Red Dotted lines are temporary S&R levels Orange lines are more well respected S&R levels SELL LIMIT Entry - 107.200 SL - 107.600 (40 PIPS) TP - 106.400 (80 PIPS)
Intraday Trade Entry - Now (~18.7934) SL 18.74 TP 18.8624 TP 18.9778 Red Dotted lines are temporary S&R levels Orange lines are more well respected S&R levels
Entry - .94150 SL- .94700 TP - .93500 TP - .92700 TP - .92000 Red Dotted lines are temporary S&R levels Orange lines are more well respected S&R levels
Red Dotted lines are temporary S&R levels Orange lines are more well respected S&R levels ENTRY .77400 SL - .76932 TP - .78095 TP - .79500
Entry - 112.960 SL 112.300 TP1 - 114.700 TP2 - 115.150 Red Dotted lines are temporary S&R levels Orange lines are more well respected S&R levels
ENTRY 8.33400 SL - 8.34400 TP - 8.08210 TP - 7.82600 Red Dotted lines are temporary S&R levels Orange lines are more well respected S&R levels
ENTRY 1.57550 SL - 1.58 TP - 1.56970 TP - 1.56580 TP - 1.56200 Red Dotted lines are temporary S&R levels Orange lines are more well respected S&R levels
On the daily chart we have seen that price has closed below the support line. At this time price will retest this line to determine the direction that it will take. To be safe we can place a buy above the S/R line and ride it up. Red Dotted lines are temporary S&R levels Orange lines are more well respected S&R levels Overall i would want this pair to head...
Intraday trade. Parameters are included on chart
I still think price might dig a bit further down. If it does then we will see it drop to .73300 area and reverse there
We have a bullish 3 drives pattern that has retested a support line. nice setup for a long term buy. 280-700 pips
Price is likely to hit the PRZ and go up to 1336 area ( 1336 area would also be the 61.8 level retracement from the top). Furthermore if price does stop at the 618 level (1336 area) then we will see it drop to about 1264 and thus complete a Harmonic pattern. Let us not however make a mistake on an assumption, DO NOT sell off at 1336 until we reach this area and...
trading idea..... Thoughts?