The black lower parallel level on watch for support. Very few hope left -probably- under that trendline.
Will that black trendline offer a good resistance level to check? Pattern on watch.
Median Line test, pullback & Wolfe pattern. Update of
Quite interesting level to check for some buyers activity. Take care: the trend is very strong and this is just a theory. Confirmation needed.
Un canale con dei livelli di azione e reazione che hanno lavorato bene in passato e una Median Line. Livelli in osservazione.
Blue Median Line lower parallel test. "Bottom fishing" mode ON . Update of Informational only, not a recommendation to buy or sell any security.
Monitoring this level for a move north, we are monitoring something similar to Press play to see how it worked with AUDUSD This content is purely informative in nature and does not constitute any offer, inducement, recommendation, or legal or tax advice. In particular, the published information is not to be understood to be an offer of sale of any...
Some levels on watch, seasonality could suggest that a move lower is there to come. Monitoring support levels and if they hold.
RSI show a quite interesting bullish divergence. The green Median Line is very early but looks interesting and worth to be checked. Tech reasons but not only: we have also a socio-political crisis going on -right now- in the Ivory Coast which is the top cocoa producer in the world: www.defenceweb.co.za
Lower parallel test righ now, pattern on watch and update of
Good levels to check for a possible bounce there to come. Some pretty relevant reasons: 1) 0.382 fib retrace level 2) prices nearing the red Median Line center line zone 3) RSI possible bullish divergence 1.35 zone... on watch!
Levels and patterns on watch: 1) red down-sloping Median Line 2) HHL black Median Line (channel) 3) Fan levels
Buyers may be back, monitoring today's candle that may have possible bullish implications.
There could be a wide range extension move there to come. The Blue Median Line is early, surely too early... but that pattern will help in case of a medium term breakdown. Educational only.
We are monitoring the upper parallel resistance zone that looks to be working nicely. Update in case of EURHUF back below 306.5 Detail here
One good- easy- pattern to check in case of some tick to the downside.
Let's see if we can give this Median Line a try. Educational only.
Historical low zone for this spread. Bullish candlestick pattern. Platinum industrial use could be on the rise due to the new technologies applications.