EUR/CAD 🇪🇺🇨🇦 is testing 2 Resistances. I expect the price to pullback from this area as we have multiple evidences for that. The price is lying just on the BB Upper , let alone that RSI and Stochastic are in the pretty high overbought areas, thus the test of the channel's midline is expected. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also...
After this mornings massive dump, the bulls are going to pull price up from all indications both from Fibs retracement, RSI and the downward triangles resistance line. That brings me to the long-term Bearish triangle which suggests a more massive dump but then if a downward channel is traced a little backwards neglecting a few inadequacies, the BULL might control...
MDB is respecting the channel and hitting exactly on the top of the channel now price is going down.
EUR/USD 🇪🇺🇺🇸 has been moving within ascending channel. According to the high overbought the pair is expected to decline down to the 1.19027 area. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section
So what do we have here? Double top + top of the channel + resistance level + overbought RSI. Set your buy orders at $100 levels.
After the 3rd rejection from the strong Resistance the the UK100GBP🇬🇧 index looks quite bearish. The ROT together with the Engulfing candle pattern suggest the pair most probably will break the Upward channel. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section
MSFT following upward channel. Currently, it's around its 20MA / 50MA (green and orange solid lines). NASDAQ:MSFT
AUD/CHF 🇦🇺 🇨🇭 is rising in the Upward channel. As the price lies above the clouds and lying on the support of the channel the price is expected to RISE and test the channel's midline. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ sectio
XAUUSD is consolidating in a bullish channel. Wait for it to break the resistance or support before using your indicators to confirm before taking a position!
GBP/NZD🇬🇧 🇳🇿 is moving within the Upward channel.According to the ROC swing and Aaron the price is expected to rise above the channel's midline. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section.
NZD/CAD 🇳🇿🇨🇦 is remaining inside the Upward channel.According to Aroon crossover there was a possibility that after being rejected by the 0.88602 lvl the price could leave the channel , however now we are seeing the decreasing Aroon Down that together with the oversold Stochastic crossover suggest that the price can test the channel's Resistance. If you like the...
The Stochastic crossover together with the Bearish Engulfing suggest that the Silver is going to slightly decline to the 24.093 from where it is supposed to bounce to tets the 25.290 lvl. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section.
Ripple is rising in the Upward channel. The support of the channel and the 0.23713 support level are being tested. Moreover , the Golden Cross and the deep RSI oversold suggest that the price is going to RISE! If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section.
EUR/USD 🇪🇺 🇺🇸 is rising in the Upward channel. The Elliot impulse wave is still on the rise and the golden cross suggest it will continue in the short-term. The Volume spike suggest the price is going to stay above the channel's midline. However , we shall be careful here as the RSI and ROT indicates that the price is lying in the overbought zone , thus the...
EUR/USD 🇪🇺🇺🇸 is moving within the Upward channel pattern and the Support of the channel happened to be reliable. The Long Lower Shadow and Bullish Engulfing together with he spike in Volume on the 4H chart suggest the price will rise. Moreover , on the 2H chart we see the Golden Cross that is providing more reasons to expect the bullish move for the pair. If you...
I'd say that's confirmation of that upward channel I previously spoke of. Set TP's all along the fib. I've had a good time so far. Potential for a bounce! Keep an eye on the yellow box. We've got good MACD on all front Stoch is oversold on 4h, has headroom on daily. volume low. beware. Told you it was quick. I'll post more in depth on what we see...
After hitting the top of the long term channel, MSFT fell back down and is testing the support line once again. MSFT is now stuck in a short term wedge pattern, and in my opinion it looks ready to break to the upside. The RSI also indicates an upcoming wedge. If there is continued market strength in the coming days, expect MSFT to breakout of the wedge. On the...