Potential buy set up forming for gold here. If we see strong bullish rejection at the previous resistance zone (1960.00), we could expect further bullish movement up to 1990.00. - Indicators suggest potential bullish movement to come - We're following the overall bullish trend over the past few weeks - Ascending channel, looking to see if support line is respected
Technical Analysis for USDCHF: - Descending triangle forming (consolidation pattern) - If price break support level at 0.8570, we could see continue bearish movement - The break of this support zone would be confirmation of entry - Indicators are suggesting potential bearish movement to come - Following the overall trend of this pair, which is bearish
Analysis for EUR/CHF short: - Descending channel Previous support acting as resistance at the 0.9685 level. - Indicators suggesting bearish movements on 4H timeframe - Overall bearish trend - Important rejection at the .9685 level
- Looking to break the resistance zone around 157.90 for further bullish movement toward 158.50 - 159.000 levels. - Very bullish pair, looking to keep in line with this trend - Entry was at 157.05, stop moved to entry - MACD indicating bullish movement
Bullish pennant flag pattern building here. - Recent strong bullish movements - Indicators showing signs of further bullish movement - In line with the overall trend - Looking for a break of the resistance level around 109.30
- Ascending triangle; looking for breakout above resistance level 102.95 - In line with overall bullish trend - Strong rejection at support zones - Indicators showing potential for bullish movement
- Could see price pull back when it reaches 1.8670 - If we see rejection here, price could continue its bullish movement up to the level of 1.1000 - Price will have to break through the 1D EMA at 1.0907, which may act as strong resistance
- Rejection at support (previous resistance, 0.8850 level) - Overall bullish trend - Could see price return to highs of 0.8980
- Descending triangle pattern forming - Looking for a break below 1.7500 before entry. - Overall trend is bearish, following this trend with this trade
- Bullish channel - Bounce of support at 1532 area - Resistance of mini channel broken (1540) - MACD ad Oscillator showing bullish potential - In agreement with moving average bullishness
- Strong rejection at support (previous resistance 1.05722) - Bullish confluence among indicators and moving averages - Following the current uptrend - Flag pattern forming which as touched support - price has broke this structure
- Bullish channel - Rejection at the support line indicating bullish movement - Bullish confluence among indicators and moving averages - In line with the long term trend
- Price testing Support (previous resistance 0.9180) - Good rejection off this level - Bullish confluence among indicators and moving averages - Following the bullish trend
- Descending triangle pattern - Bearish continuation of the current down trend - Bearish confluence among indicators and moving averages - Waiting until support at 99.70 breaks before entry
- Bounce off of previous resistance zone (0.9100) - Indicators suggesting bullish movement - In line with the recent bullish trend - All moving averages bullish
- Resistance zones respected - In line with the bearish trend - Indicators showing Bearish movements
Continuation Pattern: - Bearish Pennant MACD turning Bearish In line with EMA bearish trends Continuation pattern Technical indicating strong sell High probability
Key Confluence - Uptrend - Support levels - Bullish with 4H and 1D EMAs - MACD and Oscillator bullish - Strong bullish rejection at support