Purple arrows = resistance Orange arrows = support You can see where price has been respecting our zone as support and resistance... its that's time again, price is currently in our zone so we are expecting a bounce and some movement to the upside to end the week with a strong push... Lets make that money for a Saturday night out on the town ;p CHAMPAGNE ANYONE? haha
If price can break this support zone and trend line then we could see further big movement to the downside, price might use this support level to bounce once more before breaking, but the overall outlook for price is bearish ( down ) The US economy is in trouble, but the government are trying to pull the wool over your eyes so you don't panic.... A recession is...
Our 1st green line could be 1st sign of resistance ( 36 pips ) on this trade as it has been used before, but our yellow box is the target on this pairing ( 100 pips ) Plenty of bearish movement about at the minute, so this should be a nice quick trade. Our purple arrows mark out where price has previously hit our support and resistance zone ( because we are nice...
You can see a resistance zone ( green box ) and a lovely trend line ( TL ) that price has been following and respecting as support for over a month, price recently broke through this TL and is now coming back up to test it as resistance. Where price will meet the TL is also in our resistance zone so this is a STRONG SELL, line this up with the weakening USD at...
We can see from our support and resistance zones that price has been respecting these levels for a while and price is once again currently in our resistance zone , but this time we can see price breaking this resistance and moving higher to the upside because of recent bullish candles coming into this zone. If we take a look at the monthly chart you can see...
We can see from our support and resistance zones that price has been respecting these levels for a while and price is once again currently in our resistance zone, but this time we can see price breaking this resistance and moving higher to the upside because of recent bullish candles coming into this zone. If we take a look at the monthly chart you can see plenty...
PURPLE ARROWS - RESISTANCE SUPPORT/RESISTANCE 1.81008 1.81008 Is a key level we have used a number of times before if you look back at old charts, you can see where price has been used from our arrows. Price has recently bounced off this level, now we might get a retest of this level but the general movement is to the downside. You can also see on the 1D and 1W...
Support purple arrows resistance orange Look how many times price has used our support and resistance zone, easy to see its a very strong zone and ready for a reversal, add in the fact that this zone lines up with our trend line that has also been very well respected we can only see a reversal coming after price has had a big push down the past few hours. So we...
We have a strong trend line formed which price is currently at and a strong SELL zone which price has just entered STRONG SELL. We could see a run down to our support level where we will be looking for a BREAK as we are near the end of a descending triangle. This is all.... Thank us later.
We can see that a Doji formed at the top of an uptrend ( purple circle ) This is a lovely reversal signal as the candle that was formed after it confirmed this for us ( bearish candle ) For the last 2 days price has been moving sideways in our zone. We are in this trade again, after previously getting stopped out by a very tight SL, We put a tight SL as we are...
0.99058 is a key level of support, you can se where price hit this support level ( marked by purple arrows ) now I'm sure not all of you are stupid enough to need an explanation.... but there are still a few tap water drinkers about :p Price broke this level in august and made a big rally to the downside but this pairing couldn't keep price down and like someone...
As we can see there is a strong resistance line on the 4h chart ( pointed out by our purple arrows ) and we also have 2 very strong trendlines formed ( pointed out with red arrows is where price has respected these ) All analysis is pointing south of the border with bears well in control, we are expecting price to continue respecting this resistance level and...
142.083 is an are that has previously been used as old resistance and more recently it has turned into a key support level, Price is currently at this level now so we are expecting a bounce and a possible run upto our TP zone ( blue box ) On the chart we have marked out with purple arrows where price tested this level as support and the blue arrows show where...
1.81407 before has been used as very strong resistance level. More recently price broke through this resistance level and shot up, now we are seeing price slowly work its way back down to this level after the killer drop today ( which we predicted, check our last chart... your welcome ) we could see price use this as support again. So we are expecting short term...
Key resistance 145.792 - Price has been respecting this level historically, it has also been respecting a trend line over the past few weeks but once price broke out this trend line price shot up. Now price is coming up to retest our strong resistance, and price WIL bounce and make a big move to the downside.... you heard it here 1st ;p
1.84344 area of STRONG resistance... how can people not trust such a strong level? must be drinking too much fluoride. Anyway... we have marked on our chart with purple arrows where price has hit this resistance level and then bounced, historically once price has hit this level there have been aggressive sells ( price drops considerably ) This tells me that the...
As we can see this pairing broke a strong support level of 0.87864 on the weekly chart and then sank. We can see some possible support coming up at 0.86324, so a chance for a possible long, we will be keeping an eye on it and trade will be sent out to our clients when trade becomes valid.
Support of 7.85993 is stronger than the hulk on steroids, this level has been hit more times than the back of Burton Albions net against Manchester City.... infact if you don't class this as strong support then close your laptop and stop trading. we will be setting a buy order a few pips above current price to allow for the re test of this level..... Thank us...