The price has been following an uptrend since October last year. Within the trend, it moves with clear and strong alternations of growth and corrections, at the highs and lows of which price levels are formed. Now the price has just bounced off one of them. It is likely to rise to the 78.02 point and then return to the 76.50 level.
SL - 78.6.
Remember, there is...
Yes this is definitely not the most obvious Head and Shoulders in the world. And during the previous growth and during the formation of the "head", and now the second shoulder, the price behaves very sharply and makes strong corrections. However, we can still expect that after the completion of the growth within the framework of the formation of the second...
The pair has maintained a strong growth since November last year. The basis of this growth is corrections, which account for about 60 +% of the upward movement. Recently, the price just touched the high of 1.395 and pulled back to the level of 1.384, which just made up about 60% of the volume. So the next price move is a new growth after which a trend reversal is...
At the beginning of this year, the price returned to a downtrend. The main lines of this trend start from August (resistance) and March (support) 2020. Also noteworthy is the price level 1.532, where the price is now. There were frequent corrections from this level. Now the price will bounce off it and rise to the 1.544 line. After that, either it breaks the trend...
After a sharp rise to 1.287 at the end of January, the price reversed again in a bearish trend. Within this trend, as in a similar situation, zones of strong growth and fall alternate in January, so that the price as a whole evenly touches all the lines. Now the price is at the upper border of the trend at 1.269. Most likely, it will not break the sequence and...
The pair repeats the pattern it followed in December. First, there was a sharp jump in the rate from 0.760, then a long fall (last time it was almost two months) with corrections and pullbacks. Now there is another growth spurt and touching the level of 0.780. Further, the price will likely start to fall. It is too early to say whether it will fall again to the...
Last week, gold was quite unambiguous and moving predictably, but on Friday, having begun to fall, it suddenly stopped and is now in the process of multiple corrections, practically not moving from place. The price fixed at the price level of 1826.08 and again showed a fall from it. It is not clear until the end whether there will be another correction or the...
The chart shows the tendency of the price to move in waves. First growth, then correction and rollback, new growth, and so on. At the same time, the first two waves of growth turn out to be very small, rather acting as a correction themselves. But then the price makes a jump and works out a large amount of movement at once. Now the price is in the process of...
Since December last year, the price has been in a very strong uptrend with virtually no breakdown of trend lines. But last Friday there was a breakdown of the resistance of 145.5, after which the price continued to rise. This is a strong and sharp leap, so it is very likely that this growth will not last long. Moreover, the price resistance level is located nearby...
The price continues to show a very strong rally, which it started at the end of last week. It almost approached the level of 76.3, after which a fall can be expected. The price can break the level, but most likely the breakout will turn out to be false, since the level is quite strong and has many touches. But this cannot be ruled out. And yet a more likely...
Okay, the price did rise to the level of 1846.62 and then bounced back and reversed in another decline. But that's what we were hungry for, right? Therefore, we continue to expect a fall. Moreover, the price has already broken through the next level 1826.08. Now it goes down again and comes at least to the point 1792.48. But whether it can fall even lower, we will...
Well, the price really rose to the level of 1.215 after the trend reversal at the level of 1.196. And as it was said from this point of the beginning of the fall. Now the main question is how far the price will fall. I see two flaws in the situation. 1 - the price will work out a rollback in relation to growth and start a new rise from the level of 1.202.
2 - the...
The growing trend that has continued since December 2020 is coming to an end. The price rose due to strong growth spikes and corrections, pulling back the price by 50 +% - the final growth was obtained due to the difference between the jump and pullback. After a strong growth from the level of 1.364, the price came to the current maximum of 1.385. Following the...
For two and a half months (starting from December last year) the price has been keeping a fairly calm, even movement. During this movement, a direct channel was formed between the levels 1.286 and 1.269 - this is the main price movement. However, the price will periodically break through these levels. And new points are formed at the highs of the breakouts - for...
The price maintains an uptrend since October last year. The key to such a long and steady growth is a large number of corrections. After each strong rally, the price retraces about 70 +% of the previous growth. And it continues to grow from a new level. When analyzing, you can focus on price levels at which the extremes of growth and corrections fall. Now the...
In November, the price broke through the price level of 1.196 and rose to the maximum level of 1.232. In the process of growth, periods of growth and decline noticeably alternated (strong movements with a large number of transactions). From the level of 1.232 at the beginning of the year, the price began to fall. And after exactly the same obvious collapses and...
After a strong jump in prices in December last year, the pair is moving in the zone between the two levels of 125.9 and 126.7. This is the main trend. However, the price regularly breaks through the level collapse. And at the peaks of these breakouts, two additional price levels formed, affecting the movement. Last week, the price just broke through the level of...
The pair broke through one of the nearest price levels 75.0 and continued to grow. Now she has reached the next level 75.9. It combines price extremes from 2016. The main obstacle is now - will the price break through the level and continue to grow or will it go down to the previous level?
I suppose that before falling it will continue to rise towards the 77.6...
