As price might seem Bearish to some, i don't think Vet is due to a drop lower.. Please note i might be wrong so DYOR.
Price is corresponding to our Bull Flag and touched the 0.5 (golden zone between 0.5 and 0.618) level on the fib, i am expecting price to break out around 18 February and i have my targets at $0.085 cent.
You might ask why $0.085? Well that's...
Good day traders
This is what i am seeing for GBP/USD
We had a multiyear downtrend for the pound but it seems that price is about to break out of it to the upside for a potential price target of the monthly resistance at 1.45000.
1. Possible head and shoulders pattern on the weekly.
2. Possible break of multiyear downtrend trend line.
This is my very first post on trading view, please be kind :)
i am looking for a sell because the overall trend is downwards.
Price reacted to the zone and i am looking for a break and retest off it with some bearish confirmation to take a sell based on a 1:1 Risk/Reward.
* I only use the RSI to see if price is oversold or overbought and only use trend lines,...