JureKrasovic

JureKrasovic Updated 

On the hourly chart we can see that a possible bearish Gartley formation has began to form. Waiting for the price to touch the D point, from there going short. Good luck with your trading!

JureKrasovic

Looking at the 1 hour chart, we can see that a possible Head and Shoulders formation is taking place. Waiting for the price to hit the neckline indicated and finish the formation. Entering at the touch of the neckline and going short. We wish you good luck with your trading!

JureKrasovic

Looking on the 1 hour chart, we can see that a possible gartely formation has began to form. Waiting for the C-D leg completion to form. Going into the trade at the D leg. We wish you good luck with your trading!

JureKrasovic

On the 4hour chart we can see, that a possible bullish Gartley pattern has beagan to form. Points B and C have some room that is indicated with the green rectangles. If a reversal happens inside this rectangle, the pattern is still valid. If so i will readjust the pattern accordingly. Good luck with your trading!

JureKrasovic

Hy guys! On the weekly timeframe, we see a strong bearish movement going on for quite some time. We are not expecting it to stop before it hits the indicated blue support zone. Expecting a bearish movement and then probably a bullish bounce. The price was suspended by the 0.5 Fibonacci retracements for a few days, but we have seen a big bearish candle on...

JureKrasovic

Hy guys! On the weekly timeframe, we can see, that there has been a big bearish move since the beginning of 2018. The last week from November the 4th till November the 8th we have seen a formation of a big bearish candle, that has erased the bullish movement that the market made in the previous three weeks. That is a strong indicator of a bearish direction, and a...

JureKrasovic

Short term direction: Long Reasons: Starting our analysis on the daily chart, we can see that the price has recently made a head and shoulders formation. The second shoulder has just been formed, so we are expecting a bearish move to form next, to complete the formation. The RSI, however, is on the oversold side, so there may be a sideways or a smaller bullish...

JureKrasovic

Short term direction: Long Reasons: Starting our analysis on the monthly chart we can see, that the price has been moving in the bullish direction lately, as shown by the purple line, where we can see that the price has been forming higher highs and higher lows. The bullish price movement has stopped moving aggressively to the upside as it hit the green resistance...

JureKrasovic

Short term directions: Short Reasons: Starting our analysis on the monthly chart, we can see that the price has been making a bullish run, forming a channel formation. It is now at the level of support and resistance, so the movement in the bullish direction will probably slow down a bit at this level. We are looking for a break above the resistance line, a retest...

JureKrasovic

Short term directions: Long Reasons: We are starting our analysis on the monthly chart. The price is currently at the indicated purple support line, and is making a bullish channel formation, and is also at the support line of the channel formation right now. The RSI is not overbought, so we have reason to believe that the next move on the higher timeframe should...

JureKrasovic

Short term directions: Short Reasons: Starting our analysis on the daily chart, we can see that the price has been moving in the channel formation for the last few months. The price has recently made a bearish move and has made a bounce off the lower channel support line. On the longer timeframe, we are looking for the price to make a bullish move towards the...

JureKrasovic

Short term direction: Long Reasons: Starting our analysis on the daily chart, we can see that the price has made a bearish movement, that has stopped as the price hit the previous support line. It may make a smaller bearish move before the bullish bounce as the price did not hit the support line completely but has reversed before that. Stop losses beneath the...

JureKrasovic

Short term direction: Short Reasons: Starting our analysis on the daily chart we can see, that the price has just made a five-wave Elliot Wave formation and has probably just ended the final impulsive wave 5. That means that a bearish correction is probably going to form soon. The overbought RSI also implies that that is the next move we should be looking for. ...

JureKrasovic

Short term direction: Short Reasons: Starting the analysis on the daily chart we can see that the price just made a break beneath the indicated resistance line. As the RSI has oversold a correction appeared and the price is now retesting the line from below making it resistance. We are expecting a bearish bounce as the price touches the resistance line. On the...

JureKrasovic

Short term direction: Long Reasons: Starting our analysis on the daily chart we can see that the price just made a big sharp bearish move lately, and it now seems that it is slowing down as it hits the indicated support line, that has already been active as support in the past months. The RSI is also on the oversold side. Because of that, we do expect the price to...

JureKrasovic

Short term direction: Long Reasons: Starting our analysis on the daily chart we can see that the price just made a bullish breakout above the highest indicated resistance line. The bulls were rejected at the line and the price is making a consolidation now. The RSI is overbought as well. That gives us reasons to believe that the price will get rejected by the...

JureKrasovic

Short term direction: Long Reasons: Starting our analysis on the daily timeframe we can see, that the price has just made a bearish move after breaking above the indicated line that has acted as a resistance. Now we are waiting for the price to touch the line from the upside as it now acts as a support line. We do expect it to hold and provide us with a bullish...

JureKrasovic

Short term directions: Long Reasons: Looking at the price movement on the daily chart we can see that the latest bearish movement touched the lowest indicated support line. As it has already made a big bearish movement bounce off it before, we do expect it to hold this time as well. The RSI is also getting oversold, which is another indicator for us that the price...