Moises_Vargas
The price has returned to the level of 0.618 fibonacci, in an uptrend and it is possible that it will recover the trend in this level for the search of new maxima in search of the resistance of 111,200, besides breaking the level of 50 in the RSI in TF m5 upwards. El precio ha retornado al nivel de 0.618 de fibonacci, en una tendencia alcista y es posible que...
Possible continuation of the initial bullish movement, which will be verified when the RSI crosses the level 50 upwards. Otherwise, it will be breaking the previous upward trend that it brought, to start a bearish movement.
Strong support to break of H4. This motivates to work against the trend in the short term.
Failure in the continuation of the bearish movement and divergence in the RSI with possible bullish reversal in the support, to get to touch the trend line.
Possible retracement at the 0.382 Fibonacci level, to continue its bearish path. You may try to form an inverted HCH, you have to be aware of this figure chartist.
The triangle may perform a continuation of the movement and break to the upside, looking for 1.1493 resistance. At this time it is oversold.
It is possible that the price, in an area between laterality, making a small correction downward. Es posible que el precio, entre en una zona de lateralidad, realizando una pequeña corrección hacia la baja.
The price has traded strongly support seeking the support 1.0710 1.0614. You may now make a small re versal, allowing us a long action. El precio ha traspasado con fuerza el soporte 1.0710 en busca del soporte 1.0614. Es posible que ahora realice un pequeño re versal, que nos permita una acción en largo.
The price entered a zone of high resistance, fails to make a new high for what I think may be a window of opportunity for sell.
Although the triangle could be then an important support (1.2292), which I think can be difficult to overcome, so I think it would be in a backward area in the EURUSD is presented.
Possible upward correction before continuing its bearish channel in search of support 135.74.