We can see the price held exactly on our Fibonacci level, If we see the price breaking the support I will enter with a short position.
We have to wait for the price to see if it forms a double bottom then we can enter a long positon, In the mean while I expect the price to continue to touch the support level.
Based on my own analysis. Note: This is not an investment advice!
We can sell US futuers, SPX500, DOW JONES or NASDAQ100 if we see a pull back to the.(We can expect a pull back in the coming days.)
We can enter if the white resistance trend line was broken.
We will wait until the price rebounds then we open the short position with 5 risk to reward ratio. If it gets rejected, then we will open long positions. If you liked this idea , please hit the like button.
We can expect an upward movement from EURCHF based on the regular bullish divergence. If you like this idea please hit the like button and follow me for more analysis.
After I closed the precious short position with profit , now I opened a new one with the SL set to 1.1011 RR: 5+ Great day for trading!
We can wait for the price to touch the support level and if it holds we can enter with a buy position.
Risk to Reward ratio: 7 For more ideas like this you can like us and follow Twitter: MaxJeffery2
We can buy with the target to 2.4 and stop loss at 1.55 1.55 was the 2016 low prices Risk to reward: 4 Please be aware that Natural gas can have high overnight fees for long positions. You can use UNG to go long on Natgas without paying overnight fees. In case the 1.4 level was broken we can enter short positions.
We can start to sell the pair if we see a pull back to touch our trend line. Risk to Reward: 6+
SL:1.2170 TP: 5 times Risk +We can also see a bearish divergence which gives us more reason to sell. Note: Buy if the down trend was broken! Please hit the like button if you like my idea and I will post more free analysis for you. twitter: MaxJeffery2