Monitor this pair to see if price gets closer to this Weekly trend line. Drop to a lower time frame and look out for a reversal pattern along with a breakout before entering a bearish trade. However, if price breaks through and closes above this trend line , we will no longer be looking for sells but rather future buys instead.
This pair is at a really nice level and this could possibly turn into a great sell once price continues to respect this trend line. Drop to a lower time frame and look out for a reversal pattern along with a breakout before entering a bearish trade. However, if price breaks through and closes above this trend line, we will no longer be looking for sells but future buys.
Nano Dimension Ltd. announced it has entered into definitive agreements with investors for the sale of 25,000,000 of the Company’s American Depositary Shares at a price of $4.00 per ADS pursuant to a registered direct offering (approximately $100 million).
When an event like that takes place, the price usually goes lower than the price that investors bought the...
Overall, the price has been trading in a massive descending triangle, confirming the downtrend, as well as the price below the 200 EMA. Last vaccine news created a fakeout. Right now, we are seeing another break to the downside.
Looking closer, we can see that the retest already occurred. We can also spot a head and shoulder, which is...
Since the month of November started the bears have been in control on higher timeframes. We've seen EURGBP form lower lows and lower highs on most timeframes but recently the market made a strong push up (from point A - 0.88616 to point B - 0.90044) forming a lower high and continuing in the overall market direction. In the last two days the market...
The established down trend continues with the bears still in support of a Euro based sell off. We have entered short again from just below the trend line ensuring we don't miss the next opportunity. Good Luck
possible price movement.it may rise to the shown level or even could fall at this current level(depends on the price action).The falling definitely could be more but it is the minimum bearish movement. please like this idea if you find it useful.
The Euro is getting pressured by the rally into the USD which we expect to see continue. There are a lot of buyers that are lined up to get squeezed back out of the action so a lot of fuel for the move lower. Expect that price will hold below the 1.1793 zone so happy to short on a push below 1.1766. See how this plays out...if he action goes to plan then we expect...