TREND ANALYSIS & TRADE SETUP Possible start of Uptrend. Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Technical analysis: . ARK/Dollar is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 52. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.37116000 to 0.26149000). if so, traders can set orders based on Price...
Technical analysis: . Dash/Dollar is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 39. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a...
You can see two head&shoulder in the chart. For the frist pattern, it's the beginning bearlish trend of DXY. Now, the price is out of the decline channnel,it means that the decline trend has already change ! And the MACD is above the 0 zone. If the head&shoulder bottom is formed ( it has not been formed yet!), the trend of USD will competely change! 94.25 will...