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I see 2 buy opportunities on next week
1. I will open Buy if the price will make a pullback to 1.1302. Because EUR/USD made a fake broke key level 1.1302 + D1 and W1 chart close above it.
2. If the price will break up key level 1.1432 and D1 close above it. That will 2nd safe place to open buy.
Also, Euro made a fake broke on Weekly chart, that the main reason ...
Trading plan for next week
I look to open Sell entry because of GBP/USD is under Brexit presser.
Also, the price on daily chart closed under key levels 1.2839 and 1.2829.
H4 picture, we see that price made a fake broke of level from which it bounced several times.
I will open sell on next week near 1.2829
S/L will be at 1.2859
Goals are 1.2710 and 1.2680
I will open Sell if the price will make a pullback to Sell level 1.3210
Canadian Dollar made a fake broke of key level 1.3210 D1 close under it.
GBPUSD has made a retest of the bottom of the box.
It seems that the support is valid so far.
And perhaps 500 pips pool ahead for pips hunters as long as nothing surprise us or some good news come from Brexit.
If something bad happen, Pounds will be the weakest currency because it will test new low by the bad news. And that will make GBPJPY, GBPCAD, GBPCHF all go ...
NZDUSD has turn its trend since Otc.
The first wave of the main uptrend will send it up to 0.7170 by 3 or 5 waves.
Less is more!
We have this before
And we have our target 1 hit already on last Friday
Now the trade is still valid and targeting target 2 and 3.
The red channel is still guiding UJ up now, meaning that after the end of blue arrow, ...
On the chart I think there is a good support zone, and pattern looks like Wyckoff accumulation cycle, so i will take this trade at RSI breakout confirmation.
1.13 looks good level for take a trade.
Targeting next resistances at 1.16 and 1.18 will be good for next weeks.
Hey traders , hard trade days we walk through but we will survive in this or the other month ,
In this chart on daily time frame we see pin bar , technical this is signal that the price will go down and it did .
But to put more clarity on this chart we have to go on lower time frame (on H4) ,
firstly i draw a 3 wave pattern , that is Elliot Wave , and after ...
EURUSD, Pinbar candle on Daily !
Follow my ideas at https://goo.gl/9RrM5F
EURUSD is on bull for us on this chart.
Check it on other 3 charts , you can find some similar features.
EURJPY has found its support on the light blue zone and now is targeting the blue line inside the channel .
EURCAD is squeezing inside the triangle ...
- Feel Free to take profits when you happy.
- Trade With Care.
- Trade With Only Capital You Can Afford To Loose.
- These Are Suggestions Only.
- These Are For Educational Purposes Only.
- Please Factor Spread Into Account For Stop Loss.
We are not held responsible or liable if there is a loss of capital.
This is my view about EU pair.
Next levels will be for Euro because here is huge and strong;
The pair is still under downside
Wish you everyone, nice trading.
- Structure: Uptrend
- Tendency: Upward
- Above support
Hi there. As we predicted last week eurusd is moving to the upside, don’t worry if you are not in, there will be a lot of opportunities to enter into the market.
Wait for the price to complete the continuation pattern that it’s forming and watch strong price action for buy.
Doing a little Analysis on EurUSD...
You Have to go back sometimes to give a proper Analysis...
I like using the 4 hour for certain patterns
looking past to your left:
we have a 5 wave completion inside the channel
Then Channel Break
Then we had what looked like the start of a new cycle...
Looks like a head and shoulders is forming which is usually consistent ...
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to hit the top of the pattern and watch strong price action for sell. Next week probably JPY will rise. So that probably can give us the down move that we are waiting for.