There has been great moves on this pair and i expect no channels so far. Hopefully we can complete the sequence. the setup is easy clean
13th Feb - (p=267,561,860/l=263) It's a great deal to explore pairs with multiple trades and its risky. Use trail stops to effect new take profits Let's ride this and see how long we can go
13th Feb - p=309/l=167 I expect lower lows at this point after the trend break out on the 4hr has failed. A short trade at this point is reasonable
this is a decisional point for this pair and its either up or down. Sideways market is not allowed due to the point that the market is trending and it has been consistently covering pips. This zone has less support and resistance and we do note expect any to be formed right now
History does repeat itself and at this instance its not too long ago we saw this movement on the pair. A triangle, breakout, correction move and a final down move followed by Fibonacci retracement. I dont go against the trend so lets remain bearish and watch this pair. Breaking down would definatelly have me selling
We've hit a remarkable low on EURUSD and I expect this to be backed by a retracement of 50% to 61.8% The entry is long but the trade bias remains short as the Downtrend is not completed yet. All the best Check out my previous EURUSD Analysis
I missed a triangle breakout on this pair. This TrendLIne on the 4HR is broken and i expect lower lows as 1hr we are already on bearish movement
OANDA:XAUUSD Its amazing how gold trends more than other pairs. The confirmations are currently keeping me bearish. Feel free to comment your ideas.
OANDA:EURUSD Hey traders, Ill be publishing daily between 0800hrs - 1200hrs +0300GMT My analysis is based on SRTF(Support, Resistance, TrendLine and Fibonacci) Take a close look at the trends, Even though we have a higher high, 61.8% level is broken and we are moving bearish. Wish you the best
Trading System on EURUSD Buy on 24th of May 2018 Technical Outlook in EURUSD. EP(Asia Market):1.1690 SL:1.1660 TP1:1.1720 TP2:1.1750 if the price level at the position on 1.1670, we could close the above trade position. SYSTEM: Range Trading Trade Management BE on 20 pips Trailing 20 pips