Upwards expected movement, previous several supports touched. Pivot points are confirming. Very easy to recognize. Oversold condition on RSI indicator. Good luck traders , hope you have a great trade. Please let a comment below, tell me if about the way of my thinking !
The price had been trending downwards over the last week very violently, but now we can recognize that the price started to make accumulation zone which indicates that it should go upwards on the chart. Also the price can create XABCD pattern and after all the numbers are fitting together. 50% of the Pitchfork setup is very important here because there were...
We can recognize very unstable movement of the price. With setting the Pitchfork, we can see that the price have reached the bottom line, main support level of the price. Also the price is at the edge of oversold condition which indicate that the price should move upwards. With setting some of the major trend lines, we can see connections between them. The price...
The price reached the main resist level few days ago and its going down thru little accumulation zone. The pair is gonna get down to the support level of the parallel channel. If there is a serious breakout, the price will move more downwards to the previous main support level. Good luck traders . ! Please leave a comment bellow !
This pair is going thru accumulation zone between two levels. In the next 2 days , the price will continue this movement. After breaking the support level and touching the highest zone of the pitchfork, the price is expected to move downwards to the main pitchfork support level. Between that road, there will be little retracement on the pitchfork levels. Good luck...
This pair was very interesting this week. The point A and point C are touched by 1.272 fib retracement tool. I cant show you here in just one pic because its gonna look very incomprehensibly. Also, point B is touched by the fib extension 1.272 . The point D can be located on the 1.414 fib extension which is also previous trend resist level. I think is going to be...
The main support is touched and the price is bouncing from the support. It is expected that the price will move upwards to the main resist level. Between that road, the price will do short time retracement.
Drawing the pitchfork can be very useful here. Its showing us a very strong breakout sometime ago. The price is maybe trying to do the same process. You can see TP and SL for short position, BUT read the NOTE careful . Inverse the proportion of the TP and SL and take long position if all the requirements are satisfied. Good luck traders, have fun. !
This pair, over the last week, had been trying to reach the main resist level. Now, the price is reaching the destination. Enjoy the trade. Good luck traders, have fun !
After touching the resist level, the price is expected to go down to the zone between previous support and resist lines.
This pair is going into a new trend. The price will continue upwards after a little retracement up to the previous support line , now resist line . Leave a comment, I need your opinion.!
This pair is creating Head and Shoulders pattern and its expected that the price will move down to the support line of the previous trend that was going on for a while. After entering those trend , the price will continue trending in downwards direction. Hope you had a great trading week ! Hope that the next week will be very profitable for you ! Good luck...
The price is going to break the trend downwards. After that its expected that the price will go back up and test the support and continue down to the main support level .
This pair is expected to get in accumulation zone for about 2 weeks in range of 350-400 pips. The trend that is continuing since the New Year 19 is constantly creating the same structure formations in range of 20 days. All there structures are based on previous year major support lines. Now, its the fourth time creating same structure and if we see the bigger...
This idea is achievable in aspect from every time frame. This idea has great chances to be accomplished. ---- Check this idea and please leave a comment !!!
I think that the price is trying to achieve this butterfly pattern. Looking back in to the structure, we can recognize same structure formation. Good luck, traders ... !!
The price has the momentum downwards and its going straight to the support.
After hitting the resist line, its expected that the price will move down to the main support , just like the previous structure. In this case, there are high probability that the price WILL move down after testing resist level few times. Good luck, traders ... !!