The triangle upper and lower boundaries act as support and resistance level.
Blue arrows are for optimistic bullish scenario. Red arrows are just the opposite for bearish scenario.
Classic symmetrical triangle and it's target. Probably bullish for one another week to reach the target.
Classic triangle pattern and it's Target on weekly timeframe.
A symmetrical triangle (green lines) is forming and now EUR/USD is on the bottom support line. Also, 1.5800 area (red dashed line) is a good historical support line within the past year. RSI is highly oversold and formed a hidden bullish divergence (blue dashed line). ROC is on it's support level. Let's see if the triangle breaks on the downside or will it bounce...
Usdollar is having a hard time breaking 12200 resistance. if it can not reach 12300 area (the peak of our imaginary head), then head & shoulder may be seen.
Bullish Hidden Divergence in crude oil. Seems the reversal is close ...
Bullish Hidden Divergence in sugar chart. 3 different indicator for confirmation
USDOLLAR seems powerful and is breaking first resistance at 12200. next resistance will be 12294. The final goal to complete the pattern is 12400-12500 area
Pretty clear in the chart. A bottom Head & Shoulder is highly predictable ...
The support is 48.50-90 ish area
Dollar index will fall based on many technical evidences : 1- hitting to reliable resistance area of 12200 2- Divergence with many indicators such as RSI, ROC, CCI and ... 3- harmonic (imperfect) bearish Gartley pattern first support seems to be 12120 area, and if it gets serious it might drop down to 12000. Good luck trading
It crossed over a declining mid/long term trend line. Somehow breakout is confirmed. it surpassed more than 3% of the breakout point and also more than 1.5 ATR. Now it's overbought is correcting. a Throwback (Pullback) is highly expected to the previous amber trendline. Fibonacci ratios are also acting reliably.