The marked is the region that I shall enter the market if price comes to it.
הערה
Price seems to have failed to adhare to the channel with the last swing high failing to reach the channel support.
Instead, a new channel seems to have been formed, and I think x might be a probable course of direction. This the best region to press my sell is if price goes toward the channel resistance.
הערה
If price fails to break the red highlighted level, I will expect it to act as a double bottom and operate as per my prediction toward X. although, further status to be watched out.
הערה
Price seems to have failed to break the red highlighted and thus as retracted toward resistance. Although, it is currently at the resistance of the blue bounded channel which it has recently failed to reach its support.
Also, it is just before the Moving average making the level stronger. Weather it fails to breach this zone or it goes toward the resistance of the new channel, a bearish move seems to be at bay.
הערה
Possible pair moves
הערה
הערה
הערה
Price did not enter the channel, but instead it made a strong bearish move within the blue channel and letter breached the channel's support toward the Fib level.
הערה
As seen, price is back into the highlighted channel and has retraced toward its resistance level for a possible reversal.
הערה
On a Daily chart, price is currently within the channel of which the highlighted trend channel (now hidden) were a part.
הערה
There is a small bullish channel, of which price is at it's support which corresponds to the support of a very large Weekly bullish channel with a possibility of breaking as seen bellow.
הערה
הערה
הערה
Price failed to break the the purple channel support (which corresponded to the long term channel support as indicated above). Is now headed to retest the red bearish trend line.
הערה
This level is also corresponding to a psychological level 127.00. Thus how price reacts to it shall tell of the pending direction.
הערה
I have removed some drawings and remained with the visible channel in the Daily t.f chart. I have also adjusted to were I expect the market might move toward.
הערה
Currently the market has paused just before the Moving average.
הערה
In a 4 Hr t.f price is in a purple channel and has now paused at about the midway
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.