HELLO TRADER'S THIS IS MY BEARISH TREND ANALYSE WAIT FOR PRICE TREND RESPECT IN PREVIEWS SUPPORT AND RESISTANCE ZONE AFTER TREND CONTINUE TO DOWNTREND MOMENT IM FOCUS .
THIS IS MY BULLISH TREND CONTINUE IDEA. HOWEVER WAIT FOR COME KEY LEVEL AFTER HOW TO RESPECT TO KEY LEVEL AFTER TREND CONTINUE TO UP TREND YOU CAN ENTRY ,SO THIS IS MY OPINION ONLY .
The analysis is as follows: Currently, we are in the wave five of a primary impulse wave. What makes me believe this idea, is that there is clear alternation in the waves 2 and 4. Wave 2 is a short and deep zigzag, whereas wave 4 is a long and shallow triangle. The wave 3 is CLEARLY extended, and this is obvious from its very shallow corrective waves, and its...
This is my bearish trend idea, now during bearish flag you can see it .Wait for clear breakout to downtrend after you can entry, because the overall bearish trend . Only in my opinion.
1. Clearly up trend Waiting price to break correction or reach last support level.
I am shorting this pair after seeing price reject current resistance which also aligns up with FIB levels. I am targeting previous support.
Price is bullish and following the trend. It also made a double bottom pattern on fib level 1. If price break through our fib level 0.618 i will head into my trade. Im not into a buy scenario. so if the price keeps going up im not heading into the trade.
Who would have guessed that the next HKD pair was going to be bearish? I mean, c'mon... Zigzag forming now, in C Wave. Fibonacci extension gives me three goals in purple, and invalidation is in red as per usual. Remember, this is not financial advice - your decisions are your own.
The consolidation zone of the past days has been exceeded.
The euro has gained momentum and shall try to test the January 2018 again.
considering JP Morgan's bullish long term outlook on EUR this analysis shows the continued trend for EUR to rise along pitchfork from July 2019 and beyond
Holding well above the MA the momentum is increasing again.
Please see my EURJPY, EURCNY pair reviews. This appears to be a more advanced, more progressed fractal pattern of those two pairs. We are moving up here, I believe. This is not financial advice, please do you own research and for chrissake's think for yourselves.