As you see this is a clear cup and candle structure, On the other hand we can clearly see the break above the structure
Therefore I would recommend a buy position only if you see retest
Now we could see ETHUSD touching one of 2018 Highs!
We have 2 options:
1.Standard break above the 618.58 level, then retest and the continuation of the impulsive move.
2.Aggressive pullback which is more probable due to the huge gain of ETHUSD.
leave your comments below.
As you know DXY is moving weak
On the other hand we are seeing optimism in the new Oxford vaccine
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Take a look at the chart we could hope for a good break and retest on the structure level
Leave me your comments below
As we are seeing lockdown effects spreading out in UK, On the other hand USA stocks and economy moving up thanks to the vaccine efficiency news, I would highly suggest to trade on the evening star pattern!
For a long time price has been moving in this channel, but due to PFIZER vaccine news we might finally se some new movement. I would be looking for a break beneath the support line.
Hello everybody
Today I'm suggesting you to take note of this price action area once again.
Due to GBP fundamental news, we could see confidence amongst the British men which might be a key clue for GBP to move bullish.
On the other hand the S&P500 does have a good volatility on weekly chart which is pretty GREEN.
This is bad for JPY
Back to technical.
Wee do...
Due to Fed reserve statements of more inflations on the USD we would see drops on this assets.
Technically you can see that the 23% level is crucial for traders and they don't intend to go further.
You can use the setups. Go for it
