dawnzul

dawnzul

Possible swing for this pair and target and stop losses. Reason for long will be provided below: 1) double bottom formation - As you can see from the chart, valid double bottom form around 80.00. Reason being the closing of the price doesn't break the previous low. This gives us a confluence in supporting that the price will be bullish. 2) Candles keep...

dawnzul

potential for long 1) strong trendline support. -There's few false breakout in between trendline which suggest a strong trendline. 2) Candle hasn't broken through the trendline and resting nicely on the trendline itself. 3) Currently found support on 61.8% retracement. 4) Ema 200 suggest bullish bias 5) making higher high, higher low signifying of...

dawnzul Updated 

Reason for long :- - EMA 200 is under the zone indicating its in bullish trend -Bouncing on the key support zone (38.2) which if we look left, shows a traces of previous structure - Bullish flag pattern form - If there's a bullish candle close on the next day which breaks the red line, potential to go long on 1st target : 1.01646 and 2nd target : 1.0400

dawnzul Updated 

Trying to keep it simple. - Head and shoulder formation forming on 4H chart

dawnzul Updated 

- short - strong resistance line

dawnzul

Still a newbie. Feedbacks are welcome. - Shorting opportunity 1st) Forming of head and shoulders as featured. 2nd) If it breaks the trendline and the potential reversal zone which is shaded.