After a pullback, hammer candle pattern, and huge volume, the chart appears to be conducting a minor coreection in the support zone, which suggests bulls are attempting to reject the low price. You can profit from that small movement, good luck scalpers.
We could see a pullback based on the SR ocillator and moving averages, or we could see an impulson upwards if the chart breaks the resistance.
The chart has reached a support zone, and we have significant bullish volume with a trend breakout, indicating that a reversal is likely in the next hours.
EN: The chart has continued to rise within the ascending channel, and it has now broken up the bottom trend of the channel (mobile support), indicating a downward trend reversal. FR: Le graphique a continué de monter dans le canal ascendant, et il a maintenant rompu la tendance inférieure du canal (support mobile), indiquant un renversement de tendance à la baisse.
EN: The chart has broken the trend line after being trapped inside an ascending channel, indicating that it may continue to rise while awaiting confirmation of resistance breakout. FR: Le graphique a cassé la ligne de tendance après avoir été piégé dans un canal ascendant, indiquant qu'il pourrait continuer à augmenter en attendant la confirmation d'une cassure...
EN: After an increasing trend, the chart has reached upper resistance, where I may be pushed back down, and moving averages are bearish plus the double top pattern, suggesting a trend reversal. As a confirmation, wait for the channel to break out. FR: Après une tendance à la hausse, le graphique a atteint une résistance supérieure, où il pourrait être repoussé...
EN: We are in the midst of a rising trend that has encountered resistance. The chart now appears to be correcting in the resistance zone. We may have an impulsion if the chart breaks the resistance, depending on indicators (moving averages). FR: Nous sommes au milieu d'une tendance haussière qui a rencontré une résistance. Le graphique semble maintenant se...
EN: The chart continued to rise within the rising channel. Now it's in the trading range (yellow sequantial channel), and if it breaches that yellow channel, we could see a surge upwards. As a confirmation, wait for the breakout. FR: Le graphique a continué à monter dans le canal haussier. Maintenant, il est dans la fourchette de négociation (canal séquantiel...
EN: After a downward trend, the chart has reached a strong support region with a trend line and a lower support intersection, indicating that the chart may be pulled back in that direction in an uptrend. Wait for channel breakout as confirmation. FR: Après une tendance à la baisse, le graphique a atteint une région de support solide avec une ligne de tendance et...
EN: We have a downtrend creating an elliot wave pattern that culminates in point c, where we have a strong pullback with upward impulsion, where we have a trend reversal forming a flag pattern, and we may observe an HMA & MA junction, indicating that we may have a move upwards with the given objective. FR: Nous avons une tendance baissière créant un motif d'onde...
EN: We have a downtrend channel where the chart has been going down inside, and an uptrend channel that is attempting to break through resistance and approaching the trend line, so we may see a pullback at the resistance and trendline junction point because both are acting as strong resistance. FR: Nous avons un canal de tendance baissière où le graphique a...
EN: CL1! appears to be being pushed back from the trend line until it reaches the next support zone. Fibonacci levels can be used to assess where the chart may be resisted. FR: CL1 ! semble être repoussé de la ligne de tendance jusqu'à ce qu'il atteigne la prochaine zone de support. Les niveaux de Fibonacci peuvent être utilisés pour évaluer où le graphique peut...
EN: On the chart, we have a downturn within a bearish channel. Now that the chart has reached the support zone, which corresponds to the bottom trend of the channel, we may see a reversal until the chart reaches the upper channel trendline. FR: Sur le graphique, nous avons un repli au sein d'un canal baissier. Maintenant que le graphique a atteint la zone de...
EN: There is a horizontal gold movement going on. It has now approached the area of support, where a trend reversal is possible. In that case, it may be able to reverse the downward trend and move higher. FR: Il y a un mouvement d'or horizontal en cours. Il s'est maintenant approché de la zone de support, où un renversement de tendance est possible. Dans ce cas,...
EN: We have an ascending channel with a minor support trend line, as well as a trend line that acts as a mobile resistance after the chart was pushed back three times. The chart has broken the minor mobile support, going down to the next support, which is the channel's lower trend line, where we may see a pullback or a downward impulsion. In that situation, the...
EN: If the chart breaks up the channel downwards after a breakthrough on the uptrend and 368 HMA, we may see a trend reversal. FR: Si le graphique brise le canal à la baisse après une percée sur la tendance haussière et 368 HMA, nous pourrions assister à un renversement de tendance.
EN: We have a horizontal movement into the sequantial channel, and we have a support with heavy bullish volume, which indicates the chart might be dragged upwards till it reaches the trend line, then moving back down to the next support if it breaks the one it was pulled back in. FR: Nous avons un mouvement horizontal dans le canal séquantiel, et nous avons un...
EN: The chart has broken through the green support, indicating that it will continue to fall. FR: Le graphique a franchi la zone de support verte, indiquant qu'il va continuer à baisser.