support

GU has tested the 1.30 area multiple times on the 4 hour chart over the past few weeks. From here we are expecting a move up to the 1.33 zone, especially once the 1 hour resistance downtrend is broken.

Litecoin is attempting to recover above the $80.00 level on Friday as the entire cryptocurrency market remains well supported. The four-hour time frame is showing a descending triangle pattern that will decide the next directional move for the LTCUSD pair. A bullish breakout will take the LTCUSD towards the $120.00 level, while a bearish breakout may take the...

The euro currency continues to weaken against the US dollar on Friday following yesterday’s much weaker than expected eurozone manufacturing data. The EURUSD pair is intraday bearish while trading below the 1.1250 level, with critical support located at the 1.1175 level. Technical indicators on the daily time frame are also showing that selling pressures are...

The British pound has fallen to its weakest trading level against the US dollar so far this month as the greenback surges higher across the board. The GBPUSD pair is heavily bearish while trading below the 1.2985 level, while the 1.3030 level former support turned key intraday resistance. The downside target of the large head and shoulders pattern on the one-hour...

Looking at a potential bounce coming up near the 1.12 handle. We have a clear psychological response to this near 2 year low in the double bottom formed between March 7 and April 2 candles. The pair appears to be in a move toward this number again today and into tomorrow with a sharp response to breaching this support being quite likely.

Trade Details Provided on Chart. Buy Zone: 24.00-27.00 1st Target Zone: 32.00-34.00 2nd Target Zone: 44.00-46.00 3rd Target Zone: 59.00-61.00 Exit Price: 21.00 Hold time: Swing/Long-term

EOSUSD Meeting with strong resistance. But there is strong news. But I do not believe. Be careful!

Undervalued

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EURUSD is forming an ascending triangle currently is touching the support line, good to long now if the yellow structure is broken look for pull back to enter again SL : 1.12750 TP : Follow arrow

The follow up chart on yesterdays chart, zoomed out a bit, to understand the important supports at play here, and why the MA200 is not the support to look at, as the strongest possible support. We see that the probable future MA200, is quite far above the squareroot-trend. A trend, which has stood since 2010, and has been tested again and again. There is no...

We have just spotted EURNOK to have crossed to the downside of its previous support line. We learnt how to spot this from the Icon Traders trading course.

This is an advanced tactic that no one ever talks about, but I'm going to expose one of the biggest insider secrets in trading. When drawing your support levels, make sure that it's as thick as you can make it. Use the biggest font possible and make sure you bold the lettering. This gives you a higher probability that the price can't fall through to lower...

Two inside candles have formed after the big red candle of 3 days ago. Generally inside candles indicate a pause in the current trend and as these two happen to also be dojis they caught my attention. Price action is currently near most recent support which might indicate a swing is around the corner.

Last post: March 27th 2019. See chart. Review: Price was at a strong level of support and we were waiting to see if that level would hold. Update: Price has since broken through that level of support and continues to look weak. Conclusion: If price breaks below the previous low then it may head towards the 200 simple moving average. Any comments or...

The death cross on weekly chart and a slight bearish divergence shows us s bigger probability of breaking on the downside and retesting lower resistance zones. Expect a retrace till rsi reaches the 30 levels, for a double bounce, just like in previous bear market. Bearsih short term but bullish mid term

Simmetric triangle has been broken on the downside the gold is falling too , will this hit the old support ?

Quick update, liking support here. Good accumulation zone imo.