price action at the weekly resistance would be looking for shorting opportunity if price couldnt break the resistance and if price thus break the trendline support of the flag formation... will be waiting for A RETEST and a bearish engulfing candle for sell signal
price is currently reacting to trend-line support zone.. on weekly time frame price formed an hammer candle on daily time frame.. which indicate bulls arrival in the market i see a golden cross occur in line with a bullish engulfing candle which indicate buying momentum on 4hours time frame
price is currently on a weekly trendline support.. also price is currently reacting to that level.. will be looking for a buy opportunity on 4hours time frame