In the hourly (H1) we see an uptrend and a flag are formed. The important tip is the resistance areas between 127.30 - 126.90. You see in this area is a confusing time of the market. Lets see if sellers can win? If the uptrend was broken don't miss the sell orders. you can set them now if you would like. I set my sell orders in the pink rectangle. Take profit...
As we can see in chart H4, The uptrend is broken. Price is below the EMA. I expect resistance level @126 resists against going up. I set my sell orders in the red rectangle. Take profit target 1 is @125.20 Take profit target 2 is @124.30 Take profit target 3 is @122.95 I hope you enjoy this idea. Please share it with your friends. ❄️ Take care and Stay Home ❄️
As we ca see in the chart H4, EURUSD is developing an uptrend. But I don't see room to run more. so I expect support level @1.2458 resists againt going up. Lets see if we can have a long position near to the uptrend line and set the target fo 1.2458. I hope you enjoy the final hours of 2020 wish your friends and family online :) ❄️ Take care and Stay Home ❄️
The current trend is uptrend. In my opinion there is a strong resistance level that we're going to face. So as you can see in my chart, I think the end of uptrend is so close and it's time to set sell orders after uptrend and support level break. I set profit taking targets as well. Thanks for following my ideas here.
The current trend is uptrend. In my opinion there is a strong resistance level that we're going to face. So as you can see in my chart, I think the end of uptrend is so close and it's time to set sell orders after uptrend and support level break. I set profit taking targets as well. Thanks for following my ideas here.
In this chart I managed to show important support and resistance levels in daily timeframe.
forecast : While the price is above the support 0.9105, resumption of uptrend is expected. We make sure when the resistance at 0.9775 breaks. If the support at 0.9105 is broken, the short-term forecast -resumption of uptrend- will be invalid. suggestion: There is possibility of temporary retracement to suggested Buy Zone (0.9380 to 0.9315). Take Profits: Tp...
forecast: While the price is above the support 14.35, beginning of uptrend is expected. We make sure when the resistance at 15.60 breaks. If the support at 14.35 is broken, the short-term forecast -beginning of uptrend- will be invalid. Trading suggestion: There is possibility of temporary retracement to suggested Zone (2.550 to 2.450). Take Profits: tp...
We can see a double bottom pattern in the hart and thereafter, an upward wave is formed. There is now a second wave is taking shape. I think an ascending trend is forming.