Vonskyes

Vonskyes

Looking to catch another supply sell off once confirmation is received at the zone

Vonskyes

We see the Daily Range continuation after the price movement from yesterday. We anticipate that price will return back to the resistance zone 1.29700 where we will wait for a catalyst that will see price breakout of the range. Kindly share your expectations in the comment section whether the price will breakout of the zone to the upside or reverse out of the zone...

Vonskyes Updated 

A range within a range: Anticipating price return to retest the 1.29700 Resistance zone. We have seen a test of this zone multiple times over the last month and it seems to be holding up strong. Once price reaches 1.29700, we will anticipate another reversal. Otherwise, a break of 1.29700 zone will see prices soar to new highs.

Vonskyes Updated 

Price may have found a temporary support at 1.2880. Price may move to continue the daily range or weekly range. Anticipating range continuation or Zone breakout. Waiting for a price action confirmation.

Vonskyes

Double top reversal pattern formation has been completed, once the neck line is broken it is speculated that price will fall below the 1.28117 support area and find new support at 1.27319.