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The price went up to 10941.46 then started to make a pennant. Since the price was going up before the pattern, the pennant could be a bullish signal. As we can see, the pennant seems not finished. The price tested three times within the pennant. The Bollinger Bands shrunk, which means the price may break out anytime. Recently the volume started to go up. Sellers...

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After a steep increase, the price started to make a falling wedge. The Bollinger bands shrunk a little bit at the beginning of the falling wedge, then it broadened for the body of the falling wedge. Now, the Bollinger bands shrink again, which means the price could have another breakout. The falling wedge is a bullish signal, however, this is not enough for us...

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The price came down from 488.75 at the beginning of September, it even went down to 309.1. Then it tried to recover from the low price, however, it seemed like the buyers were stronger. So, before this pennant, the price was in an upward trend. The previous upward trend indicates that the pennant now could be a bullish pennant, however, the previous upward...

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The price just made two big moves recently, which formed a bearish chart pattern. This pattern is called the ABCD pattern, we can see that it’s also based on the Fibonacci retracement. The price just broke out the upper band of the Bollinger Bands, which could tell us that the price met a pressure here. And also the Bollinger Bands just went through a shrinking....

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The price had been going up for a while, and now, it started to go down. How far would this downward trend go? The two different candles are attractive. They could be a signal for turning. Also, the price broke out from the lower band of the Bollinger Bands, this tells me that the price met a pressure here, this pressure could press the price to go toward the...

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The symmetric triangle is an uncertainty triangle. The price could break out from either side. So, we should pay attention to signals that may reveal direction. The volume shows that both sides were not confident, however, we seem to have more green bars recently. The MACD combined together and we cannot see a clear trend. And the RSI does not show any signal...

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The price has reached the lowest point for the first half-year. Due to the relationship between the two counties. Recently, the price fluctuates rapidly, however, this situation could be ending. As we can see, the price broke out from the lower band of the Bollinger Bands, which means the price could meet pressure from the Bollinger Bands here. The MACD and RSI...

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The price has been making a descending triangle since the beginning of September. The price met a strong resistance pressure which led the price to go down. We can see from the volume, the number of sellers increased rapidly. Now, the descending wedge has been forming for a month and this situation seems to last for a little longer. The next step of the...

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As we can see, the price has been making a falling wedge since Sep 14th. The Bollinger Bands shrunk, so, the price is ready for any big change. But when and where would the price makes a big change? We should pay more attention to indicators. The MACD is about to make a bearish cross, however, this is a lagging indicator. This means that the price would be in a...

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The price has been fluctuating for a while, however, we still can see the trend. The price followed the four steps, and now, we reached the fifth step, would the price follow this one as before? I would see it yes. We have some hints. The volume changed toward bullish. Also, the MACD is about to make a bullish cross. These all indicate that the price may go up...

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The price of CHNJPY has been unstable. If we do some statistical analysis on this price, the variance could be very high. As we can see, there are some big candles, some of them even broke out from the Bollinger Bands. Now, the price is forming a falling wedge. As we know, the rising wedge is a signal for bearish, so I would say that the price could go down after...

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The price had been falling for a while. Now it entered a new channel, which is an upward trend channel. So how long will this channel last? First, the MACD is still in the upward trend, and I would say that the pressure is strong. Also, the RSI is in an upward trend. Next, let’s take a look at the Bollinger Bands. The Bollinger Bands shrunk after the downward...

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The price has been through a falling wedge as shown on the graph. This falling wedge started to form on September 13th. The price was tested several times within the falling wedge, which created the wave. As we all know, a falling wedge is a signal for a bullish trend. From the volume, we cannot see anything yet. The MACD seems in a downward trend, however, the...

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The price had been falling down for a while. As we can see, the slope of the downward changed during the falling. So we can make a guess that the pressure of sellers became stronger during the falling. So, where would the price go next? I made a Fib retracement line for the falling part. As can be seen, the price is at the 0.5 level now. Considering the signal of...

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As we can see that the price had been falling for a while. The price started to fall when the US dollar rose. And now, the US dollar goes mild, where would the gold price go? The ascending triangle could be a bullish signal. Also, the volume shows that the buyers are confident. The Bollinger Bands seem to shrink, which is a signal for a big change. The MACD and...

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As we can see, the price had been in an upward trend for a while. Then, it started to form a descending triangle. As we know, the descending triangle is a signal for bearish, however, we cannot just depend on this signal. The volume shows that the sellers are more confident. From the MACD and the RSI, we cannot gather too much information, however, the MACD is a...

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As can be seen, the price has been falling down for a while. Then, the price broke the lower band of the Bollinger Bands on September 24th. During this time, the Bollinger Bands shrunk, which is a signal for a big change. The price has already bounced back a little to the 0.236 level Fib, so, I am confident with the support point I marked with a black circle. The...

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The price has been falling for a while. There are two support points for the price, both of them broke out from the lower band of the Bollinger Bands. The first support area changed the slope of the downward trend only. This support area did not have enough power to change the direction. Now, the latest support area seems to do something different. We can see...