So, a strong piercing line candlestick pattern has emerged on the daily chart, a few days earlier, and I wanted to go long, but the technical analysis was still a bit too much on the sellers side, so I entered the 1H chart, and waited for the resistance line breakthrough, before going long. So I went long here at 3936.27 Stoploss: 3200.00 (2 % risk of...
Price is approaching a level of resistance that was previously a support.
The price has increased rapidly these days, including gaps in that rise, after a clear double bottom at 2325. This has caused the price to approach a resistance that is close to 2400, which being a round number, psychologically influences as the maximum level. Waiting for a rebound in the resistance, may be most likely, but be very pending to break if the rapid...
2 bearish patterns the smallest shows the possible breakout of the actual resistance. the biggest could support the idea. green line for take profits. use a stop profit on the smallest pattern. in this trade is important more than ever p.s on the other side i draw the red arrow as an other dynamic resistance more info in next hours
Short at yearly R1 0,7748 first target is Woodie yearly R1 0,7705 and then Fibonacci yearly R1 0,7672
Short at 1,0829 yearly pivot resistance once it touche , first target 1,0752 Woodie pivot and Camarilla yearly R2 then 1,0710 Demark yearly pivot.
NZDUSD Big Resistance Watchout for Trend Reversal
This chart shows current support, resistance, and trend lines for ATNM as if 2/17. Support has increased to $1.39 as of today as evidence by multiple bounces off of $1.39 price. Resistance was lowered to $1.50 based on recent behavior. Possible wedge forming.
EUR/USD has retested and held above daily support and is now approaching a key weekly level. This ABCD fib is still in play and dollar is continuing to weaken. Our bias remains long so we will look for long entries up until this level.
I expect price to reach 1,3600 zone and then see a reaction there and go to down again. Always confirmed by price Action.
We got a long opportunity, looks great cause price is sitting on a previous support quite important, we will see what will happen this week
We got a harmonic pattern with some previous resitance and fibonacci confluence. If the price gets to the 88.6 fibonacci level we are looking for a short opportunity setting targets at previous support. Have a nice week
If the price goes to our previous resistance we will look for a short giving us a pretty good R/R. Hope everything goes as i want, but remeber, the market dont care about you.
Here we have 2 chances of getting short on $USOIL This analisys is based upon Fibonacci levels & Support & Resistance & Harmonic moves & RSI
The only thing i expect from this prediction is a bearish move if the price gets to around 0.7645
resistance+completing ab=cd pattern