Price is on a 4hr downtrend, looking for it to continue with the break of the current 1 hour trend. If not and breaks to the bullish side of the 4 hr downtrend I will be targeting buys. Looking to update this idea in the following days as it is early in the week.
Price is in an downtrend failed to make a make a higher higher signaling an uptrend and has also cracked the 1 hour trend line, looking for sells for a 1:1 but eventually a 2:1 tp as i think price will continue to fall.
Price has broken below previous support and has failed break through to create a new 4hr uptrend. Price has fallen away from the previous support now turned resistance. Along with divergence from the RSI I believe that price will hit the previous low or even make a lower low.
Price has broken out of the hr 1 downtrend, bearish momentum is pushing price down to possibly form a new low for the new uptrend or will fall back into the downtrend possibly hitting the previous low or making a lower low
Gold is testing support on the 1 hr chart. We can see price making higher lows but the RSI making lower lows indicting bullish momentum. We could see price make a new high or test some previous support as resistance which may cause a downtrend.
EU has broken out of a bearish channel and is testing a strong support / resistance level. If broken through we can see price retesting a new level of support (previous resistance) and if rejected look for entries based off the validity of the support to target previous highs. If you agree you can support with a thumbs up I'd greatly appreciate it.