The pair is in a bullish momentum. If we look it on the shorter time frame we can notice that the price has retrace to the Golden Zone (50.00 - 61.8 Fib). For the meantime I will look for long opportunity until the the completion of the bearish harmonic pattern. When the pattern will be completed I will then look for short positions on the weekly timeframe.
After many months of bearish momentum the pair is finally approaching a possible buy level. We can notice as well the formation of a bullish harmonic pattern . We will look for buy opportunities as soon as the price reject the gold level. TP is set to the 61.8 Fib
After a long downtrend the price finally formed a Harmonic bullish pattern . We can notice as well that the price is currently testing the Monthly lowest support level. We will look for long position on the lower timeframes, any rejection of the gold level could be consider as a buy opportunity. TP 61.8 Retracement
After many months of bearish momentum the pair is approaching a possible buy level. We can notice as well the formation of a bullish harmonic pattern. We can look for buy opportunities as soon as the price reject the yellow bar level. TP is set to the 61.8 Fib
After a long downtrend the price have formed a bullish pattern. The price is currently testing the Monthly lowest support level therefore we can look for long position on the lower timeframes. TP 61.8 Retracement
Bullish pattern formation on the Daily chart. I will be looking for long position on the shorter time frames. TP 61.8 Fib
We can see a bearish pattern formation on the daily chart. As well from the candlestick we can notice indecision and bulls losing power. So we can look for shorts with TP at 61.8 Fib retracement.
We can see from the chart a bearish pattern formation on the monthly. We can immediately look for short opportunity on the shorter time frames. TP 61.8 Fib retracement.
As mentioned in the previous analysis the pair have formed a bearish pattern on the Monthly timeframe. Looking at the 2H chart we can see that the price failed to break the resistance level and formed a rejection wick. Therefore we can immediately look for shorts positions. The first take profit will be the 50 retracement level ( which is perfectly aligned with a...
As mentioned in the previous analysis the pair is approaching to the formation of a bullish pattern. In the meantime, looking at the 2H chart, we can see that the price is below the 200 SMA. In this case we can wait the formation of a new LH an the price to retracing on Fibs levels before to take any short positions.
The pair is near to the formation of a bullish pattern. For the time been we can looks for short opportunity until the price will reach the level of 0.88806.
The price has posted in the previous idea have formed a bearish pattern on the bigger time frame. Looking at the 2hours chart we can see that the price have stopped out on the small support area. For short entry we will wait for a retracement to the Fibs levels ( with the possibility of an H&S pattern formation) as well we will wait for the formation of a lower high.