Sharing my current Trade as the Setup currently Offers a probability to pop up.
TPZone: 1.106 - 1.108
What favors a possible higher EUR
retest yesterday 1.10 Level currently rising
possible retest of upder downward channel trendline coming in of the vicinity of 1.108
possible retest of the Breakdown (former support) 1.108...
eurusd based on demand zone around
price reached target of shark harmonic pattern at 88.6% fibo
MACD shows positive divergence and bullish momentum
RSI above 50
so its expect bullish movement to supply zone around 1.12000
(Prediction 23) (Currently at +25pips)
You have 76.15% chance of earning 20pips and 50.46% chance of losing 20pips within the next 24 hours.
Entry price: 1.10133
Take profit: 1.09933
Stop loss: 1.10333
(This applies to timezone UTC+8 30 Jan 2020 4pm to 31 Jan 2020 4pm)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Under that heading we publish signals of the indicator called “Ranger”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information...
The technical cross-section**:
A strength of trend: -3
The priority area of transactions: selling
Buying in the area of 1,1010 with a stop below 1,0980 and a profit in the area of 1,1080.
Selling in the area of 1,1080 with a stop above 1,1120 and a profit in area 1,1010.
Selling in the area of 1,1160 with a...
Here are the S/R Levels I keep an eye on for Thursday, January 30. These are Price Points where I at least expect some pause and possibly a Reversal. I use these levels to frame a Setup or to exit an Open Position. The darker the area, the more likely Price has a difficulty to break through.
My goal is to help you and or give you an extra...
EURUSD almost reach major support.
Setup 1 (short)
we can take short with 20 pips target at 1.0992
Short : 1.1013
stoploss : 1.1033
Take profit : 1.0992
Setup 2 (long)
and use pending order to enter long at 1.0992
with 180 pips target to 1.1173
Long (pending buy) : 1.0992
stoploss : 1.0976
Take profit : 1.11736
Overall, EUR/USD is trending downwards. Recently, EUR/USD tested but failed to break the key level of 1.10 downwards.
The eurozone unemployment rate data (Forecast: 7.5%, Previous: 7.5%) will be released later at 1800 (SGT).
If the released data is better than (or worse than) forecasted, euro may strengthen (or weaken) respectively.
EUR/USD’s next support level is...