THE_BYE_FX

THE_BYE_FX

Wait for a break and retest of the 106.33 Horizontal Support for a SELL to 105.53 Support, Additional Entries can be added whenever there is a bounce off the 1H TF Downtrend LIne. If Trendline is violated before the break of the 106.33 Support, that will signify a short term Buy to 106.76 Resistance.

THE_BYE_FX

Price has been rejected by the 1.3185 support and has also closed above the 4H Time Frame Up Trendline, it should get to 1.3282 and if there is a break above the 4H Time Frame Down Trendline , then price should get to 1.3338. But if there if there is a break to the downside below the 4H Time Frame Up Trendline, price could possibly get the 1.3185 Horizontal...

THE_BYE_FX

PRICE HAS BROKEN TO THE UPSIDE FROM THE 1H TIMEFRAME DOWN TRENDLINE, I EXPECT PRICE TO GET TO THE 71.58 RESISTANCE AND ABOVE TO THE 72.38 RESISTANCE IF THE 4H TIMEFRAME DOWN TRENDLINE IS BROKEN

THE_BYE_FX

Price has broken to the downside from the Triangle , which possibly means a false breakout from the DTDT, i see price getting to the the 1.1123 Horizontal Support and possible below that

THE_BYE_FX

Price has broken and retested the Daily Uptrend support, and also broken the 107.86 Horizontal support, wait for candle to close below Horizontal Support and retest to it or the 1H Timeframe Downtrend Resistance Trendline to go Short .

THE_BYE_FX

Price has broken to the downside from the trendline support and has closed below the Horizontal support on the Weekly Timeframe , I expect price to get to TP1 and if it breaks that support it will get to TP2. I dont expect this trade to be short term.

THE_BYE_FX

Take partial profit at TP1 and hold, Trail stoploss till breakout of trendline.

THE_BYE_FX

I see a possible long term Short on the monthly Timeframe if price closes below monthly support highlighted with a possible retest or bounce off the downward trendline.

THE_BYE_FX

EURUSD movement has been quite indecisive since last week, Price seems to have broken out from the Daily Timeframe Downward Trendline(DTDT) but does not seem like a perfect breakout. It has finally formed a Triangle, a breakout from that Triangle to the upside would determine a proper breakout to the upside from the DTDT and vice versa. But i expect a Long movement.

THE_BYE_FX

Wait for breakout to the upside of the Resistance Trendline to go Long or Bounce off Trendline for Short to Horizontal Support.