Tafara21

Tafara21

so this pair refused to fall this week instead it made a few more highs,well it actually gave us a beutifull sell setup for next week..i see two patterns there 1) a beutifull bearish cup and handle ..2) a beutifull bearish flag pattern ..so come monday we mantain the same bais bearish.so sellers should take over next week

Tafara21

will need to wait and see how the friday dairly candle will perform..but i think we are about to get a breakout here, thus being said will need to see a break of that trendline then a retest in order to see if the bears will come in..that will obiviously be next week

Tafara21

triple bottom or head and shoulders..call it what you want but a breakout of that neckline will give us a nice buy opportunity

Tafara21

head and shoulders pattern in construction..waiting for the right shoulder to complete if it plays out then price should go up on that right shoulder

Tafara21

i can only see bulls taking price up from here to the next resistance

Tafara21

so i see price going down to touch that support then it will shoot back up from that support zone

Tafara21

i still see bulls in control at list to that next resistance

Tafara21

double bottom..it breaks the neckline i see bulls pushing the price up

Tafara21

price likely to fall from here

Tafara21

price s currently on strong resistance level..so that level holds we likely to see price falling from there

Tafara21

so i expect price to go and retest that broken support which will push price down as a new resistance

Tafara21

1)so price is currently heading towards the broken support which will likely act as the new resistance, if it hold it will push price back down 2)if that resistance is broken there is a chance it will then be retested as the new support and if that happen it will sent price up to the next resistance level

Tafara21

breakout is most likely here

Tafara21

i expect price to be rejected on that resistance

Tafara21

im looking for a retest of that trendline and grey rectangle and if it does hopefully it will go up

Tafara21

im looking to see a bounce on that support to go retest that trendline which will likely push price further down

Tafara21

if price fails to break this resistance i see price going back down

Tafara21

i expect a little pullback then bull will take controll