As you see on the Chart, GU created a double top at 1.2950. It´s between our FIB Region of 1.2905 - 1.2980. If we see the break of 1.3015, we may can see the upside really to 1.3350. Follow the arrows and be patient.
As you see on the Chart, we break through our TL. If it break Support at 1.2660, then we may have a decent short setup at the retest of Support 1.2660 (which then turn into Resistance). Keep your eyes open..
As you see on the Chart above GJ creates a smaller ABCD pattern in bigger ABCD pattern. We rejected of 145.70 multiply times. I think we see the break of Tl support next Days. When it hits our Target at 143.00, we may can look for a long position, to swing it to 147.50 - 148.00. Keep your eyes open
As you see on the Chart, GU creates a H&S pattern, break through neckline resistance at 1.3080. If we see the retest of broken neckline and Resistance (which turn into support), we could look for an 120 - 140 PIP upside move.
Simple Idea: If we see the 3rd-touch of TL and structure retest of 1.1570, we can look for a nice 140 -180 PIP upside move to first 1.1710 and second 1.1760. It would also a ABCD pattern.. But be careful, EURO is rising to the moon the last 3-4 Weeks..Keep your mind and eyes open....
We pulled now back in our 40PIP´S FIB region to create that FIB C Leg. We also rejected of H4 Support 1.2970 and break CTL so far. Can we see a clear bull close above 1.3010 on next H4 close ? Then we may reach our Targets at first 1.3120 and second at 1.3170. Keep your eyes on the Charts..!!
If it bounces back and rejected of our support area between 1.1490 and 1.1460, then we may can looking for an 130 PIP´S up move. This 30 PIP´S region of Support is also our FIB region, with FIB C 61% and 78%.
However, patience pays... if you want more content then you can follow me on Instagram, too.
We rejetet at our DAILY RESISTANCE at 114.30 and create a new HL at H4 RESISTANCE 113.50. I think it is an nice opportunity here. If it break through support 112.90 we man can look for a new short Entry, too. Lets wait..
On Daily we saw a decent structure retest of the broken CTL. It´s also our 38% FIB area at Daily Support zone at 1.2900.
If we now see a full SMA cross and break of our currently Resistance at 1.2938, then we can entering a Long position. First Target is 1.3000, but if it close strong bullish above Monthly Resistance, we may can see the move to 1.3100.
If we see a retest and a rejection of our Daily Support area at 1.1280, then we may can look for a Long opportunity to 1.1450, to testing this new High again or to 1.1500 to create a decent new Higher High. It´s only an Idea, so lets see what happened!