price missed my entry on h1 support so i got re entry using fib,price broke h4 support and now im in a long position to the supertrend zone
(price in the past tested the super trend zone 2-3 times and couldnt break it)
This are the key zones which the price created on the daily time frame. We can expect a future down trend
during next week pushing price towards bottom support...
It also may happen that price pushes through and breaks the resistance zone performing an up trend
Here shows a simple analysis where The Euro is going to lose value against the US Dollar. Price not to long ago broke a major trendline and has been bearish ever since. Price is currently borderline testing a recent resistance Zone. After price test this resistance zone it will reject and sell towards the next support zone creating a new Lower Low for this new downtrend.
GBPJPY Analysis Update: GJ reached resistance and rejected. Expect price sell to retest same support 142.071 then possibly bounce for a slight buy if price stays under resistance Long-Term Daily Timeframe
USDJPY Analysis Update: UJ fully Reached resistance 104.973 as predicted and broke trend-line. Expect a continuation buy towards next resistance 105.661 as long as UJ satay above trend.
Once reached expect a possible retracement from resistance for a continuation buy long-term daily timeframe.
Here we have a bullish market. An uptrend consisting of Higher Highs and Higher Lows. Price recently brought off of a support zone that has already been tested 4 times previously. This new support zone was created after Election day November 3rd. The first test of support was on 11/05/20 around 2pm. The second test of support was 11/09/20 around 6pm (after New...
GBPNZD is the business of forming a big W . Price is expected to consolidate a little bit around the current area till the EMA Yellow and Blue lines crosses for a long term buy till the resistance zone in 2.0604 🔥.
I'm look for Gold to sell Long term, Its been on the rise for multiple months. Gold Reached an all-time high and has definitely over brought. Current price is around 1930.967. Price will test trend line in this descending Triangle. As soon as price test 1953.500 (Trend line), Price will continue selling to next support zone Around 1700.