We see that price broke out the descending trendline before retesting the breakout area and pushing higher. My prediction for price is that it will move higher to test 91.400
We see price broke below the higher low in a impulsive manner, confirming a bearish break of structure has taken place. I expect price to retest before eventually dropping to my expected target.
Price failed to break below the ascending channels base and is currently pushing higher. My prediction is we will see price push even higher then my expected target.
Price rose as expected guys, we hit our target level. We see price created a double bottom before moving higher.
Price recently finished the move for the ascending channel it broke out of. My strategy tells me that price is likely going to push higher. However, if price breaks below the higher low zone i will be looking to short BCOUSD.
Price recently broke below a higher low zone and retested the breakout area. After doing so price tested it again and price rejected it again forming what could be a double top formation.
In the chart above, we see price has been moving in a range for some time. We can also see that price is currently at a daily support zone. Price could breakout the range to the downside, which can only be confirmed once price breaks below the support. Buys will be confirmed on lower timeframes like the 1 hour and 4 hour charts.
In the picture above, note that price is in a overall bullish trend. We see price is currently testing a higher low level, price also looks like its rejecting it. My expectation from price is that we will see it rise. However, Monday will confirm all this.
On the chart above, we see price forming a possible double bottom on a daily zone i have drawn. Price has not yet confirmed the double bottom. The double bottom will be confirmed once price breaks above the neckline.
On the chart, we see price has been in a bullish trend since it broke out of a descending channel on the 15th of December. Currently price is at a support level, I will be looking at lower timeframes waiting for price to confirm long entries.
Above, we can see that price could be forming a possible head and shoulders pattern. The potential head and shoulders pattern will only be confirmed once price breaks below the higher low zone. However, if price doesn't break below the higher low we should have our sights on lower timeframes waiting for price to give us bullish entries.
We see here on the daily chart, price is currently at a pivotal zone. We can also see that price is forming an ascending channel, this can be seen as a reversal pattern. However, if price doesn't break out the channel we could see price test the next daily lower high which is at 1.38300. If price does decide to sell we will have to wait for price to break below a...