skydansh

skydansh

as we said in previous analysis, this INTERSECTION is a very strong resistance in front of the price to break. after a while she made a consolidator rectangle box in H4 timrframe. from now on, breaking of the rectangle should be our confirmation sign. by mean that we will wait to see a break out of the box. I believe that price has potential energy to rise up. PLZ...

skydansh

1. the price is in the last parts of our triangle which is made by the two important S&R lines (the red & green lines). 2. S&R yellow line which is turned into a resistance. 3. look at the elliptic zone. in this zone we got a PERFECT INTERSECTION, by the two yellow and green line both as a resistance. PUT THEM TOGHETHER: wisely we expect the price will melt. GET...

skydansh

Lets trust on of the most basic concept of our charts, movement & retracement. from the chart its quite clear that the chart mad a high and low in conscience of which we have a Higher High and Higher Low that are formed after testing the yellow line as an uptrend line, marked by violet. on the other hand the price is getting closed to the GREEN LINE which is our...

skydansh

1. THE YELLOW LINE: this is a strong monthly and weekly resistance trend line that has been broken and turned into a support line. now, as it is clear the chart could reach the line and retesting it. from this point of view, we can expect to have a rise in the price. 2. THE RED LINE: which is a long-term S&R line. this line is broken too and getting touched by...

skydansh

everything clear on the chart. confirmation on H1 timeframe.

skydansh

1. PURPLE ZONE: strong horizontal zone. If we extend this zone to the left (past of the market) we'll see that it is very reliable zone. 2. in the previous analysis we said that the price seems to go down because of the HEAD & SHOULDER pattern, marked in white on chart. 3. THE RED LINE: this is a perfect line as an S&R line. as it is clear, the line is being...

skydansh

Everything clear on the chart. take the confirmation from H4 timeframe.

skydansh

MAKE THE CHART SIMPLE AS MUCH AS POSSIBLE. 1. THE GREEN LINE: is a monthly trend that the price has started to decline after touching it. 2. THE RED LINE: the chart could pass this line that was a resistance line. now it's ready to change its function to the support line. 3. THE YELLOW LINE: this line was a weekly down trend line (resistance line) which recently...

skydansh

Everything clear on the chart. confirmation on H1 for sellers and H4 for buyers. good luck

skydansh

1. in the previous analysis we said that the price seems go down because of the HEAD & SHOULDER pattern, marked in white on chart. 2. THE RED LINE: this is a perfect line as a S&R line. as it is clear, the line is being touched as a reliable support for the first time. (long sign) 3. THE YELLOW LINE: this line is a beautiful S&R as the red one which can act...

skydansh

1. after a beautiful CUP & HANDLE pattern, and considering that it is still valid, we expect a rise on the chart toward our targets. 2. she is at the edge of a sort of Isosceles triangle which gives us another important sign of sharp movement. 3. we should also take into consideration that the price recently got rid of the yellow channel, tested it, and been gone...

skydansh

as we said in the previous analysis, the price is almost getting our zone with a little delay and swing. this is time to monitor the chart. more probably the price will react the green line and start to jump up. the targets are marked on the chart for along position. the second possibility, is that she crosses the green line, then we should expect she pullback to...

skydansh Updated 

1. THE RED LINE: which is an important monthly downtrend has been touched for the 3rd time. so we should expect that the price gives us a downtrend. 2. THE GREEN LINES: these are the two lines that make up our weekly channel. as it is clear on the chart, the price made a fake-out of it and get back to it. this is another strong short signal. 3. THE PURPUL LINE:...

skydansh

considering a double top pattern, SHORT IS MORE EXPECTED. but if the chart passes the red line, we should think to long position after a pullback. everything else is clear on the chart.

skydansh

Summary of the previous description: as we said in the previous analysis, the price is moving in a nice weekly channel (red lines). she is trapped in a triangle channel too (yellow lines), which seems its mission is leading the price to the top of the red weekly channel. H4 confirmation. UPDATE: everything is the same as before, but now we can add another line...

skydansh

almost everything is clear on the chart. in this analysis, the most important thing is the yellow and green lines. the price stuck in an elliptic zone in which we can almost see an intersection between the two important zone lines(yellow & green). considering all these, we will probably see an upward trend. confirmation should be taken from H4 tf. this is just an idea,

skydansh Updated 

some very nice points which could convinced me to get it as short: 1. GREEN LINE AND H&S PATTERN: a perfect weekly trend line that the chart kissed it exactly at the top point of the head. 2. BROKEN RED LINE AS UPTREND: the chart could cross the uptrend. test it in its retracement, and started to go down. 3. HEAD AND SHOULDER PATTERN AS THE MOST IMPORTANT: the...

skydansh

EDUCATIONAL DESCRIPTION: we have a purple triangle formed by the two important trend line (lime and red). if we look at this chart considering our triangle pattern only, she touched the red line as the bottom line of the triangle. for buyers it could be very nice opportunity to get into the position, with this in mind that we have already a beautiful H4 time frame...