Price retest my expected zone and is making a clear inverse H&S formation on the 1hr. If price breaks out in bullish form we can expect it to move to 15.40000 price range.
Indicators vs Price action Understanding price action is key in this market, knowing were price is and what are the possible scenarios that may play out is something that comes with time. I understand why people are shorting this pair, but in reality there's no pattern for a short yet. If you go to the HTF (hire time frame) you will see a very clear reversal...
Continuation pattern forming, waiting for that 3rd touch on the pattern. If price brake pattern in a bearish form, price may fall to 74.04 price range.
Waiting for a break of the consolidation box before any significant move.
Price at mayor support level, waiting fir a possible retest to the 099200 price area. After that price may drop to 0.97000 price area
Break/Bounce 3rd touch on a ascending channel, price may move bullish to 111.000 price range. If we break the trendline with bearish momentum, we may expect price to move to 16.600 price range.
Expecting retest to the price range of 14.70000, before any significant bullish movement.
Price broke ascending channel trend line, waiting for a continuation pattern that retest 9.16000 or 9.20000.
Continuation pattern, possible short to 1.09698 price range.
Analysis Two scenarios: 1. Price break consolidation and move with bullish momentum to 0.65000 area. 2. Price break trend line with bearish momentum hitting the price area of 0.62900. Then i'll be looking for bullish momentum to 0.65000. If neither of this tow scenarios plays out ill wait for further price action.
Analysis: Expecting price to move up to the 0.88000 price range.
Analysis: Waited for the trendline break and enter on the retest of the 50 EMA. Waiting for a pullback to the prince range of 14.70000 before continuing the momentum to the upside.