BigSwing007
@t_BigSwing007
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Price is currently heading towards resistance trendline and horizontal resistance zone @ 0.04372. Expecting bearish reaction on resistance trend line third touch. A strong bearish engulfing pattern will signal this reversal to at least 0.03604.
ETHUSD potential bullish setup ↗️ ETH still showing bullish momentum. Might bounce on the bullish trend line, for now it’s hasn’t done the third touch so expect it go lower to the trendline first. A strong bullish confirmation would be a signal to go LONG. Share your thoughts on this in comment section.
Price broke out of bearish trendline but formed resistance at $110600. Price printed a bearish engulfing pattern following Positive US jobs data. A potential two tops or double tops formed. A potential reversal to at least $105000.
Price did a trend line third touch on the bearish trendline, which in this case acts as the resistance. Price printed a bearish engulfing pattern signaling a pullback to at least 2.1600 and second target is 2.1100.
Price broke out of the bearish trend line and moved sideways in a range forming two tops or a double top. Fundamentally, US jobs data came out positive keying into hawkish tone on interest rate and influenced CPI. Price broke the neckline after 4H closure giving signal for bearish move to $3250 support. Here’s my little idea on GOLD. Follow for more.
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