Good position to sell. Have a good resistend with 2 touch
Is important understand the pair are in short trend. But we have a good resisten with price 1,14787, if have another toch in this price is good posicion to sell.
In this pair, we have in this price a resistance line with just two touches. We need to see first if the price respects this line to open the trade If that happens, we will have a good trade in the first support, with a profit of 238 pips. The second idea is if the first support is respected or not, if this happened it is a good exchange to sell, if it has not...
We have a resistance security with a previous touch. Now that I have a new touch with a candle we can indicate the confirmation of respect to the resistance line. The MACD itself indicates the new rise. Good trades!
Good price to buy. Price is in a channel that touched your support. We can also see the confirmation candles.
The EUR / USD is in a bearish trend and we can see Elliott's possible impulsive wave. We have the great support line, at points two and four, and these points are the most secure due to the downward trend. In my opinion, the best positions are those that respect the trend Point one, three and five are positions that need market confirmation. Not being positions...
Support line already with 3 rings and that gives us a lot of confidence as there will be a price increase Suggestion: Make a purchase in the support area with a stop loss of 15 pips and a take profit of 50 pips
The price broke the trend support line, but respects the previous support line, having a good buy negotiation. Now it is possible to see the support line make the resistance line. If this materializes is a good sale