Almost a very strong downward trend with a corresponding ADX of 45 indicating almost a very strong trend as well. Low first step potential risk to reward, but if it breaks that initial level of support at 1.26202 then it becomes a wonderful 1 : 3.5 risk to reward with a lower support level of 1.24850 (psychological level). Downward trending triangle also lends...
Strong upper trend with failed consistent selling pressure. Bullish trend on the upside with an ADX of 38 also indicating a strong upper trend as well. There is a level of resistance at 83.323 with a recommended target at the price. Recommended stop loss would be at 88.651 since this is a narrow trend window. Significant increase in upper trend over the 3 past...
Strong positive trend that has been in an upwards trending channel. ADX of 35 also indicates it is a strong positive trend. Areas of resistance at 86.420 and 86.876 provide plenty of room for potential profit. No lower wick on current candle indicates that price has not moved down at all from open with a strong bullish candle previous in the trend. Long position...
Classic trend line tunnel. Looking for a long breakout north of 134.331 or a short breakout south of 131.425. There is a strong area of minor support / resistance around the 131.800 to the 132.650. Look to enter just above or below the breakout points and watch for trend to develop.
