Still in a ranging environment on the higher time frames, shorter time frames can present some short term trading opportunities. Depending on how price reacts to the small support zone around 1.8200-1.82150 I am considering to go long with my primary target at 1.82500 and second target just shy of 1.83000.
Only looking for a short term quick play to go long on this one. Target around 1.48200. My apologies for not posting a thorough analysis due to lack of time.
Went long at 1.54450 and looking to target 1.5500 primarily. 1.55300 is the extended target. My apologies for not posting a more thorough analysis due to lack of time. Unfortunately I also was a bit late with posting my trade idea on TV.
Consolidation prior to London open indicating a possible follow through by the bulls after the asia session once London opens. First target level is 115.800. Second target level is 116.100.
Another pair with a bit of chaotic price action. Nonetheless I think there is a good potential sell opportunity hidden in here. If the small resistance area around 0.72600 holds first target should be around 0.7210, followed by 0.7160 and thereafter 0.711-0.7085, if each level fails to provide support and folds that is.
On the daily chart price has been bulish 7 out of 8 days and if bulls are able to remain in control a move towards 1.7750 is very likely in my opinion. I am looking to benefit from such a move with a lower time frame entry. Looking to go long from the 1.7250 area with my primary target just shy of 1.74 and my secondary target at 1.7750.
Pretty similar to the setup on the cable. Looking for a retest of 1.12350 to go long up to 1.12555 and in extension 1.13050. If 1.12350 folds I think the zone between 1.1190 and 1.12050 can provide new support.
In a hurry today so unfortunately not able to write a description. My apologies.
Quick play before today's interest rate decision with a possible extended target if the trade is in the green once the news come out. In a hurry so unfortunately not able to write a detailed analysis. My apologies.
A more tricky one for a change. On this pair I actually have two support zones where I am considering to go long depending on if the first one holds or not. If not I think there is a fairly good chance that there are a lot of buy orders parked around the second support zone. Since price action is not as clear as I would like it to be, I've marked 3 take profit...
All the majors are showing the same behavior. Strong impulsive move, followed by a horizontal corrective price action. If the minor support zone around 101.50 holds my short term target is 102.50 and long term target is around 104.00.
The cable is printing a perfect corrective structure with very detailed boundaries which now have been tested 3 times on both sides. Initially I am looking for a move down towards 1.3065 and if that level folds a further move towards the support zone coming in at around 1.3035-1.3020.
Looking to sell if price pulls back into the resistance area between 1.543 - 1.547. If this zone holds we should primarily see another attack on 1.537 and 1.531. If the sellers are really happy and the buyers remain defensive a move towards 1.511 is not unlikely.
I am a buyer on this if we see a move towards 1.2740. Primary target around 1.2870 and secondary target around 1.2890.
A small corrective structure has formed after breaking out above 0.9640. As long as we are above this level I am bullish and am looking to buy weak pullbacks into 0.9655-0.9640 area. First target at 0.9680, second target at 0.9710.
The 1,5 month corrective structure has been broken to the downside, indicating a likely move down towards 18.000-17.600. Best area for a short entry would be the bottom of the previous corrective zone between 19.200 - 19.500.
The strong sell off over the last couple of days indicates a possible change in order flow and that the sellers are coming in with more force. If they are able to maintain control, a possible scenario is a pullback into the 0.9950-0.9980 area and continued selling towards 0.9910 and 0.9840.
Possible pre-breaout setup on the 1 hour chart. If the sellers manage to produce a breakout and stay in control an initial move towards 1.2945 is likely and if that level folds, 1.2870 would be the next level to look out for.