D1 - Bullish rally followed by double wave correction.
Price has broken above the most recent downtrend line.
H4 - Higher highs.
Currently it looks like a pullback is happening.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
D1 - Double wave correction.
Price is bouncing higher from a strong support zone.
Bullish divergence.
Most recent downtrend line breakout.
H4 - Higher highs.
No opposite signs.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
D1 - Bullish convergence.
Price has broken above a strong resistance zone and is currently holding above it.
H4 - Currently it looks like a double wave correction is happening.
Bullish divergence.
Until the key support zone holds my short term view remains bullish here.
A valid breakout above the most recent downtrend line would be the validation for this...
H1 - Potential double wave correction.
Bullish divergence.
Until the key support zone holds my short term view remains bullish here.
A valid breakout above the most recent downtrend line would be the validation for this bullish view.
W1 - Higher highs followed by a correction in the form of double wave down.
Price has reached a key support zone.
Bullish hidden divergence.
H4 - Bullish divergence
Higher highs
Until the key support zone holds I expect the price to move higher further after pullbacks.
H1 - Three waves to the upside followed by double wave correction.
Price has broken above the most recent downtrend line.
Bullish hidden divergence.
Higher highs.
Expecting the price to continue higher further after pullbacks.
W1 - Price has broken above the top of the range.
Higher highs.
Expecting the price to continue higher further.
H4 - Currently it looks like a correction is happening in the form of double wave down.
Bullish divergence.
Until the two key support zones hold my view remains bullish here.
If we get a valid breakout above the downtrend line we may then consider...
H4 - Bullish trend pattern followed by double wave correction.
Bullish divergence.
Most recent downtrend line breakout
Until the key support zone holds my short term view remains bullish here.
D1 - Bullish convergence.
Currently it looks like a correction is happening.
Expecting the price to continue higher further after this correction.
H4 - Bullish trend pattern followed by a potential double wave correction.
Price is bouncing higher from a key support zone.
A valid breakout above the downtrend line would be the validation for this bullish view.
D1 - Currently it looks like the second wave is developing to the upside.
Price still has room higher towards the two key resistance zones.
No opposite signs.
H4 - Higher highs.
Currently it looks like a flat correction is happening in the form of a range.
A valid breakout above the top of the range would be the validation for this short term bullish view.
H4 - Bullish trend pattern followed by double wave correction.
Bullish divergence.
Until the two key support zones hold my short term view remains bullish here.
D1 - Price is bouncing lower from a strong resistance zone.
Currently it looks like a correction is happening.
H4 - Currently it looks like the correction is happening in the form of double wave down.
No signs of trend change.
Until the strong resistance zone holds I expect the price to move lower at least towards the key support zone in the short term.
H4 - Bearish trend pattern followed by double wave correction and the price has broken below the most recent uptrend line.
Currently, there are no signs that show this bearish trend is over.
Until the downtrend line holds I expect the price to continue lower further.
W1 - Potential up move possible based on the two cycles (Big and short term one). Breakout of the range after the first leg with momentum.
D1 - Double wave correction to the breakout line.
H4 - Price broke above the channel and bounced. Now trading inside a channel. Currently near the bottom of this channel 61% fibo.
H1 - We have bullish divergence.
This pair is now offering new opportunities to join the bulls. We can look for buy setups as long as the last low is holding.
Now any pullback is an opportunity to go long. Remember that we might see two types of correction
Flat correction or Double wave correction
Regardless of how things will happen, bottom line is - as long as 1.5230 holds, we are after buys.
