The price has breakout the triangle. Set target according to the width of the triangle.
The price is forming an upward channel and making peaks and troughs exactly along the channel. Now I expect it to again form a new peak and trough. The channel breaksout through the downtrend having support level 1,2,3.
The price is having a support level at around 45.58 Now I expect the price to move up to the level of resistance.
The price is now in downward move. If the price crosses the target 1 then it has to move to the target 2 depends upon the breakout of the support level 1.
The price will go more towards downtrend. In 1hr chart, the price will take a little correction towards the resistance and come back to its bearish trend again.
The price after hitting the support level will bounce back to uptrend.
The price is moving along the channel and now I expect the price to go towards downtrend.
The price after touching the support level again is in uptrend to the target level. Earn pips of 50 plus.
The price is moving to retest the resistance level and if it crosses the MA then it will cross 0.95 price level.
The price is exactly moving along the channel and now it is in uptrend because it has a strong support level. It can reach to the upper high price of channel if it crosses the 1.566 price level.
The price on touching the resistance level will bounce back to the support level.
The price after touching the support level moves to the upside. Waiting for uptrend.
The price will bounce back from the support level towards either resistance level 1 or 2.
The price is forming a H&S pattern and if it crosses the upper red trend line( white arrow as shown in chart) then the pattern fails If not then the right shoulder formation takes place. Share your ideas in the comment box, i'll be glad.
The price is having a support on MA will bounce back to form a next peak.
The price is having a support level 1&2 so it is moving towards upside.
The price is in long position now. Price either touch the target or the trend line from where the breakout takes place. Happy trading!!!!
The price is moving upward on touching the support level. Happy trading!!!