From what I can see, this seems to be a possible break & retest pattern on the 4H timeframe. Price seems to be respecting each area it’s breaking through, the same way it was respecting the areas on the way up.
From what I can see, there seems to be a possible break & retest pattern on the 4H timeframe. Since price broke back up above the 1.20000 area, it’s been fairly bullish, especially when it broke through the descending trend line. With this, I’m expecting a bullish continuation after the retest.
From what I can see, price seems to be respecting the ascending trend line after it broke the resistance area of 0.68600. With this, I’m expecting price to test the trend line once more before reaching the resistance area of 0.70600.
From what I can see, price has broken through to the downside on what looked like an ascending triangle. With this, I expect price to continue bearish until it reaches the support area of 1.72200.
From what I can see, there seems to be a possible break & retest pattern on the 4H timeframe. This is after price respected the downwards trend line. If price does revisits the support area of 160.500, there’s a possibility of price being bullish because on the daily timeframe, the pattern that I can see would resemble an ascending triangle.
From what I can see, price looks to be in the process of making a head & shoulder pattern. Since price is travelling in the range of 83.100 and 86.600, there’s a high possibility that the pattern will hold, leading to price visiting the support area of 83.100.
From what I can see, this looks like a possible falling wedge pattern on the 1H timeframe. If the pattern does hold, I’m expecting price to visit the area of 0.89700.
From what I can see, this looks to be a possible break & retest pattern on the 4H timeframe. Since the area of 0.97100 seems to be a area of interest, I’m expecting price to react after breaking through. To add to my sell bias, on the weekly timeframe, I can see what look to be a evening star pattern. This pattern usually indicates a sell of price.
Price has broken the support area of 0.97100. With this, I’m expecting price to continue falling until it reaches the support area of 0.95100.
From what I can see, price looks to be struggling to respect the support area of 1.74500. I believe price will break through and visit the new support area of 1.73200.
At the moment price is testing the support area of 105.800. I believe this support will be too weak to hold the price up, resulting in price breaking through and testing the support area of 104.700.
Price looked like it would create a head & shoulder pattern on the 1H timeframe, then it broke through the support area of 0.66400, voiding that pattern. Now price looks to create a break and retest pattern with the new resistance area.
Ever since price created a double top pattern at the 0.72600 area, it has been on a relatively strong sell-off. This being added to the the long term selling this pair is going through. From what I can see, price has created and broken through a descending triangle to the downside. With that, I believe the shorting will continue.
Price created a double bottom pattern on the 4H timeframe, resulting in price breaking through the resistance area 140.300. I believe the bullish momentum will continue after price retests the area with a break & retest pattern. I see the momentum carrying price to the support area of 141.900.
Something to look out for. There’s a possible break and retest pattern on the 4H timeframe for this pair. The last time this pair broke the area of 0.97100 to the upside, it retested the area before visiting the previous high.
By the looks of it, price created a descending triangle on the 4H timeframe, broke through it and retested the trend line before continuing its sell off. Now price looks to retest the trend line again. If the trend line holds, I believe the support area of 0.59500 will be visited.
By the looks of it, there’s a possibility of price continuing to retest the descending trend line of the descending triangle. Price has already tested the trend line after breaking the support and failed to break through, resulting in price having a short sale off. If the trend line holds, I believe price will visit the 0.65200 support area.
From what I can see, there seems to be a possible break & retest pattern on the 4H timeframe. When broken down to the 1H timeframe, you can see there was a possibility of a head & shoulder pattern, until price broke through the neckline. If price respects the new resistance, I can see price going to the 0.651500 area.