Let's see if this trendline and the fib retracement supports the price enough. ;) If you have any questions - feel free to use the comment section below. Good trades, folks!
The DXY is making amazing and now it's going to make somthing else.
The currency will fall down a little bit at or near 91.47 to complete it's natural things.
After little drop down, what will happen is another amazing and beautiful BID price Increasement.
Hi Traders!
The price is moving in a range - or it just hasn't a clear trend.
As you can see the price reached the Support below at 0.96400.
After that it rallyed towards the Resistance at 0.97300.
It was moving around there a bit and that's when the Trendline occured.
This trendline finally got broken.
Now we are trading because the Break is our entry...
Sell opportunity was created when TL broke to the downside, currently exceeded 50% retracement level, waiting for price action signal in 30min and 15min timeframe before going short on this pair.
Someone requested ETHUSD... here is what I am seeing.
As internal momentum for trend is measured with the ADX indicator, the latest price move to the upside was on falling momentum. This divergence should help bring selling interest along the bearish trend line that is being tested at the moment. A move back to the 61.8% level is imminent and the price should...
