After getting stopped out, EURUSD went all the way through previous highs. Right now price has approached significant level. I am looking to short at 1.0315 my stops above 1.03690 and targets below parity. Use proper money management, all the best. This in my opinion is a massive liquidity grab. Look out for false breakouts to the upside.
More confirmation on why this is bullish. Previous resistance has created a strong support at this level. Bears are unable to break below. Long targets 0.9960 stops are below 0.9800 This should be a strong trend changer trade of the week. This will inform us if the trend has shifted. Use proper money management.
With price unable to drop during yesterdays downward momentum, clearly shows there is some bull left in this pair. I believe the media is being used to spread news of a strong dollar while the big boys go long. This week will close bullish then next week we should look to buy the dips. On the monthly price has already reacted showing an end to the long downtrend....
Short CHJPY at 149.800 stops above 150.720 targets as low as 147.152. This bearish bat has completed its D leg at the 161 fib extension. It has been a long time since I drew this harmonic patterns. Hope this works out. Use proper money management.
Price retraced yesterday after bullish usd news to close above 0.978 zone. I expect price to retrace to this levels 0.9705 and 0.9790. This will be dips giving us an opportunity to buy more. Targets are parity 1.0000 zone. Use proper risk management.
After this false breakout I expect price to drop tot he downside. A bearish flag is evident on higher time frames. I see price grabbing the stops below current low. Target 1638 zone stops above the 1680 zone. Use proper money management
Price has come to a great level. We can see multiple retest of the resistance level. Short at current price 1.7546 stops above 1.7722 and targets below 1.6752. Use proper risk management. All the best in this swing
Euro is at a very tight place right now. This phase is the accumulation phase. A lot of buyers have bought at this level and the previous low. However for the market to move upward it has to take out this liquidity first. I expect a downward momentum today and tomorrow. Mid of the month is when we should expect a trend change. Otherwise keep your targets at 0.9515...