lCrn49

lCrn49

Hello everybody! -On a daily chart, we can see that the price made nice bullish engulfing pattern and then the price went in a bullish direction. -The stochastic indicator is In an oversold area so we might expect that the bulls are going to take control over this pair. -On a daily base, USD is the strongest currency while JPY is somewhere in the middle and on...

lCrn49

Hello everybody! -On a daily chart, we can see that the price formed bearish engulfing pattern, that is a very good sign that bears are going to take control over this pair. -On a Stochastic indicator, we can see that the price is in an overbought area so we might expect bearish takeover. -On a daily base, GBP is very weak while USD is a very strong currency at...

lCrn49

Hello everybody! -On 1 hour chart, we can see that the price is moving sideways in a channel, the price respects support and resistance zones prety well. -We can also see that the price tested support line and then the price formed a nice bullish hammer and then the price started moving in a bullish direction. -I expect that the price is going to keep pushing...

lCrn49

Hello everybody! -On a 1-hour chart, we can see that the price is moving in an ascending triangle and we can also see that the price formed double top pattern. -The double top pattern is a bearish signal so we might expect some bearish movement but we need to consider when the market opens that we might have gaps so be careful and wait for solid confirmation to...

lCrn49

Hello everyone! -On a 1 hour chart, we can see that the price is moving within a descending channel and we can also see that the price made a breakout and then rejected in a bearish direction last few hours. -Now the price is sitting at the resistance line of a descending channel and the price formed a Doji candle. -On a 4-hour base, JPY is stronger than GBP...

lCrn49

Hello everybody! -On a 1-hour chart, we can see that the price tested and rejected the resistance line. -Now we can expect breakout or bounce in a bearish direction. -We can see that the resistance line was tested a few times in the past so I consider that line as a solid resistance line. -On stochastic indicator, we can see that the price is in the overbought...

lCrn49

Hello everybody! -On a 4-hour time frame, we can see that the price is moving within the descending channel and we can see that the price is approaching near the resistance line of a descending channel. -We can expect a breakout or rejection and then bearish movement! -The price is not much volatile so we have a controlled movement. -WHAT DO YOU THINK ABOUT...

lCrn49

Hello everybody! -On the 1-hour chart, we can see that the price is in some bullish movement but we can also see that the price tested multiple(5) times resistance line of a symmetrical triangle and then the price rejected. -We can see that the price is pushing in a bearish direction and we can see that the price is forming a tombstone Doji candle. -WHAT DO YOU...

lCrn49

Hello everybody, I want to share this with you! -On a 1-hour time frame, we can see that the price is moving in a small descending channel. -Right now the price tested and rejected resistance level of a small descending channel, we can also see that the price is near the upper band of Bollinger indicator. -On the stochastic indicators, we can see that the price...

lCrn49

Hello everyone! -On a 1-hour time frame chart, we can see that the price is moving in a descending channel. -We can see that bears are in strong control over this pair. -The price is sitting at the support line of a descending channel and the price is also touching lower band of Bollinger indicator. -This might be an opportunity to buy BUT right now GBP is...

lCrn49

Hello everybody! -On the 4-hour chart, we can see that the price formed head and shoulders pattern, head and shoulders pattern shows us that the price might keep pushing even more in a bearish direction. -We can see that we have strong bearish movement right now, The last 8 hours we can see that the price formed very strong bearish candles. -On a daily base,...

lCrn49

Hello everyone! -On daily chart, we can see that the price was moving in a descending channel and then the breakout happened and the price reached almost 1.5000 zone but then the price was strongly rejected and then the price started moving rapidly in a bearish direction. -Now the price tested support zone last two days and then the price rejected that zone with...

lCrn49 Updated 

Hello everybody, I want to share this with you! -On a 4-hour time frame chart, we can see that the price is moving in a descending triangle pattern, we can see that the price broke through the support line of a descending triangle but then the price returned moving within triangle pattern. -We can see that the price closed with a nice bullish candle and we can...

lCrn49

Hello everyone! -On a daily chart, we can see a strong bullish movement that is because EUR is way stronger than USD. -I expect further bullish movement until the price reaches the resistance area and then I can decide what to do next. -In the past resistance, the area had multiple rejections in that area so I consider that as a solid resistance area. -On a...

lCrn49

Hello everyone! -On a 2-hour time frame chart, we can see that the price reached the resistance area and we can see that the price is rejecting that zone with a long upper wick. -On Bollinger bands indicator we can see that the price reached upper band and we can see that the price is rejecting, on a stochastic indicator we can see that the price is in an...

lCrn49

Hello everybody, I want to share this with you! -On the 2-hour chart, we can see strong bullish movement and we can see that the price reached a resistance area forming a double top pattern(better visible on 4-hour time frame). -We can expect two situations,...-the first one is that the price might continue pushing in a bullish direction and the second situation...

lCrn49 Updated 

Hello everybody, I want to share this with you! -On a daily chart, we can see that the price reached a resistance trendline and resistance area and we can see that the price rejected that area with long upper wick but the price is still in bullish momentum. -On stochastic indicator, we can see that the price is overbought so we may expect that bears are going to...

lCrn49

Hello everybody, I want to share this with you! -On a 4-hour time frame, we can see that the price was moving in a strong bearish direction and now the price is forming a descending triangle pattern. -The descending triangle is a sign that the price will very likely continue falling in a bearish direction. -We can see on lower time frames such as 1-hour time...