LeTigre75

LeTigre75

On weekly chart, price refuses the median and there is still divergences...

LeTigre75

high probability for bullish due to price refuses to go below the pitchfork's median and the bullish divergence on RSI

LeTigre75

waiting for the next higher low

LeTigre75

In total contradiction with my previous idea on cypher pattern for this pair.

LeTigre75

bearish until the pattern completion

LeTigre75

Looks like a cup and handle figure chart

LeTigre75

Potential cup formation, not sure about the handle form...

LeTigre75

potential bearish butterfly

LeTigre75

Potentila bearish pattern, long until T1 and/or T2

LeTigre75

Potential bullish trend continuation given that the support at ~50.33 and the pitchfork median

LeTigre75

potential bearish cypher pattern

LeTigre75

Need to wait for next H1 candles to confirm be it could be a double top.

LeTigre75

Two different scenario : - going down direclty - or going up to cross resistance 12236 and then break support

LeTigre75

The same on H1, there is a hidden bullish divergence on the RSI

LeTigre75

If it doesn't break the 1.0782 support level Note also bullish divergence on both RSI and Stochastic.

LeTigre75

Price seems to be blocked between past gap resistance and pitchfork level support...

LeTigre75

pitchfork shows interesting supports and resistances

LeTigre75

Maybe too late to short, I think it will retest the 48.60 level.