The famous Head and Shoulder pattern is appearing on this pair,technical analysis technicians would recommend shorting this pair at these levels. This is not top picking, the Entry reasons are only because of the Head and Shoulder pattern.
Trade your plan & Plan your trades
This pair looks to be within a pull back/correction a bounce off these levels and a break of the counter trend line provides great risk to reward and looks good for Long positions.
Disclaimer : Use your own trading knowledge and decision making when taking trades.These are my ideas and may differ from other traders.
Bullish advancement is expected after this deep pull back.Buying opportunities will make sense after the break out.Will be looking for a double bottom at the .618 levels, for an early entry.
Potential target is the 103.400.
Disclaimer: Use your own trading knowledge to trade and this is my idea and other traders' ...
This pair is showing bullish momentum, long positions make sense at the moment, with targets as shown.Awaiting trend line break.
DISCLAIMER: Use your own trading knowledge to trade,these save as ideas and different traders may have other view points.
The pair seems to be getting ready for bullish momentum to the upside.A break of the down trend may give great opportunities to participate in long position.
Disclaimer: Use your own trading knowledge to make trading decisions, these ideas may not agree to yours.