Very interesting situation, we have 9 days of consolidation, so price looks ready to go up if they can pass the price 53,45-58, but also we have second scanario if price goes down 52,74 we will see 52,16 (21EMA). Let's See)))
I think today we can decide a consolidation which have place beginning from 16th of July if we will see price 26.04-08 the price will goes up, because 8EMA controlling the price, and we build a good base for raising up and after we will get a second good trading day! But also I have a second scanario if price will be near 25,87 it means consolidation still...
For this one I'm looking for two ways: first one is the price breaks 609.01 and will goes up and will break 613,40 and we will see this summer new high points))); second scanario that price will goes down 605,94 will be like resistance point and the price will go down. First target will be 597,29 (8EMA) second target 588,80 (21EMA). Let's see.
Today vey interesting day for GE starts from December 2011 because if you take a look at weekly shedule you will see that price didn't goes down 50 EMA it was like a good support, you see last tree days it was testing to goes down but no, so today I hope will be the same situation and after we will get two days of good trading UP. My first target 26,10 and second...
200 EMA is controlling like support line from 3rd of July 2013, so price will go up I'm expecting 4360. And if we will change to weekly shedule we will see that price at the 50EMA - and this is support line from 30th of July 2012.
200 EMA is controlling like support line from 3rd of July 2013, so price will go up I'm expecting 4360. And if we will change to weekly shedule we will see that price at the 50EMA - and this is support line from 30th of July 2012.
This triangle I think will goes down because Sellers are very powerful we can see 200EMA like resistance line, so after few hours consolidation if price will be under 101,521 we will see 101,449. Let's see.
200 EMA our support if price comes to 101,997 than we will see 102,466 and this consolidation that starts from January 2014 will go up.
From 22th of October 2012 - 50EMA like a support (weekly shedule), and now I think will be same scenario and this triangle will go up, my first target is 102,203 - 21EMA and maybe till end of this month we will see 102,466, next target 103,241. Let's see.
Second sign that price will go down. First sign was on day shedule when we saw H&S. Now I see triangle and Sellers are very powerful, I'm waiting for signal to sale 0,93860 target 0,93755, second target 0,93628. Let's see.
In this pair Sellers are very powerful, if we will analysis this pair before, the price everytime near 100/200EMA or bellow. So I think price will go down, but we should not forget about news. I think the price will break neck next week, or this week because of news. Let's see.
This figure remined me your lovely one, on day the price far from 8 EMA so need a rest a little bit, so this figure on 15 min can go down, good price is 25,47 where is 50 EMA