YOU COULD TRADE ON THIS LEVEL WHEN YOU GOT THE REVERSAL TRIGER
EURUSD seems to be in a equilibrium price based on the all time chart because many time during some major cycles EURUSD tried to run away from the purple consolidation area but finally stabilized here at this solid rate. recently it broke an strong downtrend to open some space for reaching the purple consolidation zone.
i think if bitcoin break the triangle roof will place in upward channel and reach the middle line. if it went above the middle line of the channel then we might consider it reaching it to the top of it.
with the next coming buying wave the price will touch 19700.
bitcoin needs time.
gold hourly, buying opportunity at price 1900 dollar
After an strong bullish trend , gold's chart reacted to 78.6% fibo retracement and got stuck in a triangle waiting to see if it wants to break the long time support price which is 1920$(on 01 sep 2011).after breaking this price(1920) now it made a downward channel which yet needs validation alongside another channel which provides a dynamic support to help the...
Since '01 JUL 2008' eurusd chart started a downtrend toward a price support area(pink rectangular).trying to break the support for three times, trend finally broke it on '01 JAN 2015' and moved below until it touched fibo extension 1.618(yellow line).after digesting a one year delay, the chart started a minor bullish trend and touched the resistance zone( pink...