Downwards trendline, rejected at the 50 day moving average on the daily chart, the price is also at the 0.382 FB retracement point from the price high set 6 april to the price low 3 june. Looking at the broader picture it can consolidate around the 0.5 fib retracement point set in february to the april high before seeing more downside. EU countries are highly...
BEARISH BAT price need to follow Green Trend line & hit target If price Breaks Red Trend line is where EXIT before SL hits POTENTIAL SELL
BULLISH Deep Crab@1.902XA If price Breaks Red Trend line is where EXIT before SL hits price need to follow Green Trend line & hit target POTENTIAL BUY
A lot of the euros look like they are making flags to push up again (eurcad, euraud, eurnzd). EURMEX coming off the 1.236 extension of a potential WXY on weekly. EUR/CHF also.
Two Strong BULLISH BAT PRZ for SCALPING Earlier this same Pattern given good reaction on Type1 entry now price again came into PRZ Zone of Pattern it becomes a TYPE2 Entry which is REVERSAL price need to follow Green Trend line & hit target If price Breaks Red Trend line is where EXIT before SL hits POTENTIAL BUY
There's a clear triangle pattern. We are close to testing the ascending line. Watch this test for another move up or and break-retest-fall.
Touching the 100 and 200 ma, further upside expected if it breaks the downtrend from 26 april.
Head and Shoulders Patter: This sell can be a potentially long swing
Sell Eurmxn. Technical indicators show divergence, there's big probability of price reversing back to above mentioned zone.
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Hidden bearish divergence appearing on the hourly chart. Placing a Sell Stop under the recent hourly low with a stoploss above the recent trendline high may lead into a trade position that has potential to fill the gap or retest the lows. this strategy looks to take advantage of hidden divergence reversals and letting this instrument show it is making lower highs...