tsiki11

tsiki11 Updated 

The price is going to a major level of ressistance to a previous high. It also will find ressistance to a monthly down trendline. If we see a red candle next month it could possibly mean that we have a double top and we will see price moving down. It could be a good entry point for 1:5 RR (100-150 pips SL and 500 TP). Let's wait to find out!

tsiki11

On the H1 time frame we trap the price between the local high and the local low, making a stream in between the price is moving. It is only logical that the price will eventually break the support or ressistance level. When this happens we wait for the retest. If it retests we wait one or two candles to confirm that the stream has actually broke. Once we prove it...

tsiki11

the price is trapped inside 1.118 and 1.113 it just bounce from 1.113 went up test the 1.118 ressistance and retest it. I belive we will see a down move to around 1.114-1.116 zone. It is a good time for some easy profit.

tsiki11

The price is trapped inside 1.1900 and 1.1300. right now it test the support zone of 1.1300. Its a good time to go short or long on eur/usd depends if it bounce back up or if it breaks the support zone test it and goes down. Not any major news coming up so no worries about that. Wait and See whats going to happen!

tsiki11

market went as expected! hit the support and the went up. it could stay between sup and res for a while. When break one or another and then retest it's a very good entry for long or short depending if it breaks and retest res or support. In the meantime one could go short or long between res and sup with a tp close to sup and res.

tsiki11

As seen before the eur/usd goes bearish...there are forming decending peaks, the previous highs as drown are now becoming ressistance. Propably the price will test the previous high(now res) and will go down again.