Light Blue line is my 1st target and baby if it breaks that we gonna be popping bottles with all kinds of bitches!! xD
I can see that price has already bounced off of the support found on the 13th Dec A buy would be likely to the previous high found on also 13th Dec at around 2.03840
as you can see price should continue to show bullish pressure and then hit the resistance and fall down to the next support area. You can confirm reversal using key price action patterns
Here as you can see I have found a potential SELL on EUR/USD seen on screen above. Reasons for this are that that on the Fibonacci retracement tool, the price has fell below the 61.8 and is no retesting the 78.6, due to this I believe a sell is very possible. However, if the price successfully retests, we could see a reversal to the 61.8 which would be a BUY...
Here you can see my technical analysis on USDCAD for the week ahead, there seems there may be a range forming between a recent high and a resistance that has been tested many times which has given a strong resistance - in this case I believe that it will have turned into a support bouncing off the trend line I have fond on 4H and the support/resistance I have...
As you can see above, i have found a wedge pattern forming on the graph which has successfully broken out and even retested the resistance which has turned into a support. i believe that from my entry the pair is likely to retrace to .99288 and then once again bounce as this seems to be a fairly strong resistance in the past; this would also match the relationship...
Okay so this is my first publication on trading view... There are two reasons which lead me to believe that there is a possible SHORT entry in place on EURUSD. As you can see on the graph i have provided there is two sets of 'Tweezer-Tops' have have been formed, these are both strong bearish indications. secondly, as seen on the (14,3,3) Stochastic Oscillator,...