Posted August 15th, 2017.
Based on the daily chart we can see that the price bounces from 1.50000 resistance level. Probably this is a new swing high and it’s lower than the previous one. It’s a signal that we must be ready to a new downward movement. We can draw a downtrend line based on these highs. RSI confirms price reversal from the resistance...
Posted August 11th, 2017.
The price passed through the kumo and stopped at 1.15000 resistance level. It’s a buy signal based on Ichimoku indicator. DMI confirms trend markets conditions and allows trading. ADX line moves above 20 level and it can be a confirmation of possible strong upward movement. If we look at the weekly chart, we’ll also see a...