Wait for a break and close above neckline to confirm further bullish momentum.
Info on chart.
Price looks to have found support at initial move down from daily resistance area. Waiting to see what price does at current levels.Info on the chart.
A strong breakdown below current support level would shift biased short in the medium term.
Overall bullish on this pair but expecting a medium-term move back down to prior daily resistance area, now turned support.
Been following this pair waiting for a pullback opportunity. Overall bearish on this pair but if price breaks and closes above short zone on a daily basis then I will wait for another short opportunity.
Price had broken out from long-term range and had a strong close above prior resistance level. Price range of .8-.81 was tested twice. Price tested .8-.80500 first and found strong resistance that brought it back to .78 support level. This first move created the left shoulder of the expected Head and Shoulders pattern. The second test of the price range formed the...
Price had been trending in a medium-long term bearish move that began in early May. Price steadily made lower highs and lower lows on the daily timeframe following typical bearish price action until mid September when price broke from the descending trendline. Price had a short pullback then broke through prior resistance levels, now turned support and started...