This has been a long respected trend line that price has only managed to break above one. I believe price will once again fail to break above and move to the downside
Price has come to test this descending trend line. Also price is struggling to make higher highs, giving my the idea it is likely to continue its downtrend further.
expecting price to bounce off the bottom trend line and head towards the top trend line
looking for a bounce off the trend line line and for price to go towards the previous high. stochastic appears to show that bearish momentum is soon to end
expecting price to touch the trend line and drop again to the downside. Keeping my eye out for a rejection wick on 1H as it may not reach my sell limit
Looking for a rejection of this 1H support zone . It broke below, just waiting for a retest and confirmation to go short
Had a rejection off the top trend line and is heading the bottom of the upwards channel.Looking for it to break through and continuation to the downside afterwards. I believe it has the potential to move to the 114 area
analysis on chart. expecting price to reject the top trend line and simply take it to the bottom trend line.
GBPZAR has this upwards trend line on the 1H and 4H. it also has a level at the top where price has tested many times and failed to break above.It only seems logical that from this point of touching the trend line that price will test those highs once again. A nice R:R, with a strong chance, that those highs will be tested again
EURNZD currently sitting on a major support level. I believe from this point it will rise back up to the next major price area, as it rejects the zone
with the UK set to ease lockdown, I believe we will see the pound strengthen in the coming week. At the end of last week it dipped below the previous low but I believe it is just temporary. im looking to take it to the top of the previous channel
prie has just creeped above the 50 ema. I will be looking for price to go uptown the previous support zone then potentially have another move to the downside. My SL is at the previous lows however I don't believe we will reach there and will instead go back upto the previous support zone. BTC did see a massive beards move however I believe it will receive from...
The price has fallen below my Trend line on the H1 chart and it currently at a major resistance zone. I believe we will see a big pullback before a further move back to the upside clearing above the major resistance level. USD pairs have been very volatile lately so once about 30 pips in profit I will be looking to move SL to break-even for a risk free trade
I believe Monday will once again be a slow day with minimal movement in the market. As long as the spreads are not high I will be entering this trade. I believe the Australian Dollar will continue its bullish run that it started last week, on the end of money or the start of Tuesday. I have my TP set at the last major resistance zone and SL at the previous...
I believe it will enter back above the TL that it previously broke below. and. will be holding this with a trailing stop util it stops out or reaches the next S/R zone at 0.225. I have got a long term buy on XRPUSD but in the short term I believe it will hit the 0.25 zone then have a strong pullback.