Double top formed on price, price broke neckline and retested entering short looks good
price is in a rising channel, a lot of engulfing formations have formed which indicate downward movement, price keeps going up the long wick at the top candle may be a reversal sign along with the following engulfing candle if price breaks channel to the downside i expect to see further downward movement
price has recently broke weekly level turning it into support, if price is retesting the level and will bounce, i expect to see further bullish movement if it breaks the level, we may see bearish movement further down
Triangle formed on this pair with a bullish impulse if price breaks to the upside as expected, a small retest from the 78.6% level, to the trendline is possible before going up price has consolidated before at monthly support zone appropriate stops below 50.0%, support gives more protection price has bounced off of 38.2%, 50.0% and 61.8% which indicates that we...
1 flag/phaseline has formed already possible 2nd flag/phaseline is forming for confirmation price is currently indecisive further bullish moves expected if 2nd pattern forms
triangle has formed on this pattern impulse wave is bearish increasing possibility of further fall in price price is approaching my weekly level which means there might be consolidation in the area (from last 3 candles) 78.6% acts as resistance TP not certain M.A are below each other meaning bearish momentum