There is a trend line from the lows which will act as support if the pair reaches the Buy zone . I want to see the price reaching this buy zone first of all, ideally creating bullish divergence. Next step is to wait for a breakout above the most recent down trend line. Target 1 – 1.6650. Target 2 – 1.6900. Stop Loss – below last low and closest support zone.
To be more conservative we can wait for the breakout of the up trend line. If the market gives a chance wait for the pullback and then go short. Target 1 -117.00. Target 2 – 116.00 Stop Loss – above last high created.
Pair completed a triple cycle up on the H1 chart. We are now inside a bullish zone where I expect the pair to stop and reverse for further rally. Target 1 – 0.7440. Target 2 – 0.7520. Stop Loss – below last low created after the breakout of the trend line.
Wait for the price to reach the sell zone, then let the price breakout the up trend line and go short. We are aiming as final target the 50% correction of the last move around 1.0450-1.05 or so. Once we reach the 50% correction we can switch for buys.
Wait for the price to enter the sell zone first of all. Next let it break below the trend line. After the breakout we would like to see a small correction and then sell. Target 1 – 0.7480. Target 2 – 0.7380. Stop loss – Above last high created.
There is a bank zone level in the zone between 0.7110-0.7160 where the potential double wave up would complete itself. Keep in mind that the completion of this short term cycle should come with bearish divergence as confirmation. Target 1 – 0.7040. Target 2 – 0.6970. Stop Loss – above last high created.
Weekly triangle has been reached and the price will most likely bounce off of it now. I'm looking for correction towards the up trend line (H1) and the support zone where a buy would be triggered. Target 1 – 1.0720. Target 2 – top of the weekly triangle (around 1.1450). Stop Loss - below 1.0550
Look for a breakout above the most recent trend line and last high. Target 1 – 1.2600. Target 2 – 1.3100. Stop Loss – below the last low created (before the breakout)
Ideally I want to see another push down, creating bullish divergence and a false break. To be more conservative, draw the most recent trend line (bearish trend line) and wait for the breakout. Last stage is to let the price correct itself a bit before going long. Target 1 – 1.0520. Target 2 – 1.0580. Stop loss – below last low created. Note: Move your stop...
Wait for the H4 cycle to complete itself near the trend line and the horizontal resistance. The sell zone we are following is around 1.1150-1.1200. Sell the Euro once the price reaches the sell zone and creates bearish divergence or more conservatively would be to also wait for a breakout below the most recent up trend line that would form. Target 1 –...
I want to see a double wave down near the buy zone marked in blue (1.22 – 1.2190). There is also an up trend line coming from the last two lows which will act as extra support. Ideally divergence should form near the range and we can go for a buy. Target 1 – 1.2300. Target 2 – 1.3000 (amazing Risk:Reward is offered here). Stop Loss – below last low created.
This setup is based on the D1 and H4 chart cycles. There are two options to join: Option 1: If we get bullish divergence on the H1 chart we can attack and protect last low. Keep in mind this setup would be invalidated if we get a close below the up trend line (yellow dotted). Option 2: Break above the down trend line (aqua/blue color) Stop Loss – below last...
Wait for a breakout below the trend line, then a small retrace and sell. This setup is valid as long as last swing high is holding. Target 1 – 104.40 Target 2 – 103.40 Stop Loss – above last high created.
Wait for a double wave down toward 1.4320 - 1.4290 zone. I want to see bullish divergence forming around this zone which will confirm the end of the correction. We can enter a buy trade with the break of the most recent down trend line.
Pair is currently trading inside a range. I want to see two waves up on the H1 chart completing a small intraday cycle and then sell the breakout of the most recent trend line. Final target - the bottom of the range. Stop Loss - above last high to be created.
D1 bullish cycles has completed and we can now look to short. On the H1 chart we are looking for a double wave up and once completed we can look for shorts. Keep in mind parity level is also close so we can see spikes to it. The 0.9960 zone is a key level resistance which also coincides with the H1 bullish cycles completion. You can attack with divergence –...
The most conservative way to join this pair would be by following the most recent up trend line. Step one is the price to enter the sell zone. Then we want to see a breakout below the trend line. Finally wait for a small pullback and sell. Final Target – 0.9880. Stop Loss – Above last high to be created.
Target 1 – 78.00 – you may adjust the target one depending on your entry level. Always check your risk:reward ratio. Target 2 – 78.70. Stop Loss – below the last low created.