KN_FXtrader

KN_FXtrader

As you can see we might face a bullish trend. 0.5 of fibo retracement is a good level to buy with target at 1.27 of fibo extension.

KN_FXtrader

Thiw is my view about EUR/USD. I think the pair would move downwards to the area of 1.077, where fibo extension and retracement co-exist. I am waiting your comments.

KN_FXtrader

As you can see everything is going as bears planning. The price is moving very harmonic between fibo extensions and retracement levels. However, there is a very strong support level, which would be crucial for the pair. This is the level of 72.00. If sellers manage to go below this level, 127,20% of fibo extension would be my first target, as the price seems to...

KN_FXtrader

The price seems to have successfully completed an H-S pattern. Plus an Elliott Wave pattern all the evidence show bearish movement in the 15min chart.

KN_FXtrader

All the existing facts show bearish trend. However it is possible for the price to be traded in the range shown in the chart. However i believe it will reach the area around level 96.000 - 95.000.

KN_FXtrader

The price move in bearish trend on Friday. It broke the daily bullish trend line and now it is getting ready to break the flag pattern. We can also see an Elliott Wave pattern plus a double top pattern on wave 3, which makes the downtrend even stronger.

KN_FXtrader

The price has offer many opportunities for buyers due to many flag formations (this is a continuation pattern). It is now close to 1.1374. A retracement is expected at this level.

KN_FXtrader Updated 

The price is possible to form an H-S pattern. A breakout of the neckline would confirm that. Otherwise, we should pay attention on 1.0937 level for more bearish action.

KN_FXtrader

The pair seems ready to form a bearish Gartley pattern. I am waiting for short at the area of 116.50

KN_FXtrader

Please like if you agree. Thank you.

KN_FXtrader

The pair is in bearish trend. I am going to trade the resistance retest.

KN_FXtrader

In my opinion the price is retracing before trying another lower low. The breakout of 0.7700 would lead the pair even lower. My trading setup is shown in the chart

KN_FXtrader Updated 

I am waiting for the ideal level to short. Pay attention on candlestick's patterns.

KN_FXtrader

We see a breakout of the channel. Also we have the completion of an AB-CD pattern at 61,8% fibonacci level. My view is shown in the chart.

KN_FXtrader

The pair is moving in many bearish channels as you can see in the chart. I expect a test of the downside line in the big black channel. More info in the chart. Please like if you agree, or comment if you disagree.

KN_FXtrader Updated 

The price tried to reach 196.00 and made a new high. However it could not stay at this area and bears pushed it down. After a retracement to point C the price broke the trendline support moving towards the important level of 175.38. This is my target and at this point a nice AB=CD pattern would have been completed.

KN_FXtrader Updated 

We may face a cup formation for this pair. It offers us a great short opportunity with high RR ratio. My final target is at 1.25000.

KN_FXtrader

The price is shaping double tops. Therefore we should wait strong pressure on this pair. I also believe in a H-S pattern which would enpower bears strengh. My sights are shown in the chart.