H4 - The price which is moving higher has created a bullish trend pattern. There are no signs that show the trend is over yet. We may expect further continuation higher after retraces.
H4 - Price has broken above the downtrend line and has also created higher highs. There are no signs that show the trend is over. H1 - Price has created a bullish trend pattern. We have a key support zone that has formed by the 38.2% (1724.29) - 50% (1718.13) fibonacci retracement zones of this bullish trend pattern. Until this key support zone holds my view...
Price is reaching a previous high and has passed the 1.1000 demand and resistance level. Over the next few days EURUSD may trend downward to test that previous resistance as support. Stochastic shows overbought on the daily for the initial downward movement to form the handle. The 8EMA has crossed the 20 and 50 Simple Moving Average to depict a possible trend...
H4 - Price respected the key support zone formed by the 106 psychological zone, alternative trend line, and the 61.8% (106.371) fibonacci expansion level of the first wave we have. We also had a false break of the alternative trend line and the last low, bullish divergence. The price has also broken above the downtrend line and has created higher highs. H1 -...
H4 - Bullish trend pattern, correction is happening currently. Price still has room lower towards the important support zone. H1 - Bearish trend pattern, correction is happening currently. Until the invalidation level at 1.24906 holds, I expect further continuation to the downside.
D1- Bullish trend pattern, we may look for pullbacks and buys. H4 - Currently it looks like the pullback is happening inside a bullish flag pattern, bullish hidden divergence. H1 - We have two important buy zones that has formed. Price has reached the first zone, bullish divergence. Until these two buy zones hold my view remains bullish here.
H4 - Downtrend line breakout, bullish convergence. M15 - Bullish trend pattern, potential bearish divergence. We may now look for pullbacks and then possible continuation higher.
W1 - Bullish divergence. D1 - Bullish convergence, currently it looks like the pullback that we were looking for has happened. H4 - Pullback happened in the form of two waves down, downtrend line breakout and the price is moving higher. H1 - Bullish trend pattern, currently it looks like a pullback is happening, we have two buy zones that has formed. Price has...
D1 - Bullish trend pattern, currently it looks like a retrace is happening, bullish divergence. H4 - The retrace is happening in the form of double wave down, while measuring the first wave we have two buy zones that has formed based on the 38.2% fibonacci retracement zone and the 61.8% fibonacci expansion level and the 50% fibonacci retracement level and 100%...
D1 - Bullish trend pattern, bearish convergence, currently it looks like a correction is happening, price still has room lower towards 38.2% - 50% fibonacci retracement zone. H4 - Bearish trend pattern, currently it looks like a pullback is happening, until the 61.8% fibonacci retracement level holds my view remains bearish here. Invalidation - If the price...
GWO has recently passed the 200MA on the weekly chart signalling a strong reversal in the price trend from bearish to bullish. after price showed a double bottom reversal, the price rebounded to break the resistance and cross over the 200SMA indicating a strong bullish trend. Price showed a similar pattern of a double bottom reversal crossing the 200MA in late...
D1 - Price broke above the downtrend line. H4 - Price has created a bullish trend pattern. H1 - We have a bullish trend pattern in the H1 chart as well. Currently it looks like a correction is happening in the form of a bullish flag, if the price breaks above the top of this bullish flag pattern we may then start looking for buys with more bullish evidences.
D1 - Bullish trend pattern, currently it looks like a correction is happening. H4 - Price has broken above the top of the triangle pattern, higher highs. H1 - Bullish trend pattern, currently it looks like a correction is happening in the form of a bullish flag pattern, bullish hidden divergence. If the price breaks above the top of this bullish flag pattern...
W1 - After a triple cycle, currently it looks like a retrace is happening in the form of a range pattern. Price has reached the 38.2% - 50% fibonacci retracement zone. H4 - Downtrend line breakout, looks like the pullback that we are looking for happened. H1 - Bullish trend pattern, we may now look for bullish setups with more bullish evidences in order to...