i have two scenarios on this pair but i am more of a buying bias (any thing can happen on price action trading) i am anticipating that price is on a retest mode so a rejection on this zone will be an alert about a continuation to the upside NOTE a huge bearish engulfing candle will be an indication for a down move or change in scenario one .if you found this...
As i have observed this pair i am anticipating that price will reject the sell zone a lot of patience will be required since price may have a little time correcting on this zone before going down if the price continues up impulsively then our setup will be invalid to take sell opportunity
As i have analysed this pair is more of buy bias for me but we may get some shorting opportunity if price bounce off the marked area. price is on a large falling channel and also on weekly chart there is a huge engulfing candle telling us that buyers have the ride . give a like if you find it useful
as i have observed this pair i am anticipating the price will respect the zone and break the falling channel towards the upward move the confirmation will be looking for price action will be corresponding towards the upward move.give a thumbs up if you have anticipate the same or you find this helpful.peace amigos
as i have observed it price is on retesting mode if a good rejection on hr 4 or two appears on the zone its probable that the price will continue to the downside.your like an comment will be appreciated tell me your views on this pair on the comment section.
According to the way i see the price is in a retest of the broken zone so i am anticipating a continuation to the downside as shown by an arrow. if you agree with the idea give a like or share your views on the comment section it will be appreciated. peace
According to the way i have analysed this pair i anticipate for a movement to the upside due to an engulfing candle on a daily chart and also a double bottom . will be looking for a break of trend line for entry.
according to my view on this pair i am anticipating a downward movement but i will be looking on what the market is telling me if price will break the marked zone to the upside i will be looking for buying opportunity.
I am expecting two scenarios on this pair to go with may trading style so i will be looking for the retest or another touch on the descending channel for a buying opportunity (price action and candle formation will help find a good entry).
I am looking for a continuation to the downside since i have seen a break of the trend line hence price may continue down so i will be looking for a price action strong break of the zone will be an indication for me to sell this pair while keeping in mind about risk management.
on this pair with great care i am looking forward for a continuation to the downside i am anticipating for a retest of the channel line before continuation i will be entering for short position on price action observation price may also continue without a retest so looking for price action is important.
i am anticipating that price will move to the downside since the price movement is in a corrective form hence the strong break of the channel will lead to the sell of this pair. looking fro price action for entry is a good thing to keep in mind.
on this pair i am anticipating that if the price breaks the channel and the marked zone price may continue with the movement to the dowside. i will be looking for price action for entry (a candlestick with good momentum).
this pair for my side has two scenarios due to the fact the past week has lead to consolidation this may lead to a strong move to the downside if the marked zone is broken. we will be looking for selling price action if not the price may broke to the upside and we will be looking for a sell on the channel line.