Candle close between yellow lines for around a week before next move up.
Downward Triangle pattern forming on day 1 chart along with double top pattern resulting in potential bearish continuation pattern down to $6,200 (€5,600). Strong support levels marked in blue trend lines. Bullish downward wedge pattern could push price up from these levels to $7,700 (€7,100).
Bearish downward triangle pattern forming on Day 1 chart within a bullish downward wedge. Bears could push price down below 110 only to have the bulls come back and push price above 140
Bearish Regular Divergence can be seen on the 3/4 hour chart
Continuation of Downtrend indicated. Taking profit at strong historic Support Line. EUR seems to be coming under pressure from Bears across multiple pairs
1 Day chart shows Exaggerated Bearish Divergence 1 Hour chart shows Hidden Bearish Divergence
No major forex affecting news stories scheduled for the day. 31/07/2019 @02:30 UTC time = AUD CPI q/q
Bullish: 4 hr chart has shown trend reversal. Hidden Bullish Divergence could indicate continuation of this uptrend. Bearish: MACD at zero heading downside
Regular divergence looks to be playing out over long period, the MACD needs to show a Lower High over next few days. With Brexit 31st October deadline getting closer anything can happen.
Still within descending triangle pattern and showing Hidden Bearish Divergence
Bearish -Descending Triangle -bearish divergence Bullish -At historic support level -30th September expiration date of the offers to exchange (Celgene) could see a trend reversal
Hidden Bullish Divergence seen again hopefully to continue this bull run
Regular Bearish Divergence; only on 1H chart so hopefully just indicative of retracement
Regular Bearish Divergence, only the 1H so hopefully just indicator of retracement instead of trend reversal.