Expecting a little retrace and best approach will be to sell the rallies , it has potential to the downside
We are already bullish since market open now that price has gone 75 pips in profit if you want to join the ride, wait for the price to retrace and on a HL enter the market with target at TL res
Comments on the charts , look for LH to sell into the setup
Expecting price to retrace first before rejection and going down. I would recommend wait for the price to print LH before selling it. The setup has great potential!
Price has started making LH and lets see if we get another leg lower
Already posted on the weekend to wait for the retrace and sell on a LH, we have a nice retrace of 55 pips and now sellers are fully in control, look for selling the rallies on a LH - looks a good setup!
Expecting price to make a LH and melt down ..
Expecting price to rise make a LH and melt downside - can nail both buy and sell opportunities if presented
Price is sitting at a support level. With dollar on RES I am expecting the week to start with dollar retrace down and USD pairs all go back higher. Here I see and expecting this pair to make LH and then go lower. FIrst trade of this week can be a buying opportunity as indicated on the chart from daily demand level.
With Brexit mess, and technical outlook expecting price to retrace make a LH and melt down. This is only a trade idea use it with your trading strategies and own analysis.
After successful buying analysis posted few weeks ago, now i can see that the price is at an important area of interest where major RES is. Price has to clear this area to show further upside. I will be looking for rejection here and if so, sell the rally to TP 1 as indicated on the chart.
Short setup as long price do not break the previous Hi
Wait for the price to print a LH before selling for a LL
Price has attempted to break this RES few times but has failed, with morning star on weekly I am very much expecting the price to break it on this attempt. You can expect some retracement before price push higher on this dollar bullish move, EU NU will melt as they have bearish setups with UC can rise as it has bullish setup. Refer to other analysis posted.
Today is third meaningful vote, which is more likely to be rejected and if so I am expecting this setup. With bearish setup it seems results has already been priced in. BUT; if accepted as its only on withdrawal agreement and after all alternative options rejected by the Parliament it seems we are up for a surprise. Though odds are against! Here is a trade idea in...
We have been buying this from last 3 weeks, now that price has start retrace which was due look for HL within the buy zone indicated on the chart and if buyers enter, recommendation would be to buy for a HH. These analysis are for educational purposes, use them to learn price action and how to conduct analysis.