


luce878
Healthy reversal Price above the 200 MA, the 20 EMA and the Ichimoku cloud. Strong bullish impulse at the 1.288~1.289 level Stoch RSI indicating oversold area
Healthy uptrend on the 4 hour chart (Not so much on the daily) Price above the 20 Ema and 200 MA Price above the ichimoku cloud It passed the support zone at the 2.12410 level, with a little consolidation.
As the title says, my bets are on the downside if the price passes the 89.956 level. This is a strong support that the pair has touched before, but failed to pass. Now I see a strong bearish movement, big red candles and the price bellow the 20 EMA, 200 MA and the ichimoku cloud. We'll see if the japan news on Thursday and Friday will help the continuation of the downtrend
I really have my doubts about this one, there is a strong resistance line at the 0.95225 level, but the price has passed the 20 ema with 2 strong green candles. Even though, overall the chart still indicates the bearish trend, there might be a test at the 0,.95763 level, only if the price passes the 0.95225. If not, it is the perfect time for a nice swing...
This may be the beginning of a downtrend. There is a strong resistance at the 124.183 level and the interesting thing is that, once it broke the ichimoku cloud on July 21, with a strong movement. It was retested again today. Now, the price is below the ichimoku cloud, the 200 MA and the 20 EMA, making it the perfect scenario for the beginning of a downtrend.
As the title says, there are a couple of candlestick that more or less indicates the continuation of the uptrend. As a learner , I've always found that a single candlestick doesn't indicate anything, but a couple of them do. I'm (paper trading) long in this position and mi stop loss is settled at the bottom of the long lower shadow.
It looks like a reversal on the 4 hr chart, the confirmation would be that the pair crosses the 200 Moving average, the bars indicate an strong movement, but let's not forget that the daily chart shows a very healthy uptrend and this could be only a healthy retracement.
The weekly chart shows a nice uptrend. On the daily and 4 hour chart, the candles indicates me a strong buying impulse. That caused the price to move away from the 20 EMA, stabilized at the 200 MA and then continuing the uptrend. Right know the pair has settled, and this could indicate or a reversal or, most likely, a continuation of the uptrend.
I have my doubts with this short, specially at the 1.34157 level, because of the resistance in that area, but the fact that the pair couldn't pass the ichimoku cloud and the fact that the pair didn't do anything at the 20 EMA level, gave me the impression that the bears are the ones in control now. I used the 4 hour chart to set my stop loss. Let's see how it goes