We are heading for a vertical level. This can always provide a change. As of now, I am in a long trade as we had received nice support from the two lower lines. (at both lines was an order)
#XEMUSDT @XEMUSDT Here We Expecting Very Different This long Trade is Temporary This Technical Analysis With Previous All Time High Keep In Mind. 🟣 Purple Structure Monthly Structure. 🔴 Red Structure Weekly Structure. 🔵 Blue Structure Daily Structure. 🟡 Yellow Structure 4H Structure. ⚪️ Whaite Structure 1H Structure.
Hello traders! For my opinion this pair is neutral because is in the triangle pattern and in super resistance. After breaking the resistance and the triangle pattern it can go down trend but this remains to be seen. Don`t forget to look the economic calendar. THANK YOU! GOOD LUCK!
At the moment, the price is at the center of the descending channel. Further movement will be the end of the pattern, I expect a retest of the support level and the , after which, if we do not break through the level of reversal, we go down. Have a nice trade!
As per our previous analysis EURUSD hit it's TP. This is what we feel good short setup. Happy trading.! Best Regards, The MorningStar Forex
This most likely course for gold to take over the next week. I believe GLD will fill the gap, test TL, and then be rejected and break down lower. Scalping up to TL, and then Short will be the positions i will be looking to take. I dont believe that Gold will be a safe bet in the event that we see a 5-10% correction in the overall market.
as i expect GBPUSD is going toward my target at 1.42410.
I AM WATCHING THIS LINE HEAD TO THE DOLLAR MARK - while I wait what do you think?
Break and retest of trend line and support with volume on 1hr tf
Update from the previous post, we broke the downtrend, the wedge posted wasn't a great setup once we started breaking lower. We will see if we reject these retracements above between $1.50 and $1.80 then we can expect a move down. Alternatively, if we push towards $2 a break above would expect a continuation. More to follow soon.
Large correction yesterday to $310. Slight recovery to $354.20 just below the 0.382 fib, but then it drops to $321.77, forming a higher low, and a new fib to look at. Recovers to the 0.5 line on the new fib, only to drop to $317.43, forming a lower low, but still $7.43 above the all time low. And lastly, some slight upward momentum, breaking through the most...
Seriously. Starting from $2.22 on bitstamp. Triangles included. Sorry bears, I'm long.
after it comes out of the gray zone and break the white line , it will achieve the goals we set