After Break Up from Kumo Res ( Level ) ill enter Long
im entering Long for this pair, First Target marked in chart feel free to share your comments
i Enter the trade for first target , Second position will trigger below 35%
On this pair im more interested in entering short Trade, Strong support i mentioned in the previous chart broken. im waiting trend goes out of High Volume Zone and under 35% .
Additional to Details in Chart, Kijun and Chikou still not showing of bearish possibility. ill keep waiting to Bearish signal get stronger.
I see the potential for Bearish possibility but if i want to enter the trade ill wait for the pattern to break down.
Im waiting for Kijun Sen Switch and ill enter the trade with SL 67.691, TP on 52% (81.664 )
From DEC- Trend 3 times touched 72%, I'm not sure it will be the 4th one? :) I will find the right moment to enter the trade
I wIll Enter the Trade after Break Out For Bearish or Bullish
Im Shorting this Pair with Caution, i will active Position Advance Managment on my Platform, the reason is the adamant Support on 63% which Kumo and Volume are too high. In case trend didn't reach to target and reversed, it will trigger my SL with Profit.
OBV and MACD confirming Diver.. Im Waiting for Kumo to Switch Bearish and i will enter. 2 Kijun Sen below the Kumo are showing very Strong Support Area and need a valid Breakout for Target Next Target 0.83115
Ill Continue Short but with caution, Ill keep monitoring Div on OBV and Managing the Position by Trailing. on 35% ill bring SL to Break Even,
I can not see other Scenario for this pair, What do you think ?
Till on Wednesday Euro Market , if new high didn't appear and Trend drop below Kumo, ill Open deal for first Target and after breakdown ill continue to second Target.
Back to strong support , adding one more Long Position with 130 Pip stop below the lower pattern line Officially i should wait for Kijen-Tenken Cross and Kumo Lower low and Kijun should act as Support and im not waiting :)
looks very exhausted trend and reached roof top , i go short till KUMO LEVEL and in case of break out arrows showing next targets