The price is predicted to fall, when it reaches over 2525 . Short position is probable if the reversal patterns appear.
Predictibly, the price has approached to a key level area; indeed, a determining level which my prediction is that the is likely to be pushed down and reversed.
It is waiting time . watch the pair and the decsion time comes . Can go buy when double bottom is formed
seemingly the price is approaching to last higher high wherein it may scalate or plung and see to the ceiling of daily channel and weekly resistance. Wait and jump in!
my analysis is that it will fall as it has reached to a decisive point where there are daily resistances and trendline which technically push the price down. however there is a tiny possibility of 20% which the price may break the resistance and go up
THIS is a head and shoulder pattern as well as a pullback to the trendline . it is a perfect time for long . however , be careful about the fundamentals
usdcad is zigzaging between two dynamic trendlines which gives an excellent risk to reward ratio if entered appropriately. Now it is better to wait for the price to reach at low of the trendline and then can go for long.
there will have been a head and shoulder pattern for cable which is likely to reverse the price. in the mean time there would be a pullback and to the 4h trend line . this is just an assumption act on it with more confirmations
there is a high probability of going upward as the trendline is broken and pullback is completed, if fundamental news do not hit your sl i go long
A triangle is forming in GBPJPY which either breaks upward or downward, in either case a perfectly good Risk to Reward. Wait for pullback and then can go long or short.
the analysis for cable is that it is about to break out the resistance area. After pullback we can go long; however, the next resistance is determiner which could lead to reversal or continuation.
the price is at the roof of its short term channel and the odds are high that it will go up to the ceiling. The candelistic confirmation is verified too.
Bitcoin is probably on the retrace for making bigger drops, but it is also possible that the reversal had already happened. You can combine the DXY technical analysis with bitcoin.
The price has reached to a decisive resistance area wherein it is either rejected or broken out. In either case, be prepared for both scenarios.
in the previous chart I analysed that a bear trend was forming hidden as head & shoulder pattern. As you can see the price fall dramatically; however, in the long term the trend is uptrend and all of these are considered a retrace, making the price ready for meeting 140 $.
in the previous chart I analysed that a bear trend was forming hidden as head & shoulder pattern. As you can see the price fall dramatically; however, in the long term the trend is uptrend and all of these are considered a retrace, making the price ready for meeting 140 $.
My prediction for cable is that the price islikely to fall a little then the price may reverse. however this is just assumption an more evidence is needed to confirm the prediction veracity.
This is updates to my previous analysis. Aussie dollar has reached to a decisive trendline which either breaks out and goes up Or goes down. Waiting for more confirmation ;However, the possibility of uptrend is 70% and down trend 30%.