AW2729

Triple top formation on the daily, the next key support is at 1.1850. I would expect it to reach this level within the next couple of days.

Just a simple buy opportunity of the Uptrend. Wait for the retest to complete and enter. Low risk, good reward. Just a little candybar ;) Good luck :)

Bearish Head & Shoulder on the daily ?

As you can see, we are in a strong downtrend background, RSI showing it clearly. I expect a retest of the support level and a lower low all the way down to the weekly support at 108.160. Once the price shoes a rejection of the previous support, we can place a sell till the next level.

- Daily RSI shows an overbuy - Bearish candlestick formation suggests a slight reversal - Fibonacci retracement shows that price is testing a strong resistance level at 0%, even in a clear uptrend context. We can expect a pullback and retest of the lower support 23.60%. - Good luck

Title is self explanatory : Formation of a Descending Triangle after a downtrend. I would wait for a break in the support line of the triangle to enter the trade. RSI also shows a bearish trend highlighted by the red trendline, which is a sell signal. Since it is a chart pattern, SL can be tightened a little bit more to the entry price. - Good luck all

- Fibonacci retracement shows a clear respect of the 50% retracement level and means a possible short to the 38.20% level. - RSI shows that price is overbought (above 70.) - A bearish evening star candle formation supports the possibility of a sell A safe move would be SL at 79.000 above the 61.80% resistance and TP at 0.77400. Simple analysis but with many ...