Tafara21

Tafara21

this pair has been playing with my mind for a while but...simple really a bounce on that lower trendline will triiger the bulls

Tafara21

so on the 15th of july i had a buy setup right on the head of this posible head b shoulders(falling wedge) and it failed so i did another analysis..so if price breaks out of that little triangle we may see a fall,,but if it breaks out of it from the top we may see price go up to test that upper trendline which will also create a right shoulder and they both...

Tafara21

looks like beara are getting tired here..can we see bulls coming in..lets wait and see..i do see the bulls coming in

Tafara21

ok so head n shoulder almost complete..if that right shoulder holds them we may likely see price head down

Tafara21

double bottom <broken neckline,,im looking to see it retested then up we continue!1

Tafara21

so there is a little head n shoulders forming here ,if its completed then we could well see bears taking control of this pair at list for a short term!!

Tafara21

this pair is moving very slow really but if this inverse head n shoulders is anything to go by..we should see a rally to the upside if we get a proper breakout!

Tafara21

so im looking to see a pullback at list to that resistance which is also our fibbo retrecement(0,618 level)..if it holds then we will likely see bull coming back to take price further down!!

Tafara21

so if this inverse head and shoulders work im looking to buy on the break of the neckline!!

Tafara21

i have risk free running sell positions on this pair already and its been doing so well,im looking to add more positions if it breaks the downside of that rising wedge as of now i will wait

Tafara21

if this inverse head n shoulders play out,if the neckline is broken and retested we may see price continue going up..personally i entered a buy on the right shoulder so if the neckline is broken n retested then i will add another position for now i will wait!!

Tafara21

so im looking to see if a retracement to those highlighted levels,if it happen and they hold then sellers will continue .2)if it breaks that support then will need to see a retest of it as resistance then sellers will take over!!

Tafara21

bulls have been in control for the past 2 weeks, i expect them to keep pushing price up

Tafara21

bulls are still in in right now but i think sellers may come back in on that point of confluence (on that red circle) if that upper trendline manages to hold

Tafara21

i see bulls still in control here

Tafara21

i can only see more upward movement from here...#keep it simple!!

Tafara21

if the lower trendline of the channel holds we might see buyers pushing price up..but sellers do look like they are fighting though!

Tafara21

so looking for a small pullback to around 1,61356 then sell from there...2) wait for a break and close below 1,60845 then sell from there!...for now we wait!!