Overall trend still uptrend. Gonna look closely to few key level and make trade on that area.
Using Bollinger band, price just above mid BB which potential buy. Still waiting for bigger candlestick to close and confirm.
GBPUSD currently in consolidation phase, might gaining strength to continue upward movement. Wait for candle confirmation first.
Waiting for Pullback to previous support and entry buy on upside.
Using basic price action analysis, I believe that uptrend are very much intact and now price are making small index. Previous low not yet breached and now price are going higher. Refer to chart to see key support and level. Happy trading.
Trading based on swing trader. Bearish crossover of moving average in the chart, however price try to retraced from 50% Fibonacci level. Expecting the price to go higher to R1. However, need for candle to close higher for confirmation. If break break the level, assumed trend to continue the downtrend and go lower.
Share price increase suddenly which show momentum, however this momentum is not shown in MACD indicator. Price already move beyond middle band of BB and touching upper band, which indicated bullishness. Expecting the share price to go higher.
This pair looks like it already breakout from the box range. And I suspect there will minor retracement to test the level again. price most likely to go lower, however if price enter the Box again, I say the consolidation is still there. Will update later.
Clear pin bar at resistance level signaling downside momentum for retracement. Will enter into short position and watch until target Fibonacci.
Price are currently at key level resistance which is very strong. I will watch for any bearish price action signal before shorting. If price broke this resistance, price are going higher and stronger.
Overall uptrend are still intact. However, bearish pin bar at key resistance may signal a retracement to the support level for short term before continue upside. Can take the opportunity to go short here.
This trade idea is purely based on support resistance and price action. Back to basic I guess. Looking at chart, I believe market will make retracement downside before rebound to the upside. Now waiting price action that happen at key support before enter position. Happy trading guys.
Hi, this post is totally for my own analysis. I try to be simple as possible. Easy trading right. Using Bollinger Band, price are seen touching the lower band so we expecting the price to move upward and test the middle band. I expect the bullish as we can also can see a Bullish Morubozu candle already formed after spinning bottom candle. ADC indicator are over...
Hi, this is my first trading analysis here and this one is for me and my own use only. I use this site to make an habit of making analysis every day. I see that uptrend are still intact, so still should enter long for now. Price make a bit retracement to support level 1.2089 before continue upward. ADX Indicator are above 20, which means the trend is still...
Overall, uptrend are still intact based on daily chart. However, I am waiting for the confirmation on H4 to jump into long position. Waiting patiently like a great sniper. Hee