The daily time frame was bullish and the price broke the 110.6 daily level in 4H and also 1H timeframe. Also, yesterday broke the 4H timeframe and last week's high. I take a long position with the TP of a psychological level.
R/R = 1:1.95
The daily and 4H trend is bullish plus in 1H the price passed the descending komu, and also in 4H it was above an ascending komu, so I entered a long position and the TP is the previous base high.
R/R = 1:1.78
The weekly H&Shs pattern which I indicated on 21Apr and published here now is running so, the trend is bearish. Besides, The daily and 4H are bearish, and 4H keeps making LH. I enter a short position with targeting a round number 0.73500
R/R = 1:1.61
It breaks the last daily low and also it started an uptrend from the 4H demand zone
The TP is a again so conservative that only cover 48 pips, I can extend it to the weekly high, but I prefer not to do it.
R/R = 1:1
The long position taken. The price broke a monthly resistance and also in Daily timeframe and 4H timeframe is bullish.
The TP is the level of komu. ( it is a conservative TP, cause I can put it on last week high).
R/R = 1:2.12
Price broke a daily demand zone and also in multi timeframes was bearish.
The Tp is the Monthly support which is a round psychological number too.
A high-risk trade cause it has a wide SL.
R/R = 1:1.17
A short position is taken. In the 4H time frame, the price keep building LH and also it was below descending komu. Also, it hit the weekly resistance, so I took a short position and put the TP on yesterday low.
R/R = 1:2.06
The long position is taken – 4H -Daily timeframe I checked and last day candle barriers are HL and HH, in 4H also I see the start of a movement from a 4H demand zone, although price broke an ascending channel it was above a fat ascending komu. Also in lower timeframes, I see HL and HH. I enter the long position and the TP is last week High.
R/R = 1:1.1
Short position taken – 1H - Although in bigger timeframes the trend was bullish but it showed weakness and cannot pass the last week high and reverse from it. In 1H timeframe, it broke the last low (1.96205) which created last high and also it passed the ascending komu. I entered the short position and the TP is last week low.
R/R = 1:2.07
Short position taken – 1H – From Monday in daily time frame we had LH and price is struggling with the descending komu in daily. In 4H price broke last week level and also a daily S, and today it broke the last low which made last high and pull back so I enter the short position and the TP is the Monthly S.
R/R = 1:2.27
As a mid to long term bias, I believe price may make a Head & Shoulders pattern and fall around 0.71375 to 0.7113
I suppose the actual bearish movement will happen mid of June when the neck line will be broken.