Price is range-bound. Opportunities from breaks?
Bottom of a ranging trend channel. If price breaks above resistance then triple bottom pattern is confirmed and we can see further recovery in the Indian markets,
Price has moved to the top of the downward channel. Immediate target 200 pips long term target 400 pips.
Overall downward channel. Price to hit the missed monthly pivots and then move towards the bottom of the channel.
Price breaks above stron resistance trend line. Retest and enter long.
Pretty self-explanatory chart. Price at a historic support level from the early 2000s.
EURGBP Price has Weekly S1 and broken above trend line. Im going very long with this one.
Price has hit S3 - which means if it breaks above trendline then there are good chances of reversal and upside. Although the price has hit S3, it has also broken below the support line - which means further downside is imminent if the price doesn't break above the trend line. Supply and demand for oil driven by Coronavirus pandemic is the major deciding factor...
Price touches R3 indicating reversal/downtrend. Break below trend - confirmation. Where is the support though?
Price finally hits R3. Look for reversal indicators or suitable resistances to enter short positions.
Price broke above the downtrend. Bullish divergence on on-balance volume.
New Indicator! Actually its pretty old. Just doubled the parameters of Ichimoku cloud. Ideally to be used on lower time frames but due to price consolidation and higher volatility im using it on the 2H chart which would take out most of the noise. With British PM not doing well and taking a typical coronavirus patients path, there is a very good chance EUR would...
Strong downtrend. The price tested resistance and is currently at the daily pivot. Further downward to 1.06 if it doesn't break the trend line or shows any reversal indicators. EURUSD