About meCEO of FX Nation, You will find Forex Traders sharing trades and trading strategies. https://www.facebook.com/FXNationTrading/
Join Our Community of Traders and lets Collect pips together. https://telegram.me/fx_nation
we look for this pair to move down to support of 1.600000 once there we are looking for this pair to go long and break the trend line.. once broken we look for the retest and wait for the long move 1.750000 area or above that..
We are looking for this pair to finish this current move to support an then to make a strong move to the upside.. this pair has been ranging since 10/2016 . we are looking to go long on it gets to support of 1.199xxx but also break the range that this pair is currently in ...
Currently this pair is in a pendant wedge we are look for this to break and go long as we also see divergence on the RSI as well.. we look for this pair to make a move to structure and to resistance of 163.xxx
we are looking for this pair to go short after a retracement to either the 50% or to the 61.8 % on the fib.. from there you can enter in a short on the pair and hold it to major support area of 1.03xxx..
Looking for potential reversal on this pair as it is hitting a major support area and indecision is forming .. in order for this trade to be valid we would need a close with a strong bullish candle at 1.37345 good 1:4 risk to reward
we are looking for this pair to have sellers come into the market and drive price down after a short corrective move which is doing this now..this pair has broken out of the channel that it has been in since 05/16... 1.28xxx looks to be a good support for this pair..
this pair seems to be creating a 3 wave pattern if that is the case we look for this pair to go long to structure @ 144.xxx .... if this is not a 3 wave pattern then we look for a 5 wave pattern to drive price to 137.xxx then go long