Context: price failed to take out the highs at 14000 and the result was an increase in the downside momentum we curretly trade near the 50%mark of the major rally , at arround 11215 , the path of least resistance is down so one should wait for a clear sign of buyers stepping into the market , before considering any longs at best wait till price trades at the...
breakout of supplyline and pot. resistance.. now in a retracement one ought to buy ;) target 1.2342 StopLoss:1.22655
Context: the selling pressure increased as we broke the minor support at 22800 , but price rejected the fromer broken resistance at 21600 , so we have a rather tricky situation to trade at hand.. therefore wait for clear signs before entering any position, we currently reside at the former broken support at 22800 Trade Opportunitys: Long: reversal at...
Context: after the broken support of 24000 price attempted to rally off the demandline , but price got rejected at the former mean of the range at 26000 which is a sign of weakness, however the selling pressure isnt powerfull at the moment so there is still chance that price attempts another rally , but this time it also has to takeout the supplyline... in order...
Context: Price rallied in a strong fashion towards the major keylevel of the 50% retracement at 58800 where price currently found resistance . we currently reside at a minor support level at 58115 Trade opportunitys: Long: Reversal at minor support at 58115 Pullback after breakout of resistance at 59000 Short: reversal at resistance 58800 retracement...
Context: After breaking the major downtrendline , price made a steady advanced with increased buying pressure as seen on the lenght/stride and pace of the rallies compared to the reactions , the current rally brought us to the 50% retracement level of the downtrend at 58800 which is a major keylevel , if we break this level to the upside with a nice follow thru ,...
Context: A minor upchannel formed in this pair , the recent reaction brought us from the highs to the mean of the channel aswell as the 50% mark of the recent rally price respcted those levels , in conjunction with the strong buying pressure indicated by the strong rallies, means that price is likley to test the upperlimits of the channel again. Signs of...
Context: this pair remains in its downchannel price found support near the oversold level of the channel , a rallie attempt got rejected at the mean of the channel , and brought this pair back to the support level of 75600 price has a hard time advancing we see that price contradicts as of now , any rejection of the 50% mark at 7880 could lead to another retest...
Context: Price broke out of a minor range and the retest of thet broken resistance at 12900 held and turned support for now , any higher low near that level will reveal itself a opportunity to go long and test the major resistance of 14520 again . however as we trade near a major resistance level one should be quick by scratching any longs , a good short...
Context: Eur/Usd remains bearish , however the current rally from the lows brought us yet again near the major resistance level at 14520 , we made a series of higher lows but price is somewhat contradicting at this level which will lead to a momentum driven breakout , if that breakout occures to the downside and price gets rejected at or near the 50% mark of 1120...
this stock looks like its in a springboard position with a high momentum upside breakout potential