1H upper trendline broken and retested, Fib levels also confirmed. With all technicals info, one can conclude for an upward momentum
Multiple rejections @ 0.64000 level, bearish pinbar also noted which indicates market reversal. I will personally be looking to break the 23% Fib level before placing any sell orders
Currently broke out of the descending channel and a support level also broken. Downward continuation inevitable
herewith 3 scenarios shared, we just wait and see which one will manifest
This is an updated bias from what was posted previously. Now a bearish flag pattern has been identified on 2H tf signalling a possible downward reversal
Rising wedge formed perfectly seen on M15 tf, also a double top is clearly seen. Both these patterns often signal a potential reversal in the market's upward trajectory therefore suggesting a downward reversal
The bearish momentum continues on this pair, all technicals lead to a falling pair
Bearish flag pattern continuation identified for this pair, expecting to take short trades from Fib level 61.8%
Completion of the M-pattern on M30, downward momentum is expected
Using Fibonacci tool, all bias and technicals points to a downward momentum til 1995.00
This is an update to a previous setup, We have seen a breakout of the channel for the first time in over a week. I can now safely say we are fully bullish, also refer to my previous analysis/bias
Bullish flag pattern identified, breakout of the channel to the topside. A more bull movement expected
Bullish flag pattern identified, pair already brokeout to the upside.
Am currently neutral as still inside the triangle pattern, break-out to either side will be the trade order to place
Here we welcome the power of channels and Fibonacci levels. The pair is swiftly moving inside the channels and the bias is too bearish. looking to break the lower TL for more downward movement
All technical indicators lead to a bullish reversal,
Ascending triangle chart pattern identified on M15 tf, this might trigger a bullish continuation when price is rejected at lower TL
A possible price rejection at 2009, we might be looking at bulls taking over until 2080