This chart is easy to understand , we have a downtrend channel ,I'm going to short this to the major support level i mentioned in my chart , i will look for the entry point on a lower time frame then i'll keep the position open till the price break the channel to the upside ..Good luck
Price is making higher highs and higher lows in a downtrend channel ,price reached a major support level ,so now i'm waiting for that resistance to hold and show me it wants to go lower ,i'll wait for a price action to with the trend .. good luck
we have a broken downtrend channel , price now is ranging and we're at the bottom of the range ,plus price standing on the fib level which is the broken resistance becomes support , i'm going to buy the breakout with two targets as i explained it on the chart .. good luck
price reached an important level of weekly support creating bullish daily signal and an inverse head and shoulders on 4 Hour time frame ,this looks very good to go long with three big targets and a small risk ... best of luck on the charts
I just wanted to show you the power of the price action on an important support and resistance levels ,always connect your analysis with the price action , you will be right about your trades more than 70% of the time .. keep learning ,set targets ,work on them ,be discipline,stick to your plan,make money,repeat ...
As you can see it is clear that we have inverse head and shoulders plus w broken down trend channel and a strong pin bar on support ,so now we need the price to break and close above the trend line then retest it to go long with two targets .. good luck
broken uptrend channel.. reaching 38% fib level .. strong bearish pin bar retesting broken strong support level and now acting as resistance , so as we can see there are many factors to short this ..I'm short now ..good luck
price broke support zone, we need this candle to close below and let it go lower then short the retest of the trend line because as you can see there are fake outs like the ones at the top of range so be careful .. good luck
we still in a strong uptrend reaching strong weekly resistance ,so far i'm neutral because the price is on a strong support creating higher low with buy signals and weekly resistance , If you are a seller watch for a breakdown at 114.76 then wait for a retest , And if you are a buyer watch for a breakout at 115.47 ...