


fxBIGPAPA
Price still looks to be obeying the DAILY channel, price now at the bottom of the channel. Price showed bullish signs when an engulfing candlestick appeared. Would be looking to buy if all remains the same when the market opens. First target would be 1.69000 which is a significant area that could push the market further down.
Price broke out of 4HR channel, and looks to be in the process of a break and retest . Would only enter if I see break out of support or significant rejection from the area before entering a buy to the upside.
Price looks to be obeying the downwards channel , price broke through previous support and now seems to be retesting support turned resistance before continuing the move downward.
Price has moved to the bottom of the channel on the 4HR , showed signs of rejection at this area followed by a bullish engulfing candlestick . Price overall looks bullish, so has a lot of tendency to go up.
Initial trend on the Daily time frame is a down trend, on the 4HR price broke below trendline support, now looking like a retest on resistance before continuing to the downside. Would be looking to sell if I see more bearish candlestick confirmations.
Initial trend on the Daily time frame is a down trend, on the 4HR price broke below trendline support, now looking like a retest on resistance before continuing to the downside. Would be looking to sell if I see more bearish candlestick confirmations.
Initial trend on the Daily time frame is a down trend, on the 4HR price broke below trendline support, now looking like a retest on resistance before continuing to the downside. Would be looking to sell if I see more bearish candlestick confirmations.