Hey, I'm back better than before. Here you have, clean analysis about euro that you can spot we have a nice countertrend that now is broke on 1 hour timeframe.
If you are greedy you can enter now, but for me, I will wait for a nice confirmation and volume to enter long. If the canddles close below the blue line. Invalid for me. GL!
ETHBTC has been lagging, unable to break above the 200day EMA.
Bull flag formation with ETH finding strong historical support at this level as it diverges closer to breaking point.
Will ETH find a continuation to the upside by the end of june? My bets are on.
Our first idea runs exactly like we showed..
What I now see at the moment is that it try to break the support line,
and more important, the 50 Moving average on the 4H chart and the 200 Moving average on the 1H chart.
If those 3 things line up, then retest and it fail, we can get a nice short.
The lack of the recent downtick illustrates the weakness of the GBPUSD pair ahead of the main figures for UK jobs. In consequence, 1,2660 and 1,2610 may entertain short-term sellers before being questioned with the horizontal area of 1,2605-1,2600. With below 1,2600, 1,2560 and 1,2465 prices falling, bears could become favourites.
When a pair rises after 1 2705,...
Trend Analysis For GBP/USD, Monday 03/06/2019
As we can see in the M30 chart, the GBP/USD has just developed a bullish momentum. In the higher time frame, the price is still bearish.
Below us, there is a new fresh demand level which is also a Quasimodo level. A Quasimodo pattern is a situation where the price changing momentum with one strong movement.
As we can...