I have been watching this pair from last week; 26/10/2020. I have been motoring and awaiting confirmation from its reaction to a previous identified level of possible support around 0.70931. If price breaks it as resistance on its way up. So far I have seen evidence of a possible turn around from a bearish to a bullish market. I have set a BUY STOP ENTRY ORDER for...
Caught sight of what could possibly be a butterfly harmonic price pattern. Price appears to be on final leg to complete pattern; would take a while to complete though. Worth the wait? Try to draw out pattern to confirm for personal confirmation. Best Wishes!!!
I have spotted that this pair is at a support that has been tested a few times, i think looking at the RSI on the daily which is at 35 and the EMA which is far from price these are both indications that price could move up. i am just waiting for a confirmation to enter i have placed a marker as to where i think price will move i have set a 150 pip SL with a 293...
COINBASE:BTCUSD
Price on the 1D chart is now just below 20EMA and 55EMA, also at the top of the triangle and mid-point of the channel, this suggests a move lower. Expecting a pinbar or bear trap into the zone that is between the monthly S1, the 200EMA and the lower part of the channel between 9000 and 8700. This would then be followed to move to the upside.
Not...
Currency Pair: EUR CAD Trend Predicted: Down Trend, SHORT. All major indicators are showing a Strong Downtrend of EUR CAD. Multiple indicators have been used, including More updates will be available shortly Bollinger Bands and 100/200 SMA.
More updates will be available shortly! Please leave LIKE or a COMMENT to keep supporting!
It's formed a XABCD and another triangle to show the predicted movement of the market it's heading to.
It's hit the resistance line twice already from previous moves and every time the candlestick hits a resistance line, it continues to crumble and gets pressured to lower the price.
I am hoping it will continue to lower because it has already hit a resistance...
I belive Eurusd is going to head back into the 1.14586 area to retest a key support level. Currently price is in no mans land. Once price reaches the key resistance level drawn in, we will be looking to sell it off to our first take profit level of 1.09456.
So for now this trade is going to require a lot of patience, as we will not be looking to do anything with...
