1.2050 support /1.2340 - resistance is the target
This has formed a support level at the current price area. This is a good entry point with SL just below the lowest low, TP is at -0.272 Fibonacci which would be a new all time high.
EURAUD made a higher low and formed a double bottom pattern and fixed above the resistance of the pattern before market close, indicating a continuation of buying pressure for the week ahead. I entered when I saw a reversal happening at the 1.56 support zone and our position is +17% in profit so far. In addition, the market is finally above the ichimoku cloud and...
THE EUROYEN PAIR HAS GIVEN US A PERFECT PATTERN.
Hi guys. So EURUSD show small downward way to 1.2110. But it's a strong support price. And when we going down pair have big volume of purchases by exchange. So my opinion long will be. I mark all interesting prices on the chart window. And show what cind of money management to use. SL at 1.2080. TP: 1.2213. Follow me.
Hi friends. Today Forex and EURUSD chart. We have long downward tendention that stop now. And its stopped by purchases under 1.2145 what showing modified "Earned" script. Levels thanks to X-Lines script. Follow me.
Price broke through the channel's resistance before rejecting it at a later point as a retest. Expecting price to make a move to the upside from this point on. Backed by the fact that for whatever reason, through thick and thin, the Euro seems to never lose steam. Momentum on higher timeframes is extremely bullish, so that's also where my bias lies.
#101 Purchase range: 1.21101 Targets: 1.21225- 1.21349- 1.21473 Stop loss The first goal: the profit to loss ratio is 1: 1 (1.20977) If the first target is touched (close one third of trades) Stop Losses Second and Third Objectives: 1.21101(Entry Range) , If the second target is touched (close another third of trades) And if the third target is touched (close the deal
long eurusd with two target that shown in the chart, because US dollar is under pressure and eurusd broke the bullish flag and is ready to fly.
Purchase range: 1.17265 Targets: 1.17472- 1.17679- 1.17886 Stop loss The first goal: the profit to loss ratio is 1: 1 (1.17058) If the first target is touched (close one third of trades) Stop Losses Second and Third Objectives: 1.17265(Entry Range) , If the second target is touched (close another third of trades) And if the third target is touched (close the deal)
I have been trading FX currencies and I want to start posting my high probability setups. This is a pair I will be watching this week for a breakout of bull flag, retest and then resumption. My bias is for a long trade but I've indicated where a short trade might be. There are multiple no man land areas I will not be buying or selling. Lots of bullish signals...
It is not confirmed that price will bounce up,,, we have to anticipate for better confirmation :)