Just a simple analysis. We can see previous structures had several doji's at these price levels. Possible head and shoulders could be forming. We are expecting a push back down to 73.92x levels. Could also be a simple double top "M" pattern, waiting for that bearish leg down to complete the structure.
Looking at a possible pullback here. Take note of the marked levels for price points. I am expecting price to bounce off the noted level before continuing upwards to previously attempted levels of 1.804xx. As of now I am just observing this pair. Not taking any active trades.
price testing support on 1hr and 4hr.....looking to see if price will bounce off this level or break it
Price should retest resistance level to create a lower high keeping in step with the current down trend being formed. Also noticed green line crossing up on 1HR chart.
Looking for price to retest support line for a take profit level.
Looking for price to retest the resistance line. Active trade. MACD showing signs of opening up for a new trend.
Waiting for a drop to complete an M pattern. Also looking at a green line alligator cross over. Will be keeping my eye on this one. It's an active trade for me.
Have some weird movements on the MACD and Alligator. We can see price has rejected the higher fib level multiple times. We are now looking for a retest of resistance before a definitive drop down to lower fib levels. Also MACD is very smooth not showing any sign of breaking open. Waiting for MACD to open a bearish trend before we enter a sell position.
LOOKING TO SHORT EURUSD - SEVERAL SELL SIGNALS INCLUDING AN ALLIGATOR CROSSOVER ON THE 1HR .
HI FOLKS!!! NECKLINE IS BROKEN..ONCE THIS CANDLE CLOSES BELOW I'M OPENING A FEW MORE SHORT POSITIONS. HAPPY TRADING!!!
SHORT POSITION - DOUBLE TOP FORMED WITH BROKEN NECKLINE CONFIRMATION. CURRENTLY RETESTING THE NECKLINE, LOOKING FOR THE SUDDEN DROP DOWN TO 0.64190 LEVELS.
waiting for breakout candle to close above the neckline before opening a long position.
Head and Shoulders pattern : price just broke neckline so now I am looking for a retest of this level. After the retest I would open a short position.
HEAD AND SHOULDER PATTERN FORMED ON 4HR...WAITING FOR PRICE TO BREAK NECKLINE BEFORE OPENING A SHORT POSITION. WE ARE EXPECTING PRICE TO MAKE AN EQUIVALENT DROP IN COMPARISON TO THE HEAD TO NECKLINE LENGTH. IT SHOULD ALSO BE NOTED THAT PRICE IS AT A KEY RESISTANCE LEVEL ON MULTIPLE TIMEFRAMES.
Waiting for price to make it's way back down to support level on 30MIN time frame.
ACTIVE TRADE : Building a $220 account. Follow me! Showing oversold on CCI and Stoch RSI on multi timeframes. Waited for confirmation bull candle and we have that. Sniper entry at 1.05915 , take profit at 1.05960 levels. No target cap on this one. Let's remember to keep our charts clean and simple. Trust your trades. Happy Trading!!! :)
If anyone heard me, take profit now, not sure how long this candle will run up but our target has already been hit. And no I did not use a stop loss today.