The price breaks the previous support 161.60, the corrective movement ends with breaking the uptrend, we target the bottom 160.40
The price returns to test the key level 1.0030 after the false breakout and the rejection of the 0.382 Fibonacci level. I think the pair will fall below the level of 1.0000
After confirming the breakout, the price retests the area. Respecting the Fibonacci level 0.382, creating a new resistance, We have a deeper target after selling momentum
Gold returns to 1753 levels after testing the Fibonacci retracement level of 0.382, breaking this temporary bullish trend. The two current resistance levels are a good entry point to follow the downtrend
The second correction ended with a rejection of the resistance level 1.1864, if it breaks the weak support level, it will target lower levels.
The pair corrected today by testing the level of 0.6964 If the weak support 0.6860 is broken, it will target lower levels Target 0.6700
The fall stopped at the demand level of 20800, forming a double bottom, breaking the first resistance on the 30-minute time frame, The price will make some corrections after this big fall.
-breaking bearish channel -break the main resistance -Confirm the upward trend -momentum -technical indicators -fundamental analysis
The price broke the bearish structure after crossing two main resistances, the current correction on the 30-minute time frame is testing the key level 0.9550, if the rejection is achieved, it will target higher levels
The pair returns to the bearish trend after failing to breach the resistance 163.600, the head and shoulders pattern and the break of the previous bottom indicate the end of the corrective movement. Technical indicators and negative economic news for the British economy support the idea.
The bullish wave ended with great selling momentum, after the price failed to breach the 1.0360 resistance, the price is correcting by testing the 1.0200 level, we are targeting the level 1.010 and the lowest bottom 1.0000
The price returns to the support level of 1.3100 with a strong upward movement, the price is correcting by retesting the area, and the rebound means completing the bullish movement
The first target has been reached, the second will be 0.6235. The price is testing the previous weak support, which will push it lower
A big move for the yen pairs today, after testing the 135.00 resistance, the price continues to decline as it is clear on the 30-minute time frame
After breaking the second bottom, the bearish trend was confirmed, retesting the 1.12100 area, which will push the price to lower levels
I think Bitcoin will rise more and break the previous top. We have a clear bullish trend. The end of the corrective wave is an entry point to follow the trend.
The level of 1.0240 has become the most important area after the breach is confirmed, the price is testing it in the second corrective move, Breaking the 1.0280 area will push the price higher . . . Entry at 1.0280 S L 1.0224 T P 1.0360
Momentum dip, RSI divergence, and price behavior that formed a reversal wedge pattern, all indicate a corrective movement or trend reversal.