Charles-OW

Charles-OW

From what I can see, price looks to be consolidating between the resistance area of 1.32800 and the support area of 1.29700. After price recently rejected the resistance area, it started selling off. With the sell off, price looks to be in the process of creating a head & shoulder pattern, which would continue the bearish momentum.

Charles-OW

From what I can see, price has finally broken through the resistance area of 1.02700. With this, I’m expecting price to become bullish if it can also break through the resistance area of 1.03700.

Charles-OW

Something to keep an eye on. From what I can see, price had previously been respecting the resistance area of 1.10850 before breaking through and retracing back underneath it. Now price has broken clean through the area once more, there’s a possibility of a break & retest before a bullish continuation to the next resistance.

Charles-OW

From what I can see, the bearish momentum is strong with this pair. With the support area of 131.500 being broken, I’m expecting a retest of the broken area before price continues down to the new support area of 126.600.

Charles-OW

From what I can see, this pair has rejected the resistance area of 1.74500. With the rejection, price has also broken through the ascending trend line on the 4H timeframe. After this break, I’m expecting a retest of the trend line before a bearish continuation to the support area of 1.72200.

Charles-OW

Front what I can see, this pair seems to have created a break & retest pattern on the 4H timeframe. This is after price tried to break the resistance area of 0.67100 numerous times and failed. With this, I’m expecting price to continue its bearish sentiment all the way to the support area of 0.65150.

Charles-OW

From what I can see, this seems to be a possible break & retest pattern on the 4H timeframe. Price seems to be respecting each area it’s breaking through, the same way it was respecting the areas on the way up.

Charles-OW

From what I can see, there seems to be a possible break & retest pattern on the 4H timeframe. Since price broke back up above the 1.20000 area, it’s been fairly bullish, especially when it broke through the descending trend line. With this, I’m expecting a bullish continuation after the retest.

Charles-OW

From what I can see, price seems to be respecting the ascending trend line after it broke the resistance area of 0.68600. With this, I’m expecting price to test the trend line once more before reaching the resistance area of 0.70600.

Charles-OW

From what I can see, price has broken through to the downside on what looked like an ascending triangle. With this, I expect price to continue bearish until it reaches the support area of 1.72200.

Charles-OW

From what I can see, there seems to be a possible break & retest pattern on the 4H timeframe. This is after price respected the downwards trend line. If price does revisits the support area of 160.500, there’s a possibility of price being bullish because on the daily timeframe, the pattern that I can see would resemble an ascending triangle.

Charles-OW

From what I can see, price looks to be in the process of making a head & shoulder pattern. Since price is travelling in the range of 83.100 and 86.600, there’s a high possibility that the pattern will hold, leading to price visiting the support area of 83.100.

Charles-OW

From what I can see, this looks like a possible falling wedge pattern on the 1H timeframe. If the pattern does hold, I’m expecting price to visit the area of 0.89700.

Charles-OW

From what I can see, this looks to be a possible break & retest pattern on the 4H timeframe. Since the area of 0.97100 seems to be a area of interest, I’m expecting price to react after breaking through. To add to my sell bias, on the weekly timeframe, I can see what look to be a evening star pattern. This pattern usually indicates a sell of price.

Charles-OW

Price has broken the support area of 0.97100. With this, I’m expecting price to continue falling until it reaches the support area of 0.95100.

Charles-OW

From what I can see, price looks to be struggling to respect the support area of 1.74500. I believe price will break through and visit the new support area of 1.73200.

Charles-OW Updated 

At the moment price is testing the support area of 105.800. I believe this support will be too weak to hold the price up, resulting in price breaking through and testing the support area of 104.700.

Charles-OW Updated 

Price looked like it would create a head & shoulder pattern on the 1H timeframe, then it broke through the support area of 0.66400, voiding that pattern. Now price looks to create a break and retest pattern with the new resistance area.