Using three EMAs 400, 1200, 1600, price has crossed through and back over both 1200 and 1600 EMAs.
Could wait for price to go below the 400EMA for added confirmation.
To trail SL
I am anticipating the price will further fall to around 0.00003939 and find support there where if it does, then there will be another buy opportunity up until the next resistance area.
There was bearish divergence shown on RSI but it is now looking to soon cross above 50.
Peace & Love
See trend line formed on 1 hour and support and resistance levels.
Poss long opportunity with TP at next resistance level as shown on chart.
I'm a bit late in posting this- but there's still a bit of wriggle room maybe!
Peace and love
Recent resistance line broken.
Positive divergence shown on RSI.
Momentum based trade.
Could trail SL and set initial SL at 10 pips below 200EMA.
Peace & Love
See fib levels.
The price seems to be ranging a bit now and really looking for some shift in volatility for price to resume upward trend.
1 hour chart.
See fib levels.
The price seems to be ranging a bit now and really looking for some shift in volatility for price to resume upward trend .
1 hour chart see also RSI
See fib lines, both past fib support lines were both .618 which is always interesting.
Watch for 14EMA,21EMA crossover for possible long position- would like to see both EMA crossover and previous high to be exceeded (it pretty much is close now but candle still been formed and just the shadow hovering there at the moment).
Peace and Love
