We still in the seller's territory. Maybe the sellers will step.
We still in the seller's territory. I have a pending order waiting to be triggered should sellers come back in as anticipated.
We still in sellers territory with the Aussie pairs. The bears might step in on the last move to take out any buy positions.
Bull falling wedge. Buyers still in control. Let's see how this plays out.
Last time we were at this level or rather zone. We had price reverse. We might see the sellers come in to take control.
A weak Dollar. The trend overall is a bullish one. Hence the Bullish Butterfly
Failed to make a new higher high. We are still in a sell zone. So waiting for a last push to the downside.
Failed higher high. We still in the buyers' territory. If you take this, it will count as a counter trend.
Breakout just happened at 120.843 level. The trend is bearish. Possible false break as the momentum to the downside does not look strong. Will wait for this one out until the around the 120.475 -120.258 area for buyers to step in.
The price tested resistance. This is evident when using the kijun bounce strategy. But looking at just price action we have a 1.37 - 1.38 zone
Strong impulsive move after a hit at resistance. We currently testing support. Below the 20 ema. The trend is Bearish. A potential short entry on this level. Looking at what price will do at this level.
Taking pull back trade after price bounced off resistance this seems to be like the price is going into a range before we see it breakout. But I'll trade with the direction of the trend until a breakout on the counter-trend happens.
Using trendline and the ABC pattern the potential move looks to be in a long direction.
Pure price action: Broken Resistance and retracing back to level after an impulsive move.
Bounce of major support. : Confirmed by the mps system.