QSH is forming a triangle , typical rising formation with possible target 1.74 $ that may be reached in the early stage of 2018. This triangle formation seems to be starting at present time.
Something to keep our eye on. End game is 113 by January 12th, if this holds true, then I will do a short profit target analysis
This level is achieved mathematically. The data to work with isn't great but this is what the calculations produced. We'll see if it corrects at this level or smashes straight though it.
There isn't much useable data for me to accurately make a forecast, which I do mathematically. However this is the level that was calculated, so soon enough we'll see if it stops here or smashes through.
The bulls are on steroids. Brought price back above 7.5k after a double top. Things could play out in many different ways from here wait for confirmation!
I am charting 7200 as 1.618 Fibonacci extension from the top the 5th wave formation (6150). It has not been able to rally back above that line since the punch through overnight. It has tried and failed around 7190. There is not much support up here and it falls through 7000, I think will start to see at least a small correction of sorts. Possibly back down to top...
EUR Minimum Bid Rate possible scenarios The EURUSD general trend is the 1.3000 area
Price has reached the resistance level. Wait for a rejection or breakout
Price has rejected the resistance creating a double top pattern.
Price is trying to break the resistance level.
Price remains in the support level. Wait for a possible rebound.
Price is trying to break the resistance level.