Finally, a pullback we've been waiting for. XJO was running way too fast and pullbacks are healthy in the long term. The pullback came right at the 0.618 FIB level. Tested the 200MA and will be interesting to see if we hold the 200MA next week. RSI is still relatively overbought but as the pullback was so sharp, I expect a green day on 16/06/2020 Monday. Apart...
nice and clear chart
Enter After confirmation
a nice support zone to buy and complete ab=cd pattern
Watch BearFlag and Keep Sell in downside. \ \ThankYou
Some more clean and simple analysis, there's a clear HS pattern that has formed (Highlighted by the blue boxes) and the price is currently rejecting off a solid resistance area just below the neck line. From here we should see the price nicely move to the downside hitting previous support zones and possibly breaking through each one pushing lower and lower,...
Same setup as the last two. The price is retouching and rejecting the previous support/resistance zone. Stoch is oversold.
GBP we think is getting a little bit weaker today, due to the demand zone being hit and needing a bounce back to the 4 hour supply zone. London session will tell us more where to act.
Price is most likely to make a push to the upside. This pair is risky right now though because of the news so be careful. "Comment", "Like" and "Follow" are appreciated! Have a good day everyone!
Price is rejecting the uptrend line. Buy now! "Comment", "Like" and "Follow" are appreciated! Have a good day everyone!