WE ARE AT AN IMPORTANT PRZ FIB LEVELS AFTER MONDAY AND TUESDAY SELL OFF AS PREDICTED SEE CHARTS AND LOOK FOR REJECTION CANDLES FORMATION , IF WE SEE SUCH FORMATION ON H1 I AM EXPECTING SOME CORRECTION ON THIS PAIR - YES DAILY AND H4 ARE FULLY BEARISH AND WE ARE AT A CRITICIAL LEVEL 108.30 PRICE ABOVE THIS LEVEL IF HOLDS, CAN FIND BUYERS FOR THE CORRECTION...
PRICE ARRIVING AT IMPO LEVEL OF DAILIY MARKET STRUCTURE INVERTED HEAD AND SHOULDER ON DAILY - PRICE COMPLETING RIGHT SHOULDER BREAK OF DAILIY STRUCTURE CAN COMPLETELY TURN THIS PAIR BULLISH KEEP AN EYE ON THE PRICE ACTION
Price has failed to break the TL which is sitting at 38.3 after rejection at 61.8 price has never able to break 38.2 and short trade was never triggered. we are trapped in range which is between 38.2-61.8 but becz P is above 38.2 and showing bullish mom on H4 , expect the move as mentioned on the chart If price breaks the TL, our earlier analysis is active...
READ COMMENTS ON THE CHART
61.8 SUPPORT BREAK OF TL ENGULFING CANDLE STICK FORMATION H4 STRUCTURE LEVEL POSSIBLE NEXT MOVE AS LONG THIS SUPPORT HOLDS INTERESTING ...
THE TRADE WILL TRIGGER AFTER PRICE BREAKS THE TL ONLY
PRICE FINDING SUPPORT AT 61.8 BREAK OF TL, HOLDING ABOVE THE ZONE AS MENTIONED IN THE OTHER ANALYSIS EXPECT THE PRICE TO MOVE UPSIDE ..
Today's candle close is a Pin Bar at 38.2 and price has tested H4 bullish structure . As long price remains above 141.25 I am expecting the price to retrace towards daily structure on the chart which could form a double top or an LH. I am neutral / bullish correction bias based on the price action seen on daily and on H4 for Wednesday to begin with ...
PRICE IS HEAVY AND EXPECTNG MORE BEARISH MOM ON THIS PAIR
EURUSD STILL LOOKING HEAVY P REJECTED FROM 61.8 AND EXPECTING THE PRICE TO GO ALL THE WAY TO FIB -27 WHICH IS ALSO A SUPPORT ZONE NEXT TARGET CAN BE 1.1820 LEVEL DAILY STRUCTURE IS BULLISH WHICH IS @ 1.1680 LEVEL AND THIS ONLY A RETRACEMENT ..
PRICE IS IN THE RANGE SUPPORT AND SHOWING WEAKNESS .. ALSO P HAS BREACHED THE TL SO LETS SEE IF IT REMAINS OUTSIDE THE TL - RANGE IS HIGHLIGHTED IN A BOX ON THE CHART IF THE PRICE FIND BUYERS AT THE RANGE SUPPORT WHICH IS MENTIONED IN A BOX ON THE CHART EXPECT THIS RANGE TO CONTINUE WITH PRICE AIMING FOR RANGE RESISTENCE READ THE LEVELS ON THE CHARTS AND USE...
SEE THE CHART AS LONG PRICE FAILS TO GO BACK IN BOX RANGE, EXPECTING THE MOVE TO THE DOWNSIDE ...
TODAYS CANDLE CLOSE CAN BE IF SHOOTING STAR (PIN BAR) COULD LEAD TO FURTHER BERISH MOM IN COMING DAYS
PLEASE USE THIS CHART TO DEVELOP YOUR TRADE ON THIS PAIR, WAQAR WILL UPDATE THEM THROUGH OUT THE WEEK FOR YOUR GUIDENCE.
PLEASE USE THIS CHART TO DEVELOP YOUR TRADE ON THIS PAIR.
U/J H4 CHART PLEASE USE THIS CHART TO DEVELOP YOUR TRADE ON THIS PAIR, WAQAR WILL UPDATE THEM THROUGH OUT THE WEEK FOR YOUR GUIDENCE.
THIS IS ONLY A RETRACEMENT MOVE AND OVER ALL TREND IS BULLISH IF ANY THING CHANGES WAQAR WILL UPDATE THE ANALYSIS BUT BASED ON H4 ANALYSIS THIS IS THE SETUP IN PLAY