Range trading and if price doesn't break below lower line High probability moving towards median then upper line
Targeting price moving on uptrend channel Expecting break above upper line for bullish confirmation
Looking at range market and expecting moving towards lower line
Still looking at price moving uptrend yet on range between $9k to $10k
Still on strong uptrend but current price still at range Targeting to break resistance fibo 3.82 soon
Price in range trading yet with stronger oil price trend could indicates Canadian Dollar still strong and weakening US Dollar Targeting price moving still on downtrend channel and towards lower line for the next support
Price broke lower line and indicating trade out of the box setup Targeting will move further lower towards next retracement fibo level at 2.618
Same goes to most major pairs ranging market Targeting price moving towards upper line after rejecting previous lower line
This could be only a range trading and seems price is rejecting median and moving back towards lower line
Looking at ranging trend and rejected lower line last night See US Dollar Index (DXY) Intra-day analysis today and seems still weak on Dollar Targeting price could move towards median then upper line
Price in on upper median line zone and reject median & fibo support last night indicating strong trend towards upper line
Previous price rejected upper line and retest failed confirm a reversal Targeting price moving inside downtrend channel and towards median then lower line Indicating weakening US Dollar and still strong bearish
Price is moving on downtrend channel Target towards lower line
Reversal on lower line, target in range and price could move back to upper line
Range trade maybe? or it could drop further let's hold on this range between lower and upper line
If price doesn't break upper line high probability fall back to lower line anyhow still looking at range trade same goes to most of major today
If price doesn't break upper line, high probability price is moving towards median then lower line Still looking at range trade for this week
Price is at out of the box/channel expecting to drop further Target next retracement level 2.618