bpxqd

bpxqd

I am not in this trade But I believe this could be a very easy and straight forward trade on this pair. What is looking like a clear rejection from the key level and the 61 fib level This pair will probably just fall.

bpxqd

This is a bold idea The Dollar is currently rising like a raging bull at the moment . However this is Just some thing I have noticed on this pair today. What looks like a potential double bottom has appeared. The main reason why I have decided to look at this idea is that the Doji candle form off the key level rejection. That for me is a big sign. price this...

bpxqd Updated 

Well what do you know? I've taken this trade ! I mean why leave pips on the table if they are available. These are the risks I feel I have to take in order to get the results. 1 thing I want to add is that the 3 pin pattern is not complete

bpxqd

I am not in this trade but I thought I might aswell test my analysis on this pair. with not much written down expect for the 3 pin patter off the key level. I would take this trade but my account is with other trades. But If I could squeeze another position is would be this.

bpxqd

I have added another position to this trade as I believe the news that has come out today is the reason for the pull back. So i am backing myself and my analysis on this one just hope my stops are in the correct place lets see...

bpxqd

I have entered this trade after seeing the 78 fib region hold strong and act as resistance. I felt the candle was weak and we would see more movement to the downside. I believe a new lower high has also been formed and this will allow for the bearish move to continue. We had a retest of the shooting star candle to confirm this new lower high. I have a lot of...

bpxqd Updated 

I actually entered this trade on Sunday evening around 11PM. Why did I enter at this time?? I would have to say impatience! I didn't think i would time to look at the trade on this Monday morning but look at me writing this analysis now haha. OK. I see a fib activation with a tweezer bottom formation Higher highs and higher lows are also being made and price...

bpxqd Updated 

I have entered this trade again as it looks like there is more confluence to the downside. We have reached the prior daily highs and I am hoping price can reject this area. The MA's are also help to keep the price down. I may have jumped the gun with this trade but I do like entering trades at key areas. But lets see

bpxqd

I have been patient with this trade this time and waiting for the $hr candle to close at 10am was a struggle lol. I look at the trade and it has dropped about 60 pips from when I first wanted to enter but at the end of the day what difference does it make if this pair is going to fall the 600 pips plus i expect it to fall if price action continues to reject...

bpxqd Updated 

I have been waiting for this type of movement on this pair and now we have it. It is now in the region of the 78 fib level which lines up with the shooting star which broke the key level weeks before. price has retraced back and now we await if price will fall or continue to rise above. I'm favoring the the downside as price has made a new lower low prior and...

bpxqd

I was waiting to see if a new lower high would form and I believe this has now been formed. Price retested the shooting star candle (4HR Chart) which rejected the key level of 0.76000 I have also put my stop loss above the highs which I a lesson I have learnt from my last few trades. let's see how this goes.

bpxqd Updated 

I have basically taken this trade due to price action. Price has been very bearish for the last two months. Price has pullback. I drew a fib from the previous highs at the 1.35000 level and price rejected the 61 level of this fib with a doji candle (there is a bit of a bar but I would still call this candle a doji) I expect new lows to be made. Not too much...

bpxqd Updated 

Another fib - rejection trade. I've Drawn a fib from the previous highs around the 1.2000 level price made a low around the 1.5000 level, pulled back and has now rejected the 61 level of the fib with 4 daily candles. I'm expecting price to fall from here and make a new low at the 1.4500 level currently in this trade and just waiting.........

bpxqd Updated 

Pretty much missed all the action yesterday. I wanted to see if price would retest the key level for a continuation, which has now happened. There is EUR news coming out in about 20 minutes so I'm looking for price to fall even more to the downside after it comes out Weekly,Daily (if the MA's cross),4HR and 2HR have all the MA's down. Can't really see...

bpxqd

Don't Think there more to be said about this trade. 8 Attempts have been made to break the 78 fib level with no strong close above. Price is looking like it has strongly rejected the last attempt and enough is enough. A possible shooting star candle is looking to be formed and if price can break and close below both the 61 fib and the 0.70000 key level then I...

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Interesting trade here. I have drawn a fib from the previous highs around the 131.300 area. A new low was made around 124.600 and price has pulled back to the 78 fib level. 3 daily candles have rejected this level. This 78 fib level could have been made stronger by the 130.000 key level. Price could be rejecting the 78 fib level, the 130.000 level or both. (I...

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Descending trendline is still holding and price has rejected the trendline again (4th time) Fib drawn from the last bounce of the trendline to the new low created. This price has rejected this fib at the 61.8 level. Shooting star to break through the MA's and close below the 0.75750 level. Price could retest 0.75750 and continue to fall. I'm looking for a new...

bpxqd

Price has now broken the pendant pattern on the 4HR chart and I expect price to maybe retest and then continue falling. Price has also been weak around the $1300 level and has been unable to break this level convincingly since 24th of may. MA's are about to cross on the daily and are down on every other time frame (W,4HR,2HR) A short position to the next...