sankaradvisors

sankaradvisors

price is making lower highs and lower lows now approaching a strong area of resistance ,this might be a good sell opportunity any strong bearish signal will activate this trade trade with care .. good luck

sankaradvisors

three scenarios to determine the next move. 1- A correction move to 145.287 to go short from there . 2- a break above 145.287 and a retest to the same level with an opportunity to go long to 147.760. 3- price will continue moving lower to 142.343 which is the next support level

sankaradvisors

price is too high right now , A correction lower to the 0.7740 would be a good opportunity to go long

sankaradvisors

double tops(indicates down move) broken support level price is retesting the broken support rejecting from the level with an engulfing candle on the 4H chart downtrend channel trade with care .. good luck

sankaradvisors

the price is making higher highs and higher lows (uptrend), after the spike high from the retest of 1.2821 level we saw a nice bullish reaction breaking the small bearish channel to the upside providing a long opportunity..

sankaradvisors

the price is now at the major resistance level , tried to break above it twice and it failed forming two strong bearish engulfing candles this is the third try ,will the price take out this level or will it provide a nice bearish signal with an opportunity to short this pair , trade with care .. good luck

sankaradvisors

the price is clearly in an uptrend near its major resistance level consolidating in a channel . to join the bulls the price need to retest the support level (marked on the chart ) with a confirmation from the price action . trade with care .. good luck

sankaradvisors

The price is moving in a bearish channel creating lower highs and lower lows and it is moving in a strong momentum to the down side targeting the major support level. trade with care ... good luck

sankaradvisors

As we expected last week, the price broke the support level with a nice bearish candle. Now we are waiting to see a retest on a lower timeframe with price action to the broken support which will become resistance targeting the next support level. trade with care ... good luck

sankaradvisors

It is obvious that we are in an uptrend. The price bounced from the 61.80% Fib level of the whole move from the bottom to the top scale and now it is creating a stair form. Predicted Scenario: The Price is retesting the broken resistance which will become support targeting the top of the whole move. trade with care .. good luck