This is what I'm looking for on this pair. Awaiting break and retest of structure for entry, targets above Monthly support and D Extension target
I'm holding this one over the weekend as it's a longer time frame trade. I also checked scheduled news for early next week and there's almost no macroeconomics, so in theory there shouldn't be much in store for this pair (let's see).
I'm waiting on further confirmation for this pair. Overall trend is down, could we be accumulating for a big move down into D extension?
I'm bullish on this pair with a few confluences and a great R:R.
Nice strong Impulsive Wave out of a potential reversal for this pair. I anticipate some chop coming up before a continuation higher
I'll be looking at some more buying pressure and price action confirmation before looking at taking a LONG. Something like this.
I'm waiting for a break of the CTL for a possible early entry. Conservative entries may be placed above the high of yesterday's close.
As you can see, last week we closed with a a strong bearish Marubozu candle. I'm expecting more downward pressure to 1.0700 area, then on to 1.0550 at some point. Expecting some pullback on the smaller TF though before we make another leg down perhaps?
ABC Fib move (50% retracement) with D1 & D2 Extension targets. I'll be looking for a clean close with momentum outside of the Asia Trading Range. SL is set above M15 consolidation, safer stops could be placed above Daily resistance.
Still awaiting confirmation, but I may be taking a long trade once I see further confirmation. NEWS: Employment figures announcement at 13:30 UK time which may confirm or invalidate the trade.
I'm awaiting confirmation to complete my bias on this pair. Daily Inside Bar formation at Monthly key area (range of Daily candle set with rectangle tool). Two possibilities: 1) BUY - C.T.L break to the upside with follow through momentum PLUS H4, Daily and Weekly M.A crossed to the upside. or 2) SELL - Outer TL break to the downside with follow through...