puli07sanny

puli07sanny

waiting for the breakout

puli07sanny

price broke the trend line and the channel now retesting the trendline.

puli07sanny

price respected the resistance trend line channel

puli07sanny

just in case put a buy stop and a sell stop. If it drops it could go down to 139.200

puli07sanny

waiting for the breakout

puli07sanny

price is at a major support which was broken but however price came back and testing as support once again we could see another push to the trendline resistance.

puli07sanny

price bounced of a major support. buy stop placed.

puli07sanny

clean and simple wait till break of trendline. placed a sell stop.

puli07sanny

I did mention this pair previously but was stopped out at break even but i got in again

puli07sanny

wait for the breakout.

puli07sanny

wait for the price to breakout of the triangle. If it goes short we could see a potential move towards 0.83535 region of support however if it breaks up it could go to respect the trendline around 0.88475 region.

puli07sanny

price respected the trendline and already made its move up in the lower timeframes. Candle sticks closed above the trendline (blue line) indicating that it is respecting the trend line. We could see a potential move up towards 0.71904 level where price broke the support but did not retest as resistance.

puli07sanny Updated 

Head and shoulders pattern on the daily chart also ascending trendline broken and retested. Im going to wait for confirmation before going short. I want to see it break the neckline

puli07sanny

On the chart you can see a thick redline which is the strong resistance where price has respected a lot of times. Most of the candles closed below this line, now again price is at the resistance and the previous candle closed below the resistance indicating a possible shorting opportunity. If you look closely it could also be a double top and if the price drops we...

puli07sanny

As you can see price broke the triangle with a huge move up and its in a consolidation phase inside the yellow box. There 2 possible outcomes. One price will breakout and continue to the 26000 region making a double top or coulde break down and retest the trendline and go back up.

puli07sanny

price made a bullish pole and now consolidating inside the yellow box. Also price is inside the triangle so wait for this breakout as it could be a huge move waiting to happen.

puli07sanny

Price done exactly as i have mentioned on the previous analysis on gold now price is arriving at previous support which was NOT retested as a resistance before. So there could be a possbility that price is just retesting and could drop to 1240 region. Or coulde be a false breakout and price could go upto the 1320 region.

puli07sanny

This weekly chart shows many reasons to go short on this pair. Firstly where price was respecting the pink trendline was broken and retested couple of times (yellow circles). If you look closer, the price is now in an ascending channel (red line) that looks like a rising wedge getting ready to fall after a huge drop. If you zoom in much closer price has broken the...