D1 - The price which is moving higher has reached a key resistance zone formed by the 100% fibonacci expansion level of the first wave at 0.89197 and 0.89 psychological level, bearish divergence. H4 - Bearish divergence. H1 - Bearish divergence followed by a bearish trend pattern in the form of three lower highs, lower lows. Expecting further continuation lower...
D1 - Bullish trend pattern. The price has reached a key resistance zone formed by the 161.8% (0.96314) fibonacci expansion level of the first wave and the 61.8% (0.98591) fibonacci expansion level of the second wave. Shooting star candle pattern, potential bearish divergence. Expecting corrections to happen now. H4 - Engulfing candle pattern. The price has...
D1 - The price which is moving higher has currently reached a key resistance zone formed by the 100%(18.788) fibonacci expansion level of the first wave and the 61.8%(19.380) fibonacci expansion level of the second wave. Until this key resistance zone holds I expect corrections to happen here. H4 - Price has created two false breaks with bearish divergence. If...
D1 - Bullish trend pattern followed by a correction in the form of a consolidation. H4 - If we get a valid breakout above this triangle pattern, we may then expect further continuation higher.
H4 - Bullish trend pattern. Currently, it looks like a correction is happening in the form of a range. Bullish divergence. If we get a valid breakout above this range, we may then expect further continuation higher in the short term.
H1 - Bullish trend pattern completed. Expecting bearish pullbacks. False break, bearish convergence, bearish harami candle pattern, and most recent uptrend line breakout. We may consider these as evidences of bearish pressure. Expecting further continuation lower in the short term after pullbacks.
H4 - We have a key resistance zone that has formed by the 100% (1778.34) fibonacci expansion level of the first wave and the 61.8% (1794.43) fibonacci expansion level of the second wave. The price which was moving higher reached this key resistance zone, respected it and is currently holding below it. Bearish divergence. H1 - We had the first leg to the downside...
D1 - The price tested and false broke the 0.91 psychological zone. Bearish divergence. We also have the 61.8% (0.90920) fibonacci expansion level of the first wave coinciding in the same zone, which makes this area a key resistance zone for us. The price is currently holding below this key resistance zone. H1 - Bearish trend pattern. Expecting further...
H1 - Bullish trend pattern followed by double wave correction. Bullish hidden divergence. Expecting further continuation higher until the uptrend line holds.
D1 - Bearish divergence. H4 - Bearish trend pattern followed by double wave correction. Price has broken below the most recent uptrend line. H1 - Bearish trend pattern, expecting further continuation lower.
D1 - Price is currently holding in the psychological level 40, potential bearish divergence. H4 - We have two false breaks with bearish divergence. Expecting corrections in the short term.
H4 - The price which was moving lower respected the key support zone formed by the uptrend line and the pivot points and is currently moving higher. The price which is moving higher has currently broken above the most recent downtrend line. Expecting further continuation higher. Note: If you want to learn about the "double trend line principle strategy" you...
H1 - Bullish trend pattern followed by a correction in the form of a triangle pattern. Expecting further continuation higher after a valid breakout above this triangle pattern.
H1 - Bullish trend pattern followed by a correction in the form of a triangle pattern. Expecting further continuation higher after a valid breakout above this triangle pattern.
H4 - Bullish trend pattern. Expecting the correction to continue lower further. Price still has room lower towards the two key support zones. The first support zone is formed by the 61.8% (119.581) fibonacci expansion level of the first wave and the 50% (119.370) fibonacci retracement level of the bullish trend pattern. The second support zone is formed by...
D1 - On the daily chart the price respected the resistance zone and is holding below it. Bearish divergence. H4 - On the H4 chart the price is moving inside a range. While measuring the first wave we have with the fibonacci expansion tool the 61.8% (1750.62) fibonacci expansion level coincides with the top of the range which makes this area a key resistance...
H4 - Bullish trend pattern, bearish divergence. The price which is moving higher reached a strong resistance zone formed by the weekly and daily pivot points. I expect corrective phase now before futher continuation higher.
H4 - The price which is moving higher has created a bullish trend pattern. There are no signs that show the trend is over yet. We may expect further continuation higher after retraces.