eurusd1hr

Sell below 1.1264. Stop loss at 1.1301. Take profit at 1.1159. Reason for the trading strategy (technically): Price continues to test our resistance as it shapes up nicely for a drop. We remain bearish below major resistance at 1.1264 (Fibonacci extension, horizontal swing high resistance) for a further drop towards 1.1159 support (Fibonacci retracement, ...

Sell below 1.1264. Stop loss at 1.1301. Take profit at 1.1159. Reason for the trading strategy (technically): Price has reached our selling area and reversed perfectly as expected. We remain bearish below major resistance at 1.1264 (Fibonacci extension, horizontal swing high resistance) for a further drop towards 1.1159 support (Fibonacci retracement, horizontal ...

Sell below 1.1264. Stop loss at 1.1301. Take profit at 1.1159. Reason for the trading strategy (technically): Price is approaching major resistance at 1.1264 (Fibonacci extension, horizontal swing high resistance) and we expect a strong reaction off this level for a drop to 1.1159 support (Fibonacci retracement, horizontal overlap support). Stochastic (21,5,3) is ...

Sell below 1.0948. Stop loss at 1.1002. Take profit at 1.0853. Reason for the trading strategy (technically): Price has bounced off our buying area perfectly and reached our profit target as expected. We prepare to sell below 1.0948 resistance (Fibonacci retracement, horizontal overlap resistance) for a push down towards 1.0853 support (Fibonacci retracement, ...

Buy above 1.0853. Stop loss at 1.0787. Take profit at 1.0948. Reason for the trading strategy (technically): Price has started to bounce off our buying area perfectly. The plan today is to remain bullish above 1.0853 support (Fibonacci retracement, horizontal support) for a push up to 1.0948 resistance (Fibonacci retracement, horizontal pullback ...

Sell below 1.0735. Stop loss at 1.0674. Take profit at 1.0776. Reason for the trading strategy (technically): Price has reacted off our selling area perfectly. We remain bearish below major resistance at 1.0735 (Fibonacci retracement, horizontal overlap resistance) for a drop to at least 1.0674 support (Fibonacci retracement, horizontal pullback ...

Buy above 1.0570. Stop loss at 1.0520. Take profit at 1.0704. Reason for the trading strategy (technically): Price has dropped nicely below our selling area last week and is fast approaching our profit target. We now look to play the bounce above 1.0570 support (Fibonacci extension, horizontal swing low support) for a push up to 1.0704 resistance (Fibonacci ...

Buy above 1.0572. Stop loss at 1.0543. Take profit at 1.0630. Reason for the trading strategy (technically): Price has dropped perfectly from our selling area yesterday and we close off our profitable bearish position because of the changing elements. We look to buy above 1.0572 support (Fibonacci retracement, horizontal overlap support) for a push up to 1.0630 ...

Greetings, Seems like my previous AB=CD trading idea is failing, however if you took the trade you could have atleast broke even or take a few pips profit. So now we have this new situation in which a bullish gartley is setting up on the chart. I am a great fan of the pitchfork tool and have used three in this chart, I drew the revelant trendlines and removed ...

Buy above 1.0575. Stop loss at 1.0490. Take profit at 1.0680. Reason for the trading strategy: Price has shot up and is approaching our profit target. We look to buy on strength above 1.0575 support (Fibonacci retracement, horizontal pullback support, pullback support to descending support line) for a further push up to 1.0680 resistance (Fibonacci retracement, ...

Sell below 1.0627. Stop loss at 1.0681. Take profit at 1.0545. Reason for the trading strategy (technically): Price is now testing major resistance at 1.0627 (major horizontal resistance, Fibonacci retracement) and we expect a drop from this level to at least 1.0545 support (Fibonacci retracement, horizontal pullback support). RSI (34) is also seeing major ...

Nice long opportunity off support for a more than 2 to 1 risk to reward ratio.

Sell below 1.0604. Stop loss at 1.0638. Take profit at 1.0494. Reason for the trading strategy (technically): We remain bearish below 1.0604 resistance (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) for a further push down to 1.0494 (Fibonacci extension, horizontal support). RSI (34) is seeing strong descending resistance pushing price ...

Sell below 1.0604. Stop loss at 1.0638. Take profit at 1.0494. Reason for the trading strategy (technically): Price is dropping nicely towards our profit target. We remain bearish below 1.0604 resistance (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) for a further push down to 1.0494 (Fibonacci extension, horizontal support). RSI (34) ...

Buy above 1.0500. Stop loss at 1.0430. Take profit at 1.0680. Reason for the trading strategy: Price dropped nicely and reached our profit target as expected. We now turn bullish above major support at 1.0500 (Fibonacci retracement, Fibonacci extension, horizontal support) for a push up to 1.6800 (Fibonacci retracement, horizontal swing high resistance). RSI (34) ...

Price has hit a key daily resistance zone which was respected and made price have a pullback which we think will be completed at the .618 FIB zone. Will keep an eye out on this pair, after last weeks choppy price action we should be seeing a new trend form to the upside. If this setups dosent work out than we are looking for the last FIB level of .786 Join our ...

1.0604 is fibonacci retracement, fibonacci extension and horizontal pullback resistance.

Sell below 1.0711. Stop loss at 1.0762. Take profit at 1.0525. Reason for the trading strategy (technically): We prepare to sell below major resistance at 1.0711 (Fibonacci retracement, horizontal overlap resistance) for a push down to 1.0525 support (Fibonacci retracement, recent swing low support). RSI (34) is approaching strong resistance at 60% where we expect ...