Directional Bias For EURCHF Is Long. Before entering the trade I would wait for break re-test of downtrend and a strong Bullish candlestick close (Daily) However price could kiss trend-line and and carry on falling, but due to bullish momentum i believe this is the start of a upwards trend.
NZDCHF Daily: Directional Bias: Short Scenario 1: Identified symmetrical triangle, price has retested the upper level 3x which shows the validity of the level and that price will fall Target: 0.65850 Scenario 2: Price has been forming HH & HL which indicates a uptrend. Price has broken resistance turned support, expecting price to retest support before...
Supply Zone Identified Clear break of daily trend-line which was identified in previous post Would Bearish movements until daily support.
DXY Daily: Directional Bias: Short Reason: Price has hit daily resistance (retested resistance) Reason 2: Price crossed trend-line and retested trend-line showing the validity of the trend-line. Reason 3: Moving Average crossed with price this in-dictate's price fall. Target: Daily support zone which is 98.81 region This indicates that all Pair's XXXUSD...
Scenario 1: Break of Daily Descending Trend line. Retest the Entry H4 Long Entry Scenario 2: Retouch of Daily trend line, Short to Demand Zone
Scenario 1: Price is retesting previous daily high. If price was to break this level I would target the previous high 0.69200. Scenario 2: Price is currently a daily high, which is also a resistance level. Price could reverse at this level, if this does happen I would target 0.66174 and 0.65028 level.
Price is has wicked weekly resistance, has resulted in price to fall.Currently I'm looking for a short entry on the 4 hour chart, confluence's i'm looking for are a cross of moving average and a break of trend-line. I would also wait for a rest of the area which was broken
Price Currently at 108.357, which is daily support level. Price has held at this level for the past 3 days and would expect a push up towards 111.708, which is daily resistance. Anticipating a drop to the 104.700 region. however would observe once price drops back to support!!!
Description On Chart Overall Bias For XAUUSD Is Bullish
Price is currently at a resistance level I would enter a short position till 0.71442, as I believe price will start to rally up from that leve;