Berenguer

Berenguer Updated 

The analysis for this pair shows that this will be a long term down trend due to the triple top price action pattern that has occurred. The triple top indicated trend reversal. the trend should relatively follow the descending trend line and at the moment this pair is having a retracement. A good place to enter a short would be when the retracement is done and...

Berenguer Updated 

Bearish Gartley forming and fib retracement as well as RSI confirm this. The first resistance is the sell limit line second resistance is stop loss. The lower horizontal line is potential support it can reach.

Berenguer Updated 

EURCHF has come to a key level and is possibly reversing due to a triple top (4H,1H) and rising wedge pattern(1D). The red line indicates area of price reversal and the green lines are levels of supports which can be taken as take profit regions.

Berenguer Updated 

Now in this setup there is two things to consider. Right now this pair is Long term SHORT trend on the daily and the weekly. However, this trend might be LONG in the short term. If the pair breaks the 4h trend line (blue) which is the one clearly depicted and closes above the first short term top indicated by the closest green line, then it can LONG to the next...

Berenguer Updated 

possible short term eurusd LONG due to weakened USD. However, this is a long term down trend so the short will occur after retracement is finished. A bad news for the euro could end retracement and cause the trend to take its natural path downwards.

Berenguer Updated 

this is the pattern on the EUROUSD on the daily chart.There is a clear head and shoulders that has formed and US economy is going be bullish for the next few days maybe the week. If you look at the 4H chart you can see the pair is on a retracement to the golden 61.8 fib zone. My suggestion is either you can Long to the fib if you feel brave because EURUSD is a...

Berenguer Updated 

we are in a very pivotal zone right now, If the price breaks the bottom trend line then it will continue the down trend however if the price reaches that pivotal golden zone then this will be price reversal. Alot of people are claiming down trend as well as trend reversal. However, we are not sure yet! these zone are drawn out so both scenarios are possible.

Berenguer

Updated Chart, I accidentally put the title of my last one GBPUSD sorry!. You can check my analysis on that one.

Berenguer

This pair is originally a down trend. However, we can see the flag price action continuation pattern getting way narrower and narrower, which is a small indication of a trend losing strength. The MACD divergence favors an uptrend. However the only confirmation is if the price breaks out the box zone(support and resistance area) which will confirm trend...

Berenguer

This chart shows that there was trend reversal to the upside due to a head shoulder price action pattern. There is a constant upside and small retrace on the key fib levels. Something to look out for is the resistance at the top which MIGHT be an early indication of double top which is trend reversal. However, this is no confirmation of trend reversal yet, the...