H4 chart shows that pair is in consolidation within broader upward trend. There is currently an attempt to initiate a rebound from support. It seems that in nearest future price may grow towards last two highs. You can consider long position.
we are now in a corrective wave after break this corrective wave we can looking for a good point to buy eurusd . look at the short term at eurusd
EURCHF is stuck for 3 weeks between support 1.0870 and resistance 1.0980. Moreover, during this period price respects established downward trend line . Another test of this line took place today and again ended with a sharp bearish reaction and a move towards 1.0870. Clearly there is no place to continue current movement. From below we are getting close to...
EURCHF is stuck for 3 weeks between support 1.0870 and resistance 1.0980. Moreover, during this period price respects established downward trend line. Another test of this line took place today and again ended with a sharp bearish reaction and a move towards 1.0870. Clearly there is no place to continue current movement. From below we are getting close to support...
A long breakout just occurred on the NZDJPY. Remember to always follow your strategy!
After a rather volatile previous 5 days, it appears that Vericoin has come back to a consolidation area as anticipated. This is a repeating pattern, towards the bottom a trending channel and pennant (blue line). We are also under the cloud, under the 4H 50 RSI and showing a short term (4 day) repeating bounce of the 4H 200EMA. It has hit the 200EMA on a 4H time...
This was one of the more interesting pairs that we looked at today as it featured a lot. Starting on the higher timeframe it's important to realize that we have failed to break above our previous level of structure resistance. Therefore what seems like an obvious bullish flag formation may not be as appealing as it once seemed. I'm looking at this as a potential...
Well after a very over bought run to 18K, with no suprise we are now headed towards the channel bottom. With break outs, I expect the break-downs to be strong aswell, as we are already back into a pre-thought consolidation box. Retesting the channel lows I believe is a high probability putting us at somepoint in the 7400-7600 range. This price drop will be...
Wait for it to breakout of the consolidation, when it breaks to the downside wait for a flag before you go into a trade. The flag confirms the downside!
Will BTC follow its path to the moon? Predict consolidation between 1600-2400 for the following 4-6 months and moon like 2013 once we have "scaling resolution" and SegWit activated (and all justified FUD of a contentious hardfork behind us). LTC SegWit moon should follow because of sidechain usefulness for cross-chain atomic swaps, transaction speed and lower fees...
Broke out of Megaphone pattern, targeting old support.
EURAUD exchange rate for a week is moving in more than 150-pips consolidation, which was formed after setting the maxima at 1.5073. The wider trend remains bullish, but signs of weakening are showing, even in the form of the discussed consolidation. Currently the rate is at the lower limit of this consolidation, which is located at 1.4930. Successful breakdown of...
EURAUD exchange rate for a week is moving in more than 150-pips consolidation, which was formed after setting the maxima at 1.5073. The wider trend remains bullish, but signs of weakening are showing, even in the form of the discussed consolidation. Currently the rate is at the lower limit of this consolidation, which is located at 1.4930. Successful breakdown of...
Litecoin went from 17 USD to 38 USD and corrected from there, we see it bounces at the 24.5 USD support line, but the bounce after crash wasn't that strong. It didn't retrace fully back to 32 USD thus bulls are less strong and something is holding people back. For now we see the trend channel closing in, seen as the blue curves. The gann fann (yellow) indicates...
A cup and handle pattern is in formation. The RSI retest at 50 confirms it. I would like to see a small consolidation to the downside and an eventual breakout to the upside.
More bullish on this consolidation. This would also be a good trend continuation setup, should it break out to the upside. Target will be old structure.
Breakout and retest( back to old support and 100 EMA in 5 min chart)