Great Bearish set up, so far. 0- Monthly shows Bearish Reversing 1- EMA 200 on Weekly shows: Bullish 2- Chart Pattern on Weekly chart shows: Bearish Reversal 3- Stochastic on Weekly chart shows: Oversold 4- EMA, 20, 50, 200 on Daily shows: all Bearish 5- Stochastic on Daily shows: Oversold
It has created a nice double top ands it's poised to go Bearish. 0- Monthly shows BEAUTIFUL Bearish 1- EMA, 20, 50, 200 on Weekly shows: Bearish 2- Chart Pattern on Weekly chart shows: Engulfing Bullish 3- Stochastic on Weekly chart shows: "K" Line cut "D" Line Bullish 4- EMA, 20, 50, 200 on Daily shows: B. Bullish 5- Chart Pattern on Daily shows: Bearish...
It's a nice Heads & Shoulders. 0- Monthly shows Bearish 1- EMA, 20, 50, 200 on Weekly shows: 200 Bullish 2- Stochastic on Weekly chart shows: "K" Line cut "D" Line Bearish 3- EMA, 20, 50, 200 on Daily shows: all Bearish 4- Chart Pattern on Daily shows: Bearish Head & Shoulders 5- Stochastic on Daily shows: Oversold
Price action from monthly down to hourly shows a great Bearish set up. Chart is self-explanatory. 0- Monthly shows Bearish 1- EMA, 20, 50, 200 on Weekly shows: Bullish 2- Stochastic on Weekly chart shows: "K" Line cut "D" Line Bearish 4- EMA, 20, 50, 200 on Daily shows: 200 still Bullish 5- Stochastic on Daily shows: "K" Line cut "D" Line Bearish 6- No...
As you can see from Price Action perspective, analyzing from Monthly, Daily down to hourly all are showing Bearish setup. Here the technical indicators as well: 0- Monthly shows Bearish 1- EMA, 20, 50, 200 on Weekly shows: 200 EMA Bearish 2- Chart Pattern on Weekly chart shows: Two Dojis and it's forming Bearish reversal 3- Stochastic on Weekly chart...
This is a very nice text book example of Break Away Candle formation. if you check NZD/USD pair on Weekly time frame, you will see these three example of Break Away happened over and over again. Break Away, Bullish consist of three almost the same size candles. First is Bullish then is Bearish and followed by another Bullish on the bottom of Bearish...
It will most likely continue Bullish move until it get to 52 weeks high resistant. 0- Monthly shows Bullish up to 52-Week High 1- EMA, 20, 50, 200 on Weekly shows: R.G.B Bullish 2- Chart Pattern on Weekly chart shows: None 3- Stochastic on Weekly chart shows: "K" cut "D" Bullish 4- EMA, 20, 50, 200 on Daily shows: R.G.B Bullish 5- 52W & ATH/L Close to...
It's going Bullish nicely on Monthly, weekly and Daily as well. However, Since Stochastic shows Overbought and There is a Bearish Butterfly, It may come down to test 1.09800 Psychological Support and then continue Bullish further more. 0- Monthly shows Bullish 1- EMA, 20, 50, 200 on Weekly shows: R.G. Bullish 2- Chart Pattern on Weekly chart shows: Huge Bullish...
The previous uptrend with Cup & Handle and Head & Shoulders was a very long Consolidation / Correction of our Bearish Primary move. Since it is broken, with an Impulsive Bearish move, we started a new Consolidation / Correction (Bullish) which will go on for a while. 0- Monthly shows Bearish 1- EMA, 20, 50, 200 on Weekly shows: RGB Bearish 2- Chart Pattern on...
This pair is very interesting. It has created a Bearish Gartley which confirms the Consolidation/Correction (Bearish) move that is going on now. Once this consolidation breaks, Impulsive Bullish move will come after. However, It is very close to 52 Weeks high Resistant 186.771 which it may makes it choppy. 0- Monthly shows Double Bottom - Bullish move 1- EMA,...
Impulsive Bearish move has been followed by a Consolidation / Correction for a while. Now, That consolidation is reaching Psychological Resistant of 1.7000, there is a great chance that it breaks it and start a Impulsive Bearish move which is the actual Primary move of this pair. 0- Monthly shows Continuation Triangle Bearish 1- EMA, 20, 50, 200 on Weekly...
There are a lot is going on with this pair. A- There is a Head & Shoulders formed and it's in the pool back stage to confirm the Neck of it and go Bearish. B- At little bit higher level, you can see that it has been on Consolidation / Correction in the past and it has been broken to continue Primary Bearish move. C- If you look at Psychological Support /...
It is bouncing between 52 Weeks High and Low. As of now, It is on continuing the Bullish move as it did a sharp Bullish reversal. It is on psychological Resistant of 0.87600. Once it break it, it will go up to 0.88600. 0- Monthly shows Bullish 1- EMA, 20, 50, 200 on Weekly shows: RGB Bullish 2- Chart Pattern on Weekly chart shows: None 3- Stochastic on Weekly...