Weekly chart: On the weekly chart i draw some trendlines which suggest an upmove of the price till the next resistenze zone. Daily chart: On the daily chart i draw the possible scenario cosnidering the weekly trendlines and the next support and resistence zones.
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General: The pair is in a general uptrend, but it's very near an resistence level, from which i expect a retracement Expected rate of the pair for 1st of April: 14.7970 Support: 15.0790 Resistence: 15.6866 On the weekly chart: On the weekly chart i just pointed out the main up trend and a very important resistence level from which i expect a retracement On the daily chart: On the daily chart i draw the possible scenario
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General: The pair is characterized by a main up trend, but after the price hit an important resistence level, around 14.1605, i expect a retracement on the daily chart. Expected rate of the pair for 1st of December : 13.600 Support: 13.2700; 13.600; 13.0246 Resistance: 14.1605 On the weekly chart: On the weekly chart there is a main up trend. I pointed out that the price hit the resistence level around 14.1605. Forming in that way a possible double top pattern and a future retracement. On th…
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