The price is retracing and pushing back up to the weekly levels of support and area of interest where the buyers and the sellers have been fighting in.
The price has reached the weekly trendline and approaching a heavily contested area where the price had previously rejected off of. The fib indicates a 76.8% level as well to support the potential bullish move
Potential trade idea for the upcoming week. The price has been in downtrend and has expecting a pullback to the 50% fib before continuing its momentum back short. It also has a possibility of making its way within 61.8%.
The overall trend has been bullish once again towards the end of March, as HH & HL have been created. Expecting the price to reject off of the trendline and push back up.
Same setup as previous idea posted with the outlook of the price now being exhausted from retracement before seeing the price push to the higher level.
The price ended up rejecting the half quarter level and continuing to make it's way back up to the upside as the trend is still long overall.
Expecting the price to reject off the previous levels of resistances as a point of liquidity zone.
The overall long term trend has been bullish for weeks and the price has retraced below the 200 ema. Expecting the price to surge back up this week.
The 20 ema has crossed over the 50 ema. The structure is looking like the 200 ema will be crossed over as well. Expecting the price to reject off the liquidity level and then drop.
Small scalp back to the recent points of areas where the price has wicked from at 1.31250.
The price has rejected of the key levels of 1.30000 multiple times as well as the lower high being created during the NY session. I expect the price to go to the next level of 1.31250 soon.
The emas have already made a crossover to the downside as 20 ema crossed over the 50 ema
The emas are starting to expand as well as the fact that the price had wicked off the 50 ema
The ema crossover is starting to form and price has wicked off the 20 & 50 ema.
The crossover of the ema has been made. The 20 ema has been acting as moving support as well.
The price has reached exhaustion point in terms of RSI's oversold levels. The crossovers of the emas are beginning to form.
The price couldn't break the previous key levels, has shown exhausted levels from the RSI.
The price has started to bounce up from the key levels of 1.31250 and now making it's way back up. The RSI also shows the exhausted levels which is a good buying point