A break from the supply zone will give signal that the price will push higher. However, a sell signal from HMA will tell that price might correct since RSI is getting near the over bought area.
Price is forming head and shoulder pattern. short term bullish. Buy in demand zone.
I have sell bias in the market since all signal points to downward momentum.
Buy when price goes and exits the demand zone. TP1 at resistance area. Trade breakout when price breaks and test the resistance area.
Following the trend, the price shows strong uptrend bias. Buy after pullback in demand zone which is also a support area. When price breaks the first supply zone, greater probability that the price will reach the second supply above.
Since price reached supply zone, I am looking at selling this pair next week for price correction.
I have strong buy bias in the pair as all signals point to uptrend momentum. Also, price just broke out of resistance and formed RBR pattern. Buy when price retest support and demand zone.
Price rejected the resistance line. Buy in the support/demand zone after pullback. Since momentum is uptrend, price will most likely to retest the resistance line.
Possible pullback to test resistance and trend line. l'll wait for Sell confirmation in H4. Sell 1 after pullback as long as the price is below ichimoku MA. Sell 2 when price breaks the support line.
Following the the HMA bias and ichimoku MA, price is in uptrend momentum breaking out of the resistance line. However, since the price is in overbought position and hit the supply zone, there is a great probability that the price might pullback before it moves higher again. Another breakout from the the resistance/supply zone suggests the price might 112.000.
I have buy bias in the market following the trend. since price has pulled back in the demand zone, I am waiting for the price breaks out of the zone. Price will most like to test the supply zone.There is a higher probability that the price will continue to move higher when it breaks and closes above the supply zone.
Following the signals, price is showing a shift towards the downside. Sell when price breaks and closes below the support line.
Following the signals, Price is moving to the downside. Sell after pullback from supply zone.
I have by bias in the market since all signals point to upward momentum. Buy after the pullback in the demand zone.