The US Dollar has been depreciating against the Polish Zloty since the currency pair reversed from the upper boundary of a long-term ascending channel at 3.8400. This movement has been bounded in a short-term descending channel.
From a theoretical point of view, the general direction is expected to be south—the exchange rate should target the lower boundary of ...
Bitcoin has been following a channel since the drastic fall from $6480 and is now showing bullish divergence on the 4H RSI and if you look at the daily, RSI(14) is sitting at around 10-11 which is exceptionally oversold in this extended trend. MACD is starting to looking for a cross to the upside, StochRSI is oversold and price has just tested the ...
This is a 4H chart for FX:USDJPY
Probability : Short
Price trading at the top of the descending channel, also price declined several times from this area, SL will be just above the previous resistance at 114.50
Updates will be available later.
This is not a signal, it's just my opinion, Good luck
$SPOT has dropped almost 35% in a matter of weeks (along with everyone else). They have broken all-time-lows first seen during the first days, but have since recovered to the previous ATL @135. It's basically fallen in a nice downward channel, I'd watch this to hold support and consider entering long for the midterm when it breaks out of the channel. RSI and ...
Hi, today i wanna discuss about cylic analysis.
this is long term projection for "position trader", coz opening position not only for month, but for years.
we have long term projection analysis at previous analysis on January 2014, and we success hit target only in 1 year
you can check previous analysis here ...
Price has been playing within the descending channel.
However, the channel recently broke above, which could possibly mean that prices will continue moving upward.
BUT, the price is currently testing the channel resistance, which could mean that we may see a perfect example of a "break and retest" formation.
However, it could also mean that it was just a simple ...
D1 - Price broke out of the channel and we may now expect short term pullbacks to happen.
H4 - Lower lows, price completed the first retest of the breakout zone. We may now expect the price to retest this critical zone again, completing the double wave.
We may then start looking for sells with more bearish evidences.
Pattern: Bullish breakout of downward channel resistance line.
Edge: Insiders have heavily been buying the $8.50 to $9.80 price area. Money flow has been divergent and has gone above zero line showing bullishness. Volume bars are much higher on green days than red days. We are buying in hopes of catching the early parts of a reversal rally.
Risk Management: ...
Pullback to the 0.618 area and the trend line. Pullback to parallel channel support line. Parallel Channel Support Line now becomes Resistance Line.
USDSGD Currency Market will hit price target before December 27, 2018. Let me rephrase that statement. Target will LIKELY be achieved by December 27, 2018.