Hello friends
In the analysis of Sep 28 (at the bottom of the page), I have specified the Range area
And I expected the price to move in this range for some time
According to the following:
Weekly time frame:
- Reaching a strong support zone
- Stoch RSI; After reaching almost zero, the tendency to climb
- MACD; Tendency to climb
Daily time frame:
- Formation of HH and HLs
- Breaking the ceiling of the channel with strength and crossing MA20 and reaching MA50
And then Pullback
- In Pullback, the candles have become weaker and a Pin bar has formed (Long Lower Shadow).
- RSI and Stoch RSI; Tendency to climb
4H time frame:
- The price has pulled back after reaching the ceiling of the descending channel and MA200
- MACD; Tendency to climb
And .....
*I expect a correction to complete for the weekly downtrend
and at least; I expect another HH to form up to the 1.0712 area and reach the MA100 on the daily time frame and form a "flag pattern"
**If the price breaks the 1.0520 support, I expect the price to decline to 1.0461
And if the price breaks the strong support of 1.0461, the trend will be bearish
***However, I will not open a position until the direction of the trend is clear on Monday
be profitable
Thank you for expressing your opinion with likes and comments
In the analysis of Sep 28 (at the bottom of the page), I have specified the Range area
And I expected the price to move in this range for some time
According to the following:
Weekly time frame:
- Reaching a strong support zone
- Stoch RSI; After reaching almost zero, the tendency to climb
- MACD; Tendency to climb
Daily time frame:
- Formation of HH and HLs
- Breaking the ceiling of the channel with strength and crossing MA20 and reaching MA50
And then Pullback
- In Pullback, the candles have become weaker and a Pin bar has formed (Long Lower Shadow).
- RSI and Stoch RSI; Tendency to climb
4H time frame:
- The price has pulled back after reaching the ceiling of the descending channel and MA200
- MACD; Tendency to climb
And .....
*I expect a correction to complete for the weekly downtrend
and at least; I expect another HH to form up to the 1.0712 area and reach the MA100 on the daily time frame and form a "flag pattern"
**If the price breaks the 1.0520 support, I expect the price to decline to 1.0461
And if the price breaks the strong support of 1.0461, the trend will be bearish
***However, I will not open a position until the direction of the trend is clear on Monday
be profitable
Thank you for expressing your opinion with likes and comments
Trade ativo
Trade ativo:
It seems that the monthly candle will close with a green doji
And I'm still waiting for the modification to be completed
Be profitable
And I'm still waiting for the modification to be completed
Be profitable
Trade ativo:
I still believe in this analysis
However, due to the Range Area, we have fluctuations in the price
Be profitable
However, due to the Range Area, we have fluctuations in the price
Be profitable
Trade fechado: objetivo atingido:
The target was touched
Be profitable
Be profitable