Risk in points: - 36 pips Gain: + 8 pips Gain/ risk ratio: +22% Teoric probability: >70% Actual probability: 75% Cumulative Gain + 221 pips
It looks like the pair didn't get enough of buying , It is very optimal to see a higher hight i think around 1.22012 According to the RSI we get a buy Signe Supports : 1.17014 , 1.18158 Resastances : 1.19402 , 1.20303 , 1.22012 .
1. After FOMC Meeting, The price is going up on Asia Session. 2. Still good chance to get the short position. @ 1.1650 above 3. Stop Loss = Entry Lvl + 2 ATR 4. TP 1 : 1.1570, TP 2 :1.1400
EUR/USD is likely to go down on the 4H chart. maybe going up more because of MACD Golden Cross below the 0 line. So, 1st entry point is 1.1880 profit target is 1.1620, if more 1.1420. Stop loss point is entry level + 2 ATR = around 1.2060(if you enter @ 1.1880) * Always be sure about your margin, position, entry, exit.
EUR/USD is likely to go down on the 4H chart. maybe going up more because of MACD Golden Cross below the 0 line. So, 1st entry point is 1.1880 profit target is 1.1620, if more 1.1420. Stop loss point is entry level + 2 ATR = around 1.2060(if you enter @ 1.1880) * Always be sure about your margin, position, entry, exit.
On this pair I don't think too much in the short term 'cause wants to move like it should, but in the long term is very interesting, looking for some key points to have in mind: 1.18579 to go short 1.16469 break and rejection zone (short term) 1.14121 buyer zone keeping the pressure where to see a choppy zone looks unavoidable, break and retest (mid...
I believe the euro/usd will close bullish for the week ending 10/20/2017 with a close above 1.19500 level which is the previous weekly high resistance
Watch carefully the price, if the price of EUR/USD goes above the resistance( white ) line, then you could start buying. If it hits it and you see red candles forming, then it won't keep going up, and you could short. Basically, if goes above the resistance line and breaks it, then go bullish, otherwise you can stay bearish. Just watch carefully.
Resistance 1 is a very long term resistance of bottoms years ago, just zoom out to weekly view
Between 17,5 and 14 is a high resistance zone, once out of it, it will slide easier till the 200MA, below that is the open gap to be filled
Bull trend is still in place so far so the best probability remains to buy every retracement to follow the flow. Always calculate the cost of the stop to properly size your trade (cost should not exceed 5/6% of your account) Feel free to ask if you need more details about my trading tools and ideas. This graph and comments can be updated during the european...
i have already 3 sell orders on the eur/usd , and i just sold for the fourth time at 1.1792 . that daily candlestick is enough for me to sell . SL : 1.18304 TP : 1.16408
I think we are on a high, here. Good chance of counter trend.
With a confidence of the Euro /Usd is more expected to go down and fast to reach the support zone but maybe should have the Exit strategy too. 0.98 is the most expected price to hit in few months but if we break the recent trend we can look for a new high then a new low after that we will look to reach 1.20 level
Weekly cycle is bearish. (Grey) Resistance at 1.1085 Weekly cycle's moving average as dynamic resistance. I'll try to sell the high of the daily cycle.
Post Brexit things are still a little unsteady but starting to get back to a normalized pattern. There was a strong Brexit impulse down which is was projected by the linked chart. It is now in correction and could resume the down movement at anytime. I am looking for a break of the blue 4 hr trend line with a small flag or correction below (three x 1 hr candles...