JohnnyPurtoy98

JohnnyPurtoy98

The daily graph is showing something completely different to the weekly, the daily graph is showing that the price may not be able to breakout this triangle on this attempt. This can be seen by the overbought signal that is being seen as the price gets closer and closer to the resistance level of the triangle. I would keep everyone updated on any signals that I am...

JohnnyPurtoy98

The price has managed to push towards the resistance level of this channel. This is looking very promising, the RSI is in a good position for a bullish move. But if the price fails to breakout at this point the price would move down to the support of this triangle.

JohnnyPurtoy98

The price has been forming a very large symmetrical triangle pattern, this pair needs to be watched carefully to see which way the price would breakout this triangle within the coming months.

JohnnyPurtoy98

A second bearish flag has started to form on this currency pair, the first had a strong drop in price after the pattern had fully formed. I believe the same will happen for this bearish flag, I think once the pattern has fully formed the price would take another big hit. I will keep everyone updated about any signals on this currency pair that may occur over the...

JohnnyPurtoy98

A bullish pennant has started to form after a significant bullish move in price. This bullish pennant is showing the strength that is needed from the price to break this very strong resistance level, there is a very high chance that the price would make substantial gains in an upward direction once it breaks out the bullish pennant and the resistance zone.

JohnnyPurtoy98

The price seems to be in a steep bullish channel. This price has managed to reach a level which has previously successfully held as a strong resistance level, if the price is able to break this resistance level then we should see substantial bullish gains. But if the resistance level holds this might cause the price to break out the bullish channel, this can lead...

JohnnyPurtoy98

After the price broke out the support line of this bearish channel, the price moved back up to test the broken support which is not acting as a resistance. The failed retest of the broken support had shown that the line is now acting as a resistance level. It now looks like the price is going to be making more bearish moves.

JohnnyPurtoy98

Looks like after a bearish period the price has started to consolidate and form a rising wedge. The price is very likely to breakout the bottom of this rising wedge, this can also be seen as the RSI is in a very good position for a downward movement. The price has just tested the resistance of the wedge and is very likely to move down towards the support, watch...

JohnnyPurtoy98

Looks like the price has once again bounced off the resistance, the price looks like it would make a move further down towards the support line of this bullish channel. Look out for signals pointing to a breakout of this channel, it is very likely that this channel would breakout the top through the resistance level, this is because the price has tested this...

JohnnyPurtoy98

The price looks like it has formed a double top within the bullish channel, this pushed the price to breakout the support line of this channel. The price currently looks like it might be making its way back to the neckline of the double top and a bounce should occur sending the price in a downward direction.