I think price will bounce up from this price zone, possibly to 1.3400.
Lots of confluences Simple trade My charts are a little messy
Short term consolidation Downtrend breakout Possible breakout triangle This is my general outlook on the pair. Will be looking for a nice reward risk setup during the upcoming week.
I am looking for a buying opportunity at the monthly support on this pair.
Waiting for price to reject the 61.8% Level Will short this to the breakout point. Risk Reward seems good.
Waiting for 4 hour close to retest wedge and head up. Simple risk reward set up, buying the breakout.
Falling Wedge on the 4 hour. Trendline has been retested on the 4 hour.
Waiting to go long on the retest of the trend channel. A falling wedge seems to have formed on the daily so this pair looks bullish in the bigger picture. This is a simple short term trade setup.
Resistance on the weekly and trend line breakout.
Looking for a potential reversal pattern to trade to the upside. Keep an eye out for a breakout from the trend channel.
Price has closed outside long term bearish trend channel on the daily and 4 hour. Looking to enter upon price retest of key level.
3:1 Risk Reward Please leave feedback on this idea. Constructive criticism would really be appreciated.
The pair seems to have formed a downtrend channel and I am trading the Fibonacci cycle to the 1.618 Fibonacci Extension Level. Reward Risk Ratio 6:1
Watch for breakout of current flag and the downtrend channel Looking for an opening to long to the 2.618 fib
Downtrend channel broken Triangle seems to be forming Possible pennant formed over last week Trade the breakout.
Fibonacci Waiting for a possible set up to go long
Price is in an uptrend and heading for the 1.618 extension. Price will retest the monthly resistance zone Bullish Engulfing Forming at the 4hr level SL 1.6500 TP 1.0793 100 pips up Over 2:1 Reward Risk
Risk reward is good, price will retest the triangle breakout formation. Please leave feedback and criticism. Thank You