stamoyo

stamoyo

The pair is into a trend reversal condition or a correction in which in follows a minor trend line. There is not only a formed flag but also the price just touches the supporting line. The pair will most probably reach the .38% of the Fibonacci Retrace and its further move should be towards the .50% which will either give a massive strength of the market or bring...

stamoyo

Symmetrical triangle has formed and predicts a further upside movement. Probably the price will hit .62% of the Fibonacci Retrace levels. Not only a retrace level but also the distance of the beginning of the triangle is as big as the one from the probable breakout to the .62% Fib Retrace lelvel. What is more, the RSI was quite bullish but the EMAs are relatively...

stamoyo

The chart has formed a bearish widening triangle and it has completed its 5 waves. Not, it will either retrace from the .38% or will breakout downward directly. Supporting facts are the descending EMAs. What is more, the RSI bottoms are descending and strengthens the movement. *Disclaimer: this is for educational purposes only*

stamoyo Updated 

The pair has formed a bearish 'butterfly' which is accompanied by decreasing RSI highs. TP1 and SL1 are quite marginal and undergo huge change. *Disclaimer: this is for educational purposes only*

stamoyo

HS, Crossed EMAs, Bearish RSI-to-price divergence. *Disclaimer: this is for educational purposes only*

stamoyo

The pair is just competing its 5th wave of the correction which is an intermediate trend thus it has 5 waves. On weekly chart we can see a healthy 2-year-old trend ( even older ) that is undergoing with no signs of reversals or whatsoever kind of obstacles for it. After the 5th wave is done, we will be free to measure and predict the length of the new upside...

stamoyo

Almost ready to sckyrocket. The 4th wave is on the edge of it competition and is about to head for the sky. If it breaks the uptrend, its next support will be the end of the 2nd wave. *Disclaimer: this is for educational purposes only*

stamoyo

The Gann Fan is so famous for its stern rules to almost always redirect the price to the other wing. *Disclaimer: this is for educational purposes only*

stamoyo

The pair has developed a very good HS pattern that is ready to dive the price beneath the surface of the Earth. Huge potential move! The RSI is aggressively deceasing on Daily chart and moderate on Weekly. I expect a huge move with a test of the support line. *Disclaimer: this is for educational purposes only*

stamoyo

The pair has formed a pattern similar to the HS but the more important is the RSI values at the different tops which is also typical for the HS pattern. The target price is near the .38% of the Fib retracement and is a sign of a trend correction. The "red" volume is also increasing which is a good sign for a forthcoming downtrend. *Disclaimer: this is for...

stamoyo

The pair is in a period of forming a HS pattern. The RSI i s decreasing, the uptrend is broken and the US index is weakening. The short should be at RSI 0.5 points or lower to be sure of a down move. The waves I have charted will most probably form in a longer period of time. The slope will be more slanting. *Disclaimer: this is for educational purposes only*

stamoyo

The pair is in a short-term uptrend or a probable correction of a downtrend. The RSI is sharply weakening while the price is going up, which is quite typical for a correction or an intermediate trend. The EMAs just crossed but the volume they present is so meager and the importance of the crossover is near 0. What is more, the risk/reward ration is about 1:4 which...

stamoyo

Hi traders! Let's get into the TA analysis. The RSI has been decreasing for the past time while the price is rising. This bearish divergence is supported by the decreasing volume and the EMAs which are still moving upward but their angles get smaller and slanting. We have a support on this level thus we cannot be absolutely sure about the forthcoming movements of...

stamoyo

The pair formed some pattern pretty similar by definition to the HS: Decreasing RSI, a highest top and 2 lower tops on a parallel line to their bottoms. *Disclaimer: this is for educational purposes only*

stamoyo

Here is an interesting chart that can be inferred in many ways. My interpretation, as you can see, is as follows: I spot the decreasing RSI on the higher tops and finally on the final lower top. That is so typical for a HS formation but the final top is somewhat short for a HS pattern. Even so, in case the price bounces and reaches the level (the height) of the...

stamoyo

The pair is near an important support level of the Gann Fan and a support line as well. The RSI stays lower but not quite far from 50 points. The EMAs are almost crossing which means trend reversal ( bearish now ) or very low volatility. That, in combination with the weak RSI brings us to the conclusion that there are not many new openings and closing or at least...

stamoyo

The Gann Fan shows that the price has bounced back from one of its levels and should head for the other. Not quite sure, whether this is right but we will see what will happen. *Disclaimer: this is for educational purposes only*

stamoyo

The bat pattern (cypher) is to align with the chart if the price hits the low of the pattern. *Disclaimer: this is for educational purposes only*