Price was pushing up impulsively and topped out creating a level at 160.050. Price then pushed away from that level and came to retest that level with a big impulsive wick forming some sort of a double top formation on that resistance level on lower time-frames. I am anticipating price to push and potentially break below that support level it created and retest...
The market is currently at resistance however I am looking for price to break above and retest that level as support and continue with the bullish momentum.
The momentum for this market has been bearish for a really long time. As of the daily time frame the market is currently testing support. Following that the market formed a clean downtrend to create a double bottom on the 4hr chart. Currently, the market is within an expanding pattern in the form of a consolidation and I am looking for a break retest to...
Looking for price to continue dropping after retesting the resistance zone and breaking through the trend line
Looking for price top potentially retest level and continue with the bullish momentum
Looking for gold to potentially continue with the bearish momentum as it broke below the support zone and came back to retest that zone as resistance.
Looking at the market to potentially consolidate, break above the consolidation and continue with the bullish momentum
Looking for bearish momentum below resistance 137.650 or potential for a continuation on bullish momentum above 137.650
Price created a continuation flag from the uptrend. Currently respecting and rejecting off the 0.50 Fibonacci zone. Price also created a strong level of support which price has rejected from that zone a lot in the past. Anticipating price to head higher. Buy entry @ 33450.65 Stop Loss @ 33360.65 Target @ 33853.44 RR ( 1 : 4.4 )
Price created an descending channel and broke out of the channel and above the previous high. A retest was likely to occur and be respected in anticipation for momentum to continue up. Price also respected the 0.618 Fibonacci Long. I will be changing my bias to sells if price breaks below the major support at around 151.335 and 151.217 Buy Entry @ 151.808 Stop...
Price respected the 0.618 Fibonacci anticipating price to rise higher. Buy Entry @ 33465.65 Stop Loss @ 33343.11 Take Profit @ 33848.04 RR (1 : 3.12)
I have made a technical analysis on the pound against the yen, I am anticipating sells on this pair because price has price has be rising in some what of a channel on the weekly and Daily timeframe. On the 4hr timeframe it has been rising in the form of a rising wedge indicating a possible reversal at an area of significance in this case it has impulse downwards...
This market has been trending up for some time creating higher highs and higher lows. It has broken above the high it has made around 92.866 and is now retesting that area as a support in the form of a flag. Price has also respected the 0.764 Fibonacci zone and shown a shift in momentum on that area. the candle after the strong bullish candle has rejected the...
From the analysis I have made and the technical information I have gathered, I am anticipating sells on this pair because price has impulsively broken out of the range it has made (around 1.38336 and 1.40047 ) and is now retesting that range as resistance. For added confluence I have identified that price has rejected of the 0.50 Fibonacci Short on the Daily...
Price created an expanding continuation pattern on the 1Hr timeframe. It has broken below the area 0.70240 and retested it as resistance together with the fact that it is respecting and rejecting the 0.382 continuation Fibonacci as well as touched the 0.50 zone, price should fall pretty decent from the analysis. To add on to more confluence price has also created...
Price has been trending to the upside for some time creating higher highs and higher lows. It broke above 0.94153 and retested it as a support. This is also an area of significance because price has respected the 0.618 Fibonacci long anticipating a rise. I am expecting price to reach 0.95467.
Since price is in a strong uptrend and the momentum of this market is clearly to the upside, I have taken a trade on the 0.50 Fibonacci long in anticipation that it would rise. Stop loss @ 33287.95 Take Profit @ 33473.66
Price has been on a strong uptrend and the momentum is to the upside. Price broke above the high it created at around 13332.0 and is now retesting that area as support. Price has created some what of a double bottom on the support area and is respecting the 0.618 Fibonacci long. I'm anticipating price to rise pretty well. Buy Stop placed @ 13344.8 Stop Loss @...