nickh3883

nickh3883

It is bouncing between the support and resistance beautifully which means it will break through at a long pattern. Currently it shows a descending triangle patter so be careful, it could go either way. The wicks are what is showing me bullish.

nickh3883

At first I was suspecting this to be bearish but after finding the patterns and watch the wicks I have realized it is going bullish. The concern is how strong bullish but time will tell.

nickh3883

Depending on which time frame you look at you can call this a bullish falling wedge or a bullish pennant pattern. Either way the keyword is "bullish". I expect it to very quickly go up. Look for a big climb here.

nickh3883

This is a tough one. It is forming a Symmetrical Triangle which could go either way. I see this being a correction upward for a small amount of time and then continuing on the downward slope. So look to make a quick dollar or two but close that position quick until it tests the other zones and starts it way downward.

nickh3883

I noticed a long bottom wick which is creating that upward correction into the next zone which forms a bearish flag pattern. Once it tests that zone I see it dropping at least two zones down.

nickh3883

I'm looking at a symmetrical triangle with a slight double top. With it retesting in between zones so much the past few days I see it going bearish. I'd sell when it reaches the next major zone. Assumption would be a major collapse to this position.

nickh3883

I see a potential in the next few days for a clear sky rocket. Let's hear what you think!

nickh3883

With the sharp drop in price and still in the middle of a possible bullish expanding triangle and a new zone it is too soon to tell but looking like a good chance to buy when the price hits a low low. Thoughts?

nickh3883 Updated 

A basic idea of a short analysis. I believe with the minor shape of a bullish expanding triangle with a long wick including in that shape will set tone for a correction and then a slight price increase until it hits the new zone. This position will be a gamble with how inconsistent it has been lately.

nickh3883

With a long Bearish rising wedge and the price stabilizing in the zone I see there being a price correction and then an immediate drop. Thoughts?

nickh3883

This is my first ever published analysis. I have only been into the forex world for a month so be gently but be honest. What does everyone think? I predict a bearish expanding triangle with a drop in price also correcting the low low that occurred last week. I know it is basic but it is amateurs start.