As you can see it has been rejected again on the support level. Now it will retest once more and if it breaks through it will shoot down. If it gets rejected it will retrace upwards and break through above the resistance level. Long term I can still see its still a bearish market.
As you can see, if it breaks through the resistance line it will have strong buyers for it to shoot upwards as a long term buy. If it goes the opposite direction and breaks through the current support line then it will shoot down creating a long term sell. Comment for any additional ideas.
As you can see as shown, xauusd will be retesting the resistance level and will probably break through with strong buyers. As of right now I see that it is a short term sell and going to keep retracing until it hits above the resistance level.
As shown above, if crude oil breaks through the top resistance level with strong buyers, it will be a buy. If there are strong sellers it will not breakthrough and drop to where I have marked because of the trend that happened previously.
As you can see there is a trend that its forming where its making a downfall wedge (short term), while once it touches the support, it will begin to rise up with the strong buyers and did the same trend on what it did before previously as marked on the chart.
CAD/CHF: Peak Formation high "M", expecting a bearish reversal. Looking to have a long term sell. Sellers are getting strong at this point and you can see from previous days that it formed a trending "M" formation and its going to do it again from high.
As you can see it is going to break through its resistance trend line and eventually shoot bullish. In the meantime its going to retest support levels once or twice as a short term sell. Long term looks like its going to break through as you can see that there are strong buyers in the market. Comment & Like for ideas.
As you can see XAUUSD has been rejected numerous of times on the resistance line. So far, it has a downward trend with strong sellers that will be bring the price below to the last line as shown in the chart.
As you can see, BTCUSD has touched the 10,500 mark trying to break through. Strong sellers at the resistance line, and strong buyers on the support line. Eventually the buyers will break through the 10,500 mark and go above the 11,000 mark. Comment, like and share my idea. What's your thoughts?