Hi Guys, keep an eye on Dollar Index moves to the upside were great but the move to the downside has a nice potential so keep an eye on it and get in when it will give us a nice sell setup on lower time frame to confirm the move.
Thank you for your support
GRXEUR
- Overall trend is bullish
- As long as the price is above the support area there is a good buying opportunity
- Structure is pushing up
- Wait for Confluence of Fib support line and previous resistance now is support
- Sentiment - is positive
- ( Candlestick ) ??
- Plan is to wait for the price to come back to a support area
- Take the trade when your...
We have a contraction and expansion strategy here on the EURJPY and I'm expecting the market push lower anytime soon so let's see if the market will turn around and go lower.
Happy trading Guys.
Potential Bat Pattern on the EURUSD with the finishing point at D, the 0.886 of the X to A move and a 1.618 extension of the A to B move.
The area also lies on a strong previously tested price of support and resistance.
On the lower 1 hour time frame we can also see strong RSI divergence taking place.
Stops are going one ATR above previous structure, with targets...
There is a potential bullish cypher on the EURUSD that will complete at 1.05780. Now this probably wont get filled until the jobs number comes out, but if you trade during the NFP you might have a potential opportunity here. Minimum stops as always must be under X at 1.05668 with target 1 around the 38.2 fib retrace at 1.05935 and target 2 at the 61.8 at 1.06032....
