Price is in consolidation after making a strong bullish move.. Price respecting its ascending trendline so far, lets see if we get a break to the upside or correction back lower..
In a downtrend, rejecting off the 50% fibonacci level then breaking through the 38.2 showing bearish momentum returning.. Price now looks to be breaking its counter trendline to the downside, waiting for a retest & reversal pattern for potential shorts
Strong bearish engulfing candle break though daily support, & looks to have potentially broke its daily uptrend line as well. Now retesting broken support now as resistance & is at a "make or break level". Watching this setup for shorts during London session & a reversal candlestick
As describe on charts.
Profit target as suggest on left of the charts, it is possible price reach around resistance level of 9K mark.
A couple of keys bull signals stacking up indicates increase in bull probability.
1H time frame is looking strong.
Watching for a daily closure above 109.400 .. Price made a triple bottom at key level support, & may be looking to start climbing back to the upside. Watching this one closely..
Price broke out of consolidation to the upside, now retesting previous resistance as support. Expecting more dollar bullish price action ahead for this month
Waiting for a 4 hour close to look for shorts on this pair. Price rejecting its downtrend line / the 50% fibonacci level is acting as resistance as well. Price should continue down to create a lower low..
Fairly clean cup'n'handle consolidation in an uptrend.
Broke out >6 months ago, and has now done a hard retest (on extreme US market drops). Looks like stops have swept aside.
Looks ready for a move up.
Minor descending wedge could be used an entry trigger.
Double top to weekly resistance / rejection to the monthly downtrend line. Price broke its 4 hour ascending trendline & looks to have came back for a retest, now watching for a break of minor support for potential shorts
Setting up for a nice potential long shortly, completing its higher low currently. Will be watching price action at the 38.2 fib region & Daily support for a reversal pattern to enter long
Price could see a potential bounce from the zone its at, but I will be watching for a 4 hour break of 1.31400 support & retest for potential shorts on this pair. (On the watchlist)
