melihFX

melihFX Updated 

Retest of 1260. Targeting +150 pips

melihFX Updated 

Todays close is important. Just shorted from 1.2920. +100 - +200 pips is posssible.

melihFX

Time for short. As long as price stays below 1245 it will go short. For long term set break even and wait to see what will happen.

melihFX

Failed to break trend line. Short Entry 1208-1210 TP 1175

melihFX Updated 

Possible correction may start from this level. Trade is active.

melihFX Updated 

TP1 121.90 TP2 121.40

melihFX Updated 

Trend line has been broken yesterday. Correction is possible.

melihFX

Good price level to open a long position. You can wait the completion of this week and try to see a hammer like candle for verification. First entry level 1163. Second entry level 1158

melihFX

ABCD completion. If bounces, it can be just a correction or a reversal up to 1392.

melihFX Updated 

We're very very close to the key area, 0.7220. It is useful to look at long term charts to make short term decisions. I think we are in a very strong resistance price level. 0.8450-0.8950 seems to be a better option in long term.

melihFX Updated 

Shark and ABCD. Trade is active 0.7280. Now we've seen a small validation bounce. Price is between %50 0.7329 %61.8 0.7210 retracement areas. This can be a potential long term reversal or just a bounce.

melihFX Updated 

Trade is active

melihFX Updated 

Trade is active. 43.88

melihFX Updated 

I think we'll see a 4 week correction before going long. I feel we have +1000 pips of short opportunity. I'll have short scalping positions till we see 1174. If we come to 1174 area then my base plan will turn to the long side. If prices rise above 1310-20 area I'll revise this plan.

melihFX Updated 

If we see a close above 1.2520 today then I'll be long next week.

melihFX Updated 

If breaks trend line then I'll be short.

melihFX Updated 

I see a reversal pattern. Price action seems to be corrective.

melihFX Updated 

I think correction ended. If breaks trend line then goes down. Trade active 1265.40