it has just retested a previous support turned resistance. to go all the way down. note the falling flag continuation pattern. till 94.89
WE CAN SEE A CLEAR DOWN TREND. IF YOU SWITCH TO D1 A CLEAR HEAD AND SHOULDERS IS SEEN. LETS SELL FOLKS
here we can appreciate a falling flag. wait for the breakout and sell.
tripple top noted hitting a major supply zone . to go down. lets sell
it has hit a major resistance area and has formed a reversal candle. lets sell
from a previous uptrend. we hit a very strong resistance, forming a tripple top. we have nowhere else to go but down very hard.
4 hour chart shows a sideways trend . pair is currently on an uptrend signified by a rising flag.
the pair has had a good run in an uptrend. possible head and shoulder pattern to form signalling a reversal. please wait for it.
trade in a downtrend . trading within the channel. double top already formed. so we are looking for a further downtrend movement.
currently on a downtrend due to the BreXit meeting . well after hitting support we might have a long position set up for a couple of days for now let sit back and sell
this analysis was done on a daily chart which already shows a downtrend. there was an uptrend movement of which when we draw our support and resistance and trend lines we see a descending flag which means we will be further on a down trend to the said price. current price action is a strong bearish candle.