We see that price is getting close to it's long time trendline. The confusing thing about it: price violated structure in the process. First price broke an important trendline(green) and then an important resistance. What do you guys think? Where is price heading?
Price failed to break out of his channel (better see daily chart). Expect a down move to the next significant resistance. Good luck
We have a potential bearish butterfly pattern on weekly chart and price just hit C point of pattern + resistance.
On Friday session, price broke into resistance zone but could't hold the 1,104 level. We see price is beeing pushed back significantly and even a price gap to the downside. I expect a move down to retest the trendline before going up. Good luck
Price bounced off long term trendline, retraced on .618 fib and is now showing an up move
Price hits trendline, got rejected serveral times and a bearish butterfly pattern has formed. Good luck
Price bounced off trendline/resistance zone/fib level.Since price broke an important trendline to the upside today, I interpret this as the start of a bullish trend. Price is likely to pullback to trendline and then shoot off. But let's see what the NFP news tomorrow will bring. Good luck
Goldprice broke out of a long lived channel and recent resistance.
I buy/sell breakout from this triangle. I'm really unsure how price will react due to the development on eurusd/gbpusd and the recent breakout (will price pullback or consolidate&go?). Either way, good luck.
Price broke wedge pattern. I'm already long because of recent usd price action but it's safer to wait for candle close above wedge/resistance (your choice). Good luck
Price broke important trendline and minor resistance. SL closely to minor resistance and TP on .382 fiblevel. Good luck
Price broke out of channel. long opportunities for all XXXUSD pairs and vice versa
Today we have ISM report. The last 3 reports were positive and rising (48,48.2,49.5). Will this continue and give new strength to the dollar? What do you guys think?
Price pulled back to significant resistance/.618 fib level. Hard to tell how far it will go down. Set tp closely above .382 fib to play "safe"