LONG trade analysis on EURUSD .
Graph is looking bullish from lower trendline to upper trendline . Price is currently located at strong support zone . Trade idea is also shown on RSI indicator.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
ETH/USD has been on a bull run since November 2020 and has been overbought on the weekly RSI since mid to late November 2020. Eth recently went under the weekly overbought RSI in late February 2021. ETH is currently sitting under the bull trendline on the weekly RSI only to make me assume that it is probably going to breath for the next couple of days...
Blue line of Komodo Trails look solid, this indicate the trend is strong enough to breakout fibo 0.382, and there is a signal to buy with Sideway Bullish indication. if the trend not strong enough to break fibo 0.382, it will hit the yellow line of Komodo Trails, which is strong support area. this might be it. buckle up. BINANCE:DOTUSDT
This is not...
My previous gold setup ( see link) is looking valid again
- down wedge
- support tested several times
- 4h bull divergence
Enter long on break of wedge for aggressive entry
Enter on retest f wedge for conservative entry.
Take full or partial profit at supply zone.
After breaking out from a crude bullish flag or what could have been considered a descending triangle linked to this post, BTC has consolidated into an Ascending Triangle drawn in light blue.
On the RSI there is a similar pattern as the price action, notice the series of higher lows along with the blue upward sloping support of the Ascending Triangle.