As shown on the chart, gold is facing some serious selling pressure. My bias is that gold will most likely rise after reached support zone.
Price is currently at a resistance level. Going short is my plan.
After a long drop in the price of Bitcoin, price has reached a point of possible reversal the the upside.
Price retesting previous broken trend line, currently on support level.
Price has reached support/ demand zone. Possible reversal to the upside.
Price is at a resistance/supply zone on this channel. Going short.
Gbpcad has shown few touches on the trend line in the daily time frame chart. Price has presented itself back at the support zone/demand zone ready for a bullish move.
Price is currently bullish. It will soon reverse to the downside at the resistance level.
Resistance on the 1h timeframe has been respected several times. Price is currently at that point. I am looking at a sell speculation.
3 touches done already. Possible move to the downside.
Asset in overall bullish trend on the daily timeframe. Another buying opportunity pops up.