Sell below 133.55. Stop loss at 133.96. Take profit at 131.90.
Reason for the trading strategy (technically):
Price is forming a very strong reversal pattern and we remain bearish below major resistance at 133.55 (Fibonacci extension, Fibonacci retracement, horizontal swing high resistance, Elliott wave theory) and we expect to see a strong drop from this level to ...
Sell below 1.1878. Stop loss at 1.1949. Take profit at 1.1747.
Reason for the trading strategy (technically):
Price has shot up perfectly from our buying area and reached our profit target absolutely perfectly. We prepare to sell below major resistance at 1.1878 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) for a push down to at least ...
Sell below 1.3269. Stop loss at 1.3357. Take profit at 1.3032.
Reason for the trading strategy (technically):
Price continues to hover around below our selling area yesterday. We remain bearish looking to sell on major resistance pullback at 1.3269 (Fibonacci retracement, horizontal overlap resistance, pullback resistance) for a push down to at least 1.3032 ...
Sell below 0.7889. Stop loss at 0.7933. Take profit at 0.7738.
Reason for the trading strategy (technically):
Price has risen back up to our major resistance area of 0.7889 (Multiple Fibonacci retracement, horizontal swing high resistance, Fibonacci extension) and we expect to see a strong reaction from this level to push price down to 0.7738 support (Fibonacci ...
EUR/USD spot is 1.1807, moving near about 1.1800 (physiological level), market is ranging from 25 sep to till now from 1.1688 to 1.1880, 200 Pips range, currently it’s potentially forming head and shoulder I’m expecting if market break this support at 1.1688-80, then head and shoulder would be confirm and it’s expected to be down up to 1.1400 level, ...
This System aims to pinpoit entry (blue bar) and exit points (white bar) for long and short positions for short day/intraday trades based on the convergence of important indicators with a pleasant and elegant system to simplify the AT technical terms and interpretation, all that math is done in the background for the trader.
The system consists on entering in a ...
Sell below 133.29. Stop loss at 133.96. Take profit at 131.90.
Reason for the trading strategy (technically):
Price has shot up from our buying area and reached our profit target perfectly. We prepare to sell on major resistance at 133.29 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) for a push back down to at least 131.90 support ...
Buy above 1.1747. Stop loss at 1.1709. Take profit at 1.1878.
Reason for the trading strategy (technically):
Price has touched our entry and bounced off perfectly as expected. We remain bullish above major support at 1.1747 (Fibonacci retracement, horizontal overlap support, bullish divergence) for a push up to at least 1.1878 resistance (Multiple Fibonacci ...
Buy above 0.7146. Stop loss at 0.7093. Take profit at 0.7245.
Reason for the trading strategy (technically):
Price has been testing our major support atc0.7146 (Fibonacci retracement, horizontal overlap support) and we expect to see a strong bounce off that level to push price to at least 0.7345 resistance (Fibonacci retracement, horizontal overlap ...
Sell below 88.76. Stop loss at 89.38. Take profit at 87.92.
Reason for the trading strategy (technically):
Price has shot up from our buying area and reached our profit target absolutely perfectly. We prepare to sell on major resistance at 88.76 (Multiple Fibonacci retracements, horizontal swing high resistance, Fibonacci extension) for a push down to at least ...
Buy above 1.1747. Stop loss at 1.1709. Take profit at 1.1878.
Reason for the trading strategy (technically):
Price has continued to drop further as we look to buy above major support at 1.1747 (Fibonacci retracement, horizontal overlap support) for a push up to at least 1.1878 resistance (Multiple Fibonacci retracement, horizontal overlap resistance, Fibonacci ...
Buy above 131.90. Stop loss at 131.12. Take profit at 133.42.
Reason for the trading strategy (technically):
Price continues to test our major support level. We remain bullish looking to buy above major support at 131.90 (Fibonacci retracement, Fibonacci extension, horizontal overlap support) for a bounce up to at least 133.42 resistance (Fibonacci retracement, ...
Buy above 0.7146. Stop loss at 0.7093. Take profit at 0.7245.
Reason for the trading strategy (technically):
Price is approaching major support a t0.7146 (Fibonacci retracement, horizontal overlap support) and we expect to see a strong bounce off that level to push price to at least 0.7345 resistance (Fibonacci retracement, horizontal overlap ...
Sell below 0.7834. Stop loss at 0.7872. Take profit at 0.7768.
Reason for the trading strategy (technically):
Price is testing major resistance at 0.7834 (Fibonacci retracement, horizontal overlap resistance) and we expect to see a strong reaction off this level to push price down to at least 0.7768 support (Fibonacci retracement, horizontal overlap support, ...
Buy above 87.92. Stop loss at 87.20. Take profit at 88.85.
Reason for the trading strategy (technically):
Price continues to test our buying area and is starting to bounce nicely. We remain bullish looking to buy above 87.92 support (Fibonacci retracement, horizontal overlap support, bullish exit) for a push up to at least 88.85 resistance (Fibonacci retracement, ...
Sell below 112.65. Stop loss at 113.51. Take profit at 110.90.
Reason for the trading strategy (technically):
Price continues to drop nicely towards our profit target. We’re still bearish on this move and we need to wait for price to make a retracement towards our sell entry before we take another position. We remain bearish looking to sell on strength below major ...
Buy above 87.81. Stop loss at 87.40. Take profit at 88.75.
Reason for the trading strategy (technically):
Price has bounced up nicely from our buying area and made a bullish exit of an intermediate descending resistance-turned-support line. We remain bullish looking to buy above major support at 87.81 (Fibonacci retracement, horizontal overlap support, Fibonacci ...
