Similar setup to Eurusd, which I published previously. Let us se...
If the price retraces to 61.8 Fibonacci level, which is also a pivot level, I will certainly go long here. Petr
The Euro re-tested the resistance and is ready for another drop. I am short at 1.35857 heading for 3R profit at least. Petr
The Yen is just in an import zone, bouncing off of the 61.8 Fibo. Personally I am looking for shorts here. Let us see, what the market offers... Petr
If this is a false-break testing the 61.8 Fibonacci of prior swing, the price should drop to the low. I am short now, waiting what the market offers... Petr
Hope we get a re-test of highs in the near term. I am ready to enter short at the highlighted area. Let us see... Petr
Aussie hit a very important level and after such a huge sell-off there is a high probability of a bounce up. Petr
I consider the current breakout as a false breakout, so, if I am right, I am ready go short at the re-test of the prior high. Petr
I wait for a false break of previous test of 61.8 Fibonacci to go long. Let us see, if the price does that. Petr
SP500 bouncing off of the 61.8% Fibonacci with a nice false break. If the price returns slightly higher, I will look for an entry short. Petr
Here is my trading plan for DAX in the near term. If it retraces a bit lower, I would buy and head for the high, where a nice level for shorts is waiting. Petr
LONG SCENARIO #1: The price makes a very strong break-out of 1.3950 and 1.3966 and closes strongly above. Then a higher probability is on the bull side, so I would focus on buying a pullback at around 1.3950-1.3960. But it is necessary to mention a round number 1.4000, which is not far above, so be careful with longs and get prepared for covering your long...
SPX hit the upper boundary again. When looking at the current action on H4 timeframe, we can see a nice false break, which might be the trigger to another sell off. Petr YouTube Channel: bit.ly TWITTER: @FlexibleTrader E-MAIL: psuchanek@smbcap.com Blog: bit.ly
Now it really depends on how Euro reacts to this important pivot. Today I offer two scenarios, one for long, one for short. LONG SCENARIO: The price is now re-testing 1.3878 and provided that Eur remains strong, it will reverse up and head for another pivot at 1.3900. Traders should look for any sign of strength in the current pullback to join the pair in the...
Hi, in terms of price action I see a possibility of a retrace down, at least to 1.6600. For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly Petr YouTube Channel: bit.ly TWITTER: @FlexibleTrader E-MAIL: psuchanek@smbcap.com Blog: bit.ly
It seems like SAP refused lower prices. At least for an intraday trade there is a high-probability setup for long. Cheers. Petr
SCENARIO #1: The price has nicely reacted to 1.3851-1.3864 zone, which is just around the 61.8 Fibonacci level of the previous downswing. These two levels define a zone for shorts, so look for any kind of weakness there to enter short. SCENARIO #2: If the current lower range boundary is breached and the price closes strongly below 1.3789, it would be time for...
If price makes a re-test or a false break of 1883, there might be a nice opportunity for a short trade. Petr YouTube Channel: bit.ly TWITTER: @FlexibleTrader E-MAIL: psuchanek@smbcap.com Blog: bit.ly