D1 - No reversal signs. H4 - We may now expect one more push lower until the price creates a bullish divergence. Currently there are no reversal signs here as well. H1 - Triple wave down followed by double wave to the upside. Price has currently broken below the most recent uptrend line, we may expect further continuation lower.
D1 - Price broke below the uptrend line and an important support level, lower lows. Currently it looks like a pullback is happening. H4 - Bearish hidden divergence. H1 - We have two important sell zones that has formed based on the fibonacci retracement and fibonacci expansion levels of the cycles we have. Price has reached the first zone, we had bearish...
H4 - Bearish trend pattern, bullish divergence, currently it looks like a pullback is happening. Price still has room higher towards the 38.2% - 50% fibnacci retracement zone, so we may expect possible correction towards this zone. H1 - We have a five leg structure, we may expect further continuation higher in the short term.
H4 - We have lower lows, lower highs pattern, currently it looks like a pullback is happening. H1 - Until the two sell zones shown in the screenshot holds my short term view remains bearish here.
D1- Bullish trend pattern, we may look for pullbacks and buys. H4 - Currently it looks like the pullback is happening inside a bullish flag pattern, bullish hidden divergence. H1 - We have two important buy zones that has formed. Price has reached the first zone, bullish divergence. Until these two buy zones hold my view remains bullish here.
W1 - Bearish divergence, uptrend line breakout. D1 - Bearish convergence, uptrend line breakout, In addition to this, based on the Heikin Ashi candles we can see that currently we have strong bearish bodies in downward moving market conditions so it basically reflects a bearish environment. H4 - On the H4 chart too based on the Heikin Ashi candles we can see...
D1 - Price is holding below an important resistance zone formed by the top of the bullish channel and the psychological level 1650. H4 - 20 candles ride in Bollinger Bands, Extreme divergence H1 - Bearish Trend Pattern, until the sell zone shown in the chart holds my view remains bearish here.
H4 - After the big bearish move which started on the 13th of February 2020, currently it looks like a correction is happening in the form of a range. H1 - Price has currently bounced from the top of the range. Until this top (resistance) shown in the chart holds, my short term view remains bearish here.
D1 - Bearish Hidden Divergence. H4 - Bearish convergence, uptrend line breakout. Until the last high at 54.54 (Invalidation level) holds my view remains bearish here.
D1 - Price reached a very strong resistance zone formed by the 100% fibonacci expansion level of the first wave we have and an important resistance level. Bearish divergence. H4 - Price is moving inside a bearish channel, The top of this channel coincides with the daily resistance zone and also we have the 80 psychological area around the same zone. Price has...
H4 - Bearish divergence, triangle pattern breakout. M15 - Bearish divergence, uptrend line breakout. Until the H4 triangle pattern breakout holds, my short term view remains bearish here.
H4 - Uptrend line breakout, lower lows. H1 - Bearish trend pattern, bearish hidden divergence, we have two important sell zones. Until these two sell zones hold my short term view remains bearish here.
W1 - Price still has room lower towards the bottom of the bearish channel. D1 - Potential bearish hidden divergence. H4 - Bearish trend pattern, currently it looks like a correction is happening. We have two important resistance zones that has formed based on the fibonacci retracement levels of the bearish trend pattern and the fibonacci expansion levels of...
H4 - Downtrend line breakout, bullish convergence. M15 - Bullish trend pattern, potential bearish divergence. We may now look for pullbacks and then possible continuation higher.
H4 - We have an important resistance zone formed by the 61.8% fiboancci expansion level of the first wave we have. H1 - While measuring the first wave on the H1 chart the 100% fibonacci expansion level of this first wave coincides with the H4 resistance level thus making this area a very strong resistance zone. M15 - My short term view remains bullish here until...
H4 - Price still has room higher towards the top of the bearish channel. We had a first move to the upside and currently it looks like a correction is happening inside a bullish flag pattern H1 - We had a strong support zone formed by the bottom of the bullish flag and the 100% fibonacci expansion level of the first wave we have. Until this support zone holds...
D1 - Price broke below the bottom of the bullish channel. currently it looks like a correction is happening. H4 - Bearish trend pattern, currently it looks like a correction is happening. bearish divergence. We have two important resistance zones that has formed and the price has currently reached the first resistance zone. Until these two resistance zones hold...
D1 - Bearish divergence. H4 - Bearish hidden divergence. H1 - Bearish convergence, until the invalidation level at 1577 holds my short term view remains bearish here. If the price moves higher, breaks and holds above this invalidation level then this bearish view will be invalidated.