Context: Strong rallie , nice buying pressure on this par, however we are losing some steam towards @58700 and currently trade towards a former broken resistance level, any sign of strenght returning at this level will get us back on track to test @58700 for good , any lack of strenght returning will lead us back down to test a former broken resistance level...
Context: gained some nice strenght , broke out to the upside of an indecision level but price did respect the "mean" of a Major downchannel and we are currently on its way to test the middlepoint of that broken indecision level, any reaction or lack thereof (breakthru) will tell us the future course of this pair for the time beeing signs of strength : strong...
Context: Price remains in its range (118.6/120.4) the current rallie towards resistance happened after price found suppoert at a former resistance level , the if price will break the demandlines we will see 119.500 tested again any bullish reaction at this level , should indictae further strenght and yet another attempt to test resistance @120.4 signs of...
Context: the rallie is still going , however we whitness a shortening of the upward thrust (high to new high) so we have a lessening of buying pressure towards new high grounds , as a actual result we have a lower high and price is currently on its way to test the 50% level of the actual upmove signs of strenght: strong rallie severeal broken resistance...
Context: price remains in its range , and is on its way to the support level we have some minor reaction @118.9 but the result ended in a lower high , in order to make its way back to test resistance we need to take out the current highs @119.3x any break of the current lows @118.8xx and we will test support again signs of strenght: support holds signs of...
Context: we tested the "mean" of Major downchannel , and price somewhat got rejected , not to harsh as of now, we only broke one demandline thus far so we have a lost some momentum, however any lower high and a break of the next demandline will get us back to @80300 any rejection hear and we can still speak of a strong market signs of strenght:...
Context: This market is still acting stong , any minor pause (balance) ended up in a breakout to the upside and we are on the way to test @58700 , still no signs of weakness in sight. Signs of strenght: strong rallie broken resistance breakouts of balanced areas Signs of weakness: none
Context: Price broke thru the mean of a former indecision level @1355 on increased momentum this par is gaining some strenght , any series of Higher highs and Higher lows will drive us further to the next potential resistance level in this case @5400 and a major supplyline signs of strenght: strong rallie increased momentum broken MP signs of weakness: none
Context: price failed again to take out resistance and is on its way to test support again , so we remain in the range (120.400/118.600) for now , signs of strenght: support holds signs of weakness: resistance holds lower high
Context: The indecision got cleared to the upside on increased momentum, price is currently on its way to test the "mean" of a Major downchannel , any rejection or break on this level will give us further insight on the future direction , for know the market acts strong , signs of strenght: broken supplyline broken MP rejection of MP indecision cleared to...
Context: After price found resistance @1263 a 50% retracement level of the former downmove price also found support @1207 the 50% retracement level of the actual upmove its a tug of war between the bulls and bears, any breakout of that rangebound level will give us hints to the further direction signs of strenght: broken supplyline price found support @...
Context: price remains in its current indecision state, where we currently reside on the upper limit, the future course is determined how that indecision will resolve itself, (breakout to the up or downside) as long as we remain in this behaviour , any rejection of the upper or lower limits may cause a setup, to enter as e currently reside on the upper limit...
Context: price continous its rallie, by breaking a resistance level @5550 , the market is showing signs of strenght since it found support and broke the Major supplyline , if price remains in its current rallie mode we will test @58700 , a correction to test broken resistance yet again may be a chance to get in on a pullback signs of strenght: strong...
Context: after the brief rallie price rejected an MP of 1.1354 , price currently is in a correction and found support @1134 price broke a suployline and is currently rallieng towards its high, it respected the 50% mark of the correction. any lower high will at least get us back to @1200 respectvely @1134 any signs of strenght returning at these levels may...
Context: price continous to stayy within its range of (118.600 / 120.400), we just recently tested 120,140 again, and price rejected there creating a double top, and broke a demandline we currently retest the recent high respectively 120.140, any lower high may cause a further down move till 119.630 signs of strength: support holds rejection of fomrer broken...
Context: this pair is ranegbound with support @118.600 and resistance @120.400 , the actual rejection of res. brought us near support again but still price resulted in a higher low the induced rallie however got rejected @120.140 and formed a lower high , we stay in this range till we left that range for good ;) till then selling and buying at the extremes is...
Context: after a strong rallie price broke a major supplyline, but found resistance @1.555x the correction resulting in that , brought us near the 50% retracement of the rallie, where price now makes another attempt to tackle the resistance level, price formed somewhat near the recent high an indecsion but it resoloved itself to the upside , which is a sign of...