ETHUSD Short Term Swing Trend Color Yellow Number 7
This Bull Rally Still In Play with higher highs Color Green Number 1
Watching for a weekly closure above 81.000 .. good be a good setup for next week
Target this morning missed take profit by 17 pips, but as you can see price broke above resistance now looking to potentially enter on the retest of broken resistance now support.
Managed to grab 160 pips roughly on this pair this week, now watching for a break of the top of consolidation for a potential 200 pip move to create a new high. Will be watching for a break & retest. A daily closure above 136 will be great confirmation as well
Watch for a break of the Ctl for potential longs for a new potential higher high
Taking it to the daily / weekly chart, you can see that price made its way back down to previous resistance now support. Price now should continue higher to create a higher high after 156.000 was achieved last week
Watching for a break of the supply zone for a new higher high. Price is in a small range between support & resistance
Sitting on daily support & ascending channel, im leaning more towards bounce & this could be a good swing trade next week
Inverse head on shoulders pattern playing out nicely, watching for a break of 1.54 neckline area for a continuation.. Watch for break of the counter trendline as well
Price at trendline support. Will we see a break or bounce is the question ..
Looks ready to push higher, & price broke its counter trend bouncing off support
Price not rejecting off its uptrend line / support. With NZD CPI numbers later today how price could make a strong move to the upside to create a new high
Price now has broke above 1.75000, now acting as strong support. Price should now be on its way up to 1.77500 weekly resistance & beyond
Simple trend analysis, making higher highs & lows. Double bottom to daily resistance, now watching for a break of the counter trend line & retest for buy opportunities. Lets see how it plays out this week!
Price is in a consolidation box, showing 3 daily spinning top patterns last week showing price is waiting for its next strong move. A higher low was formed at the uptrend line, now price could head up to create a new higher high
Price now back above previous strong daily resistance 1.33 that has held for a long period of time. Now turned support, price could pullback to this level again before continuing higher or a break or resistance price is at now & a retest will be good for buy opportunities