Use this as a guide to develop your view of the chart Main items we can see on the Monthly Chart: a) There is a massive Support zone between 1,6 - 1,2 b) This Support has been working since 1992 c) Currently, the price is on 1,6 / The first contact with the support zone d) We think the price will make reversal structures before starting the bullish...
Daily Chart Explanation: - Price broke the Ascending Channel and, then, went towards the Ascending Trendline. - It bounced from there until it faced the Resistance Zone. - After that, it started the down move again. - We will be looking for sell setups until price breaks the Resistance Zone at 8.000. 4H Vision: Weekly Vision: Updates coming soon!
🔸4H CHART EXPLANATION: . 🔸 Price bounced at the Daily Resistance Zone. . 🔸 After that, it broke the Ascending Trendline. . 🔸 Now, it is on a corrective move that can be clearly appreciated on the 4H chart. . 🔸 We will look for a lower timeframe bearish setup in case the breakout of the structure happens. 🔸DAILY CHART ANALYSIS:
Use this as a guide to develop your view. Main items we can see on the Daily Chart a) The first target of our previous forecast was achieved, and we are expecting a small correction now. b) We think this correction will be above the descending trendline or on its edge c) Our Major bullish target, still the higher trendline of the corrective Channel...
4H Chart Explanation: - Price bounced on the Support Zone and broke the Ascending Trendline. - After that, it is on a Bullish Corrective Structure. - After the price breaks it, price will up towards the Resistance Zone. Weekly Vision: Daily Vision: Updates coming soon!
Use this as a guide to develop your view. Main items we can see on the weekly chart: a) The price is on a significant support zone b) We expect a reversal movement based on the previous situations c) If the price goes up respecting previous structures that happened on the past, these are what we will be waiting -Breakout of the descending...
🔸 4H CHART EXPLANATION . 🔸 Price broke the Ascending Trendline. . 🔸 Also, the Support Zone has been broken (Now Resistance Zone). . 🔸 We are waiting for a breakout of this retracement before considering short positions. . 🔸 We will look for a lower timeframe bearish setup in case the breakout happens. 🔸DAILY CHART ANALYSIS:
4H Chart Explanation: - Price broke the Weekly Ascending Trendline and went down to the Support Zone. - Price bounced from there, developing a Pullback. - After the up correction is finished, price wil go down to the next Support Zones. Weekly Vision: Daily Vision:
4H Chart Explanation: - Price broke the Ascending Trendline and started the down move. - Now, its on the Support Zone. - If it breaks it, it will go down to the All Time Lows. Weekly Vision: Daily Vision: Updates coming soon!
Use this as a guide to develop your view. Main items we can see on the Monthly Chart: a) The price is on a significant support zone b) In this zone, we had a reversal movement in the past, after a 40% decline on AUDUSD c) Currently, we are on a 50% decline and the Major support zone and the Secondary support zone have been tested d) Based on that, we...
🔸 Daily Chart Explanation: . . 🔸 Price bounced at the Descending Trendline. . 🔸 It did a strong downside move the last days. . 🔸 We consider it has potential to reach the Support Zone. . 🔸 We will look for a lower timeframe bearish setup. 4H CHART ANALYSIS:
Use this as a guide to develop your view. Main items we can see on the Weekly Chart: a) We have two clear structures. A support zone and a resistance zone b) Currently, the price is in the middle zone between them c) We can see a Corrective Structure (signals of a continuation movement) d) Our forecast is a bullish movement towards the next resistance...
4H Chart Explanation: - Price broke the Red Ascending Trendline. - Now, it is on an important Support Zone, developing a Bearish Corrective Structure. - If it breaks the Support, it has potential to move down towards the Fibo Zone. Weekly Vision: Daily Vision: Updates coming soon!
🔸 Weekly Chart Explanation: . . 🔸 Price broke the Descending Trendline. . 🔸 After some weeks, it did a pullback towards the broken trendline. . 🔸 There was a strong rejection, so, we consider it has potential to reach the Resistance Zone. . 🔸 We will look for a lower timeframe bullish setup. 🔸DAILY CHART ANALYSIS:
Use this as a guide to develop your view. Main items we can see on the Weekly Chart: a) The price has broken a huge horizontal range b) Currently, the price is Re-Testing the broken level c) Now the price is on a consolidation (pull-back) d) When the pull-back is completed, we expect a continuation of the bearish movement towards the descending...
4H CHART EXPLANATION: 🔸 Price broke the Ascending Trendline. . 🔸 It has bounced at the Upper Trendline of the Daily Ascending Channel. . 🔸 We consider it has potential to reach the lower Trendline. . 🔸 We will look for a lower timeframe bearish setup. DAILY CHARY ANALYSIS:
4H Chart Explanation: - Price broke the Trendline held since 2009. - It bounced on the Support Zone and developed a correction. - Now, when the correction is over, expect price to move down toward the next two Support Zones. Daily Vision: 4H Vision:
🔸 Weekly Chart Explanation: . . 🔸 Price is on an Ascending Channel. . 🔸 It has bounced at the Resistance Zone. . 🔸 It has potential to reach the Ascending Trendline on this downside move. . 🔸 We will look for a lower timeframe bearish setup. DAILY CHART ANALYSIS: