stamoyo

stamoyo

The pair hits a short-term supporting line, though it seems reliable indicator for its movements. If the price bounces off from the support it will hit the resistance line. The RSI is also oversold. In comparison with its historical data, it is an indicator for a bull move.

stamoyo

The pair is in a short up trend and the RSI is above 50, recently. I expect a further up movement after a short correction. If it breaks the support we will have quite an interesting pattern with many support and resistance lines.

stamoyo

The pair is just hitting the support line and is near a support level. The RSI changed so much for a such a little correction which signals a bullish market. We should be cautious if the price falls below the support level.

stamoyo

The symmetrical triangle stands for a neutral position. It was broken negatively and we have a down movement. Its support line is now resistance. The expected move of the bear trend is as much as the distance from the "top" to the "bottom" and we have projected it on the chart by two blue lines. We expect a move around the red arrow and a take profit down there.

stamoyo

Hi traders! I have recently seen this pattern happening as follows: two descending and increasing arcs followed by an up move. I have seen this on about a dozen of analysis most of which were made of FOREX with the hope with further slump but "VOALA!" they all went up. I have not met this pattern in no book or post but who knows, new things are born spontaneously....

stamoyo

The RSI is lowering and it is near a strong resistance line. The H&S pattern seems legit and now we have to wait a bit to see what will happen. Personally, I would short it at the green line.

stamoyo

Hi traders! What do you think about those waves? Any feedback appreciated!

stamoyo

We should wait until some of the scenarios happens.

stamoyo

The price is on the very strong support at 81.520 and the RSI is so oversold. Though, that all are also signs of an upcoming trend ( bearish now ) and we should wait for either a bear or bull confirmation.

stamoyo

It just hits important level and the .62 Fib Retrace. In addition, the RSI is strongly oversold and it all consolidates into a bull movement.

stamoyo

The pair bounces and confirms its direction. A very good RISK/REWARD ration is on point and absolutely worth it to risk. The oversold RSI, strong resistance and clear history charts are the bedrock of my decision.

stamoyo

The pair bounces from the resistance line and heads for its first support. Overbought RSI and very very strong resistance ensure the good down movement.

stamoyo

The price is into a symmetrical triangle and we should execute a purchase in the direction of the breakthrough. The support/resistance lines are drawn by their nearest peaks.

stamoyo

The pair finished its correction and is now ready to spike. Oversold RSI, steady support and lowering "red" volume are the fundamentals pushing the price up.

stamoyo

The pair hit a very strong support and bounced back with a good upside move and big steady candles. Pretty confidently, it should hit the resistance with no hesitation.

stamoyo

The pair is forming a flag which usually represents a continuation pattern but in this case we have a very low volume and the RSI is nothing remarkable. Though, the bull move is quite possible right now.

stamoyo

The price is into highly bullish levels which usually explode the price. The RSI is still relatively low so that I expect a slight down move to the support line. The first level I expect the price to meet as a resistance is where the price entered its current pattern.

stamoyo

The pair formed a flag on the most important level for its breakout which additionally empowers the bull market.