lCrn49

lCrn49

Hello everyone! -On a weekly chart, we can see that the price was moving in a very strong bullish direction, on a lower time frame such as 1 day and 4-hour time frame charts, we can see that the price had a rejection on Friday so we can see that upper wick. -We can see that the price was sitting on the resistance area and we can see that the price formed a very...

lCrn49 Updated 

Hello everyone! -On a 4-hour time frame, we can see that the price tested multiple times support area and then the price rejected and started moving in a bullish direction. -If you put Fibonacci retracement you will see that the 50% level shows great resistance and if the price continues moving bullish we may expect retest on a 61.8% or 50% level. -Today the...

lCrn49

Hello everyone! -On a 4-hour time frame, we can see that the price tested multiple times support area(yellow area) and then the price started moving in a bullish direction. -Now we can see that the price is near the yellow resistance line and we can see that the price tested that line and then rejected. -We have few options to happen, first, one the price may...

lCrn49

Hello everyone! -On a 4-hour time frame, we can see that the price broke through a yellow support line with a strong bearish candle. -I consider the yellow support line as a strong support line because in the past we had plenty of rejections and now that support line is broken. -I expect that the yellow support line will be new support if the price test that line...

lCrn49

Hello everybody! -On the 4-hour chart, we can see that the price continued i bearish direction. -Now we can see that the price rejected the "support area" and the price closed with a bearish candle with a long lower wick(on 1-hour chart). -We can also see that the price is moving in a small descending channel(on the 1-hour chart is even better visible). -WHAT DO...

lCrn49 Updated 

Hello everybody, I want to share this with you! -On a 4-hour time frame, we can see that the price formed a solid head and shoulders pattern, head and shoulders pattern is very solid confirmation to take a short position(sell). -On a lower time frame such as a 1-hour time frame, we can see that the price tested multiple times neckline(blue line) and then rejected...

lCrn49

Hello everybody! -On 1 hour chart, we can see that the price formed a double bottom and then the price started moving in bullish direction. If we put 22 periods EMA on the 1-hour chart, then we can see that the price tested 22 periods EMA and then rejected,... -On a 30 minutes chart, we can see very nice retests and rejections on the yellow support line. -The...

lCrn49

Hello everybody! -On a daily chart, we can see that the price was moving towards the supply zone and then the price rejected. -On lower time frames such as 4-hour and 1-hour time frames, we can clearly see that the price tested that zone multiple times and then rejected. -I consider the supply zone as a very strong zone because in the past we had plenty of...

lCrn49

Hello everybody! -On a 4-hour time frame, we can see that the price tested both support lines, yellow and green support lines. -The green support line is a support line of ascending channel and the yellow support line is strong horizontal support, I consider yellow support as strong support because there we had lot of rejections and retests. -In the past days,...

lCrn49

Hello everybody! -On a daily chart, we can see that the price reached strong support line and the price is close near the support line of ascending channel, we can also see that the price is moving in a bearish direction. -On a 4-hour time frame, we can see that the price tested multiple times support line(yellow line) and then the price rejected with long lower...

lCrn49

Hello everybody, I want to share this with you! -On a 4-hour chart, we can see that the price formed some not symmetrical head and shoulders pattern and we can see that now the price is testing a blue resistance line. -We can see that the price tested multiple times that resistance line and then, the price rejected. -On a lower time frame, we can see that the...

lCrn49

Hello everybody! -On a daily chart, we can see that the price last week was moving in a bullish direction until Friday and then the price went down strongly bearish. -On a lower time frame such as 4-hour time frame, we can see that during Friday the price was moving strongly bearish and last 4-hours of Friday we can see that the price closed in form of a small...

lCrn49

Hello everyone! -On a daily chart, we can see that the price closed with a strong bullish candle with a small higher wick. -On a lower time frame such as a 4-hour time frame, we can see that the price broke support line of a triangle pattern and then the price rejected with the next bearish candle that closed a little bit below the support line of the triangle...

lCrn49 Updated 

Hello everybody! -On a weekly chart, we can see that the price tested and rejected the resistance line last week and this week also. In the past, we can see that we had mučtiple touches on that resistance line(yellow line) so I consider that line as a strong resistance line. -I expect that next week the price will start the day with bearish movement and I expect...

lCrn49

Hello everybody, I want to share this with you! -On a daily time frame chart, we can see that the price is moving in the ascending channel and we can also see that the price is a little bit above the yellow support line. -On a lower time frame such as 4-hour, we can see that the price tested yellow support line and then the price rejected and started moving in...

lCrn49 Updated 

Hello everybody! -On a weekly chart, we can see that the price close this week with solid bullish candle BUT in supply zone, we can see that the price was tested and rejected so we may expect bearish movement next week BUT first, we need to analyze fundamental analysis and then we can have more conformations to see what to do next. -I expect that next week will...

lCrn49

Hello everybody! -On a daily chart, we can see that the price was moving within the triangle pattern and then the breakout happen before 3 days and until today the price was moving in a bearish direction. Today the day started with strong bullish control over this pair. -On lower time frames we can see that the price is moving strong bearish. -On a daily base,...

lCrn49

Hello everybody! -On a 4-hour time frame chart, we can see that the price went from the support area in bullish direction until the price reached the yellow resistance line and then the price tested that line and started forming bearish candle. -On a lower time frame such as 1 hour, we can see few retests and rejections and on a higher time frame, we can see that...