We're up against some monthly resistance levels at 0.85430. Agressive traders wait to break and close above for confirmation. Conservative traders wait to double-bottom on the support level and then BUY. Limit: 0.86130 STOPS:0.85020
We have a trend that has retraced to a 0.382 indicating a trend -continuation. We're likely to see our daily resistance tested once more to give us a double-top for a nice SELL opportunity OR break through the resistance level and double-bottom on the 'now' support and rally. Currently we're at a poor R-R ratio to enter so wait to test resistance level to ride...
We broke the support level at 1.32406 on the 5 minute chart. We have a SELL signal! Good Luck Traders!
We're up against some major resistance levels on daily chart. Look out for the break above and close above to BUY up to 0.86130. In case of reversal potential SELL down to 0.80000 levels
Traders, We have come up on an upside-down flag pattern. Price action has squeezed itself into a corner and is about to pop! Keep a careful eye out for Volume, RSI and over-all direction. As of right now it looks to be breaking North! Happy Trading!
Technical analysis from the price action VS RSI is opposite indicating a strong 'reversal' signal. Proceed with caution. Hoping we get another good run down to 1.42610 level for profits.
We're nicely in between weekly and monthly resistance/support levels and just broke above weekly resistance.
Just broke daily structure to the down-side, look to sell once 50% RSI is reached down to 1.42605, stops at 1.43505. Good Luck Traders!
We're up against a hard weekly resistance level between 1.146 and 1.150. Looking to retest weekly resistance and watching for breakout either to the top or bottom. A break above/close above 1.150 would signal a BUY up to 1.20400 monthly resistance. A break below/close below would retest the daily support level. Will keep you updated.
We're stuck up against a major monthly resistance level at ~1.460, waiting to break-above/close-above 1.46500 to rally up to the next major resistance level of ~1.50. Wait to confirm breakout above 1.465 to BUY up to next major level of 1.500, stops should go at 1.445. Also to note we have positive RSI that is at 64.8 which would indicate we may see a retest of...