Rompimos un mid daily range recistance , de la consolidacion diaria que llevavamos hace semanas. podemos ver que el precio rompe el daily price zone 1.13820 encontramos soporte en otro daily zone 1.13016 que sirve como soporte al price range. daonde subimos y le dimos un retes a la zone diaria qur rompimos previamente, y continuamos bajando . if price re test ...
Entry - 1.6900 (last year's open) Stop - 1.7205 (above the high) Target 1 - 1.6425 (last month's open) Target 2 - 1.5925 (2016 yearly open) Calculate Risk between Entry and Stop Follow through with Daily Heiken-Ashi candles re-entering and lowering the Stop to maximize profit
We're seeing a technical formation on EURCAD that is indicating the potential for further downside. In order to enter the trade wait for a strong bearish candle below the structure.
Bias: Short Strategy: Symmetrical Triangle You MUST wait for a break and close below the triangle before entering shorts.
With most AUD pairs seem to have reached key support levels and about to reverse up, and EUR going ranging, riding a possible immediate consolidation for this pair. Setting up sell stop order with 1st TP @1.56210 (38.2% fib), and possible to trail this until 2nd TP (0% fib) by next week, and hard SL @1.58 (few pips above its current high/past the 100% fib...
So, EUR continues the downfall and showing no signs of heading back up. We saw an injection of buying early in the week. Due to powell's speech. Dollar did not care. It faked out to the downside the day after. Dollar also had a healthy close above 97 on Friday, closing at 97.20. I am hoping to see a 28 pip pull back into the area shown above and will be taking...
Price fail to create new Lower low below major key level instead price break upper trendline . This indicate buyer are coming in .
We're seeing potential further downside on EURJPY with a handful of factors that are currently providing confluence. We've retraced to the 61.8 fib level which coincides with our resistance fractal. This is further supported by our downward trendline and what is potentially a wedge that is forming. It is still too early to enter and we must wait for the price...
Look at chart. 1.On resistance zone. 2.Touched Trendline 3.61.8% FIB's ------- Looking for breakout counter trendline and short. | cover your's profit | Goood luuuck!)
EURUSD extended to the top of its trading range, the 127.20% extension reached and the higher Warning Line on this Schiff met. Seemingly this pair is done painting its second corrective bull leg. Bears will try to have a go at it, bulls will take some profits and that can result in this pair reaching the 1.1600 area. Selling short 1.1750 with a 70 pip stop above...
i am expecting this FX:EURCHF to go down and breakthrough the line now. thou it might make a correction but it should now be going down please like and follow. thanks
Its look like the price might be still going down.. best area to go short is at supply area. Always watch the price movement and wait for signal. (price action, break minor uptrendline at lower timeframe, or canddlestick pattern). Look for early entry point at lower timeframe. Always use good MM. ex: minimum risk reward ratio = 1:1.5
Hello everyone ! Let me show you my opinion about EUR - USD today , is moving into a triangle since a few weeks , i would try to open a short operation around 1.17400 with a tight SL and a little size . Then if will follow my idea will increase my position. Remember NFP friday. Entry : 1.17400 SL : 1.17700 TP1 : 1.16500 TP2: 1.15700 TP3: 1.15300 See you next...
Looking at the 1hr chart the EURUSD has a few setups that look increasingly bearish: 1. Triple top reversal earlier in the session 2. Failure to create bullish break of longer term consolidation triangle 3. MA cross into bearish 4. Previous redbound on 4hr 100 MA being testing - awaiting confirmation 5. 'Threes a crowd' - Price down test into MA bearish cross 6....
EURUSD has been churning for 2 months. The triangle consolidation will break. My bet (I'm short) is that it will beak down. I'm not expecting a clean break, as we are nestling above 2015-2016 resistance-turned-support and the weekly 200MA. This might produce a choppy environment. However, once these supports give way, I would expect a swift move to the lower...
Hi, We had an almost successful analyse on EUR last time and now many things are more clear for me in chart.Like we have a bearish pennant in chart and in that pennant we have another triangle formation that made more limits for EUR. By all of that i think it's time for a short trade in this triangle with 2 target. Target 1 = 1.163 Target 2 = 1.159 Stop loss =...