ETH/USD simple techinal analysis using RSI (which is below 30 showing that the end of the current downtrend is near). The Pitchfork, along with the weak bullish doji canlde, indicates bullish movement into the rays of the upper forks. The final indictaor for bullish movement is the Fibonacci retracement.
I believe EUR/USD forex pair has both short and long term movement. Currently the price is in a clear down trend. The price is at 1.7794 & technical indicators show hat the price will most definitely touch my support line. Some time after the price touches or surpasses the support level, it is within my analysis to believe that the price will reverse. I would wait...