I have drawn a large channel in solid white this is accompanied by a triangle structure but more importantly it as a double bottom for price I have shown this double bottom with a bars pattern along the lower line of the triangle This is where I think price will turn a recovery
Weekly (not shown): Possible bearish divergence coming up. Impulse still green, but is shows prices around 101 were rejected and price closed much lower. MACD-Histogram still rising, as well as EFI. sRSI declining, although it could cross. Daily Bearish divergence on MACD-H, MACD lines, EFI and even Stochastic RSI. Stoch RSI crossed bearish and comes from an...
Oh, it's a long way home It's a long way home In the night alone (Johnny Hallyday)
CMA is approaching our first resistance at 88.30 (Horizontal pullback resistance, 61.8% Fiboancci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 76.33 (50% fibonacci retracement, 61.8 %Fibonacci extension). Stochastic (89,5,3) is also approaching resistance where we might see a...
CMA is approaching our first resistance at 88.30 (horizontal pullback resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 76.33 (50% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching resistance where we might see a...
CMA is approaching our first resistance at 88.25 (horizontal pullback resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 76.02 (horizontal swing low support 50% Fibonacci retracement). RSI (55) is also approaching resistance where we might be seeing a drop...
Hi, Traders Looking for zigzag correction because first A" has clear 5 waves. it may also be complex pattern. But overall usdchf is bullish so we have to wait for proper pullback. Note: This is mere a idea not a trading signal to trade. Trade carefully ! Thank you for your support !
Hi, Traders Currently market making a flag pattern it may be abc corrective structure but in any case it is sell with higher probability. Note: This is mere a idea not a trading signal to trade. Trade carefully ! Thank you for your support !
Hi, Traders looking for a big move to the downside if breakout happened. this pair has both side opportunity buy and sell but most considerable trade is downside if anybody wants to take trade upside, take carefully. If breakout does not happen and market moves to the upside then look for one more impulse(wait for small correction for taking long position) because...
Hi, Traders Market developed a corrective structure which almost completed. another possibilty is that it can go down for one more dip (But not necessary). i will update the chart if any changes occure. Note: This is mere a idea not a trading signal to trade. Trade carefully ! Thank you for your support !
Hi, Traders As i am observing on the chart that first price may go upside to prescribed level then impulse will come into play. lets see how it moves ,i will update chart if any changes occure. Note: This is mere a idea not a trading signal to trade. Trade carefully ! Thank you for your support !
Hi, Traders I am expecting one more upside because it is in a correction formation. Note: This is mere a idea not a trading signal to trade. Trade carefully ! Thank you for your support
Hi, Traders As i am observing that market under a complex corrective structure it may be abc correction or it will go all the way to upside.but there is a lot of possibility of selloff from c'' wave. Note: This is mere a idea not a trading signal to trade. Trade carefully ! Thank you for your support
Hi, Traders looking for a correction in the form ABC. All majors pair will go accordingly. Note: This is mere a idea not a trading signal to trade. Trade carefully ! Thank you for your support
Hi, Traders Now XAUUSD is showing a small flat pattern which gives us a chance to buy to the pink level.when trade comes in profit then move your s/l to the breakeven because breakout may be occure. Note: This is mere a idea not a trading signal to trade. Trade carefully ! Thank you for your support !
Hi, Traders Market moving for 4th wave if breakout happens then we have to wait for proper 3 wave correction and look for long position, if not happens then look for sell after a correction. Note: This is mere a idea not a trading signal to trade. Trade carefully ! Thank you for your support !
Hi, Traders As I am considering corrective pattern looking for another impulse. lets see ! Note: This is mere a idea not a trading signal to trade. Trade carefully ! Thank you for your support !
Hi, Traders Be cautious while taking any long position in this pair because it has overall sell any time it can go down. Note: This is mere a idea not a trading signal to trade. Trade carefully ! Thank you for your support !