MY PREVIOUS POST ON THIS PAIR PRODUCED A RATHER NICE SHORT OPPORTUNITY NOW WE HAVE PRICE TESTING THE 0.730 ZONE IF WE GET THE RIGHT TYPE BULLISH PRICE ACTION I WILL BE LOOKING TO TRADE THIS PAIR LONG BACK INTO THE 0.750 ZONE MAYBE EVEN REACHING 0.760
PRICE REACHING THE 0.9950 ZONE WHICH HAS HELD UP AS A RESISTANCE ZONE MULTIPLE TIMES IN THE PAST WAIT TO SEE SOME BEARISH PRICE ACTION AROUND THIS IMPORTANT ZONE NOTING ADVANCE GDP FIGURES COMING OUT OF THE US AT 13:30 GMT STOCH AND MACD SHOWING DIVERGENCE TARGET 1 0.9800 ZONE TARGET 2 0.9650 ZONE
DECENDING CHANNEL PRICE ABOUT TO REACH TOP OF THE CHANNEL AND HORIZONTAL RESISTANCE LEVEL OF 80.40 MACD SHOWING DIVERGENCE IF WE GET SOME BEARISH PRICE ACTION LOOK TO ENTER THE MARKET 1ST TARGET 76.30 2ND TARGET 74.50 OR EVEN LOWER
PRICE REACHING 1.08 ZONE WHICH HAS BEEN A GOOD SUPPORT AREA MULTIPLE TIMES IN THE PAST IF WE GET THE RIGHT SORT OF BULLISH PRICE ACTION AT THIS ZONE WOULD BE LOOKING TO TARGET THE 1.0965 ZONE
PRICE REACHING THE RESITANCE CHANNEL AND HORIZONTAL RESISTANCE OF 3.98 WHICH HAS HELD UP BEFORE IN THE PAST COUPLED WITH STOCH WELL OVERBOUGHT 90 LEVEL AND DIVERGANCE ON THE MACD WILL LOOK TO GET AND SHORT SUBJECT TO THE CLOSE OF TODAYS BAR AND TARGET 3.82 ZONE
PRICE REACHED THE 1.513 ZONE IF WE GET THE RIGHT TYPE OF BULLISH PRICE ACTION LOOK TO ENTER AND TARGET THE 1.558 ZONE. STOC VERY OVERSOLD AND MACD SHOWING HIDDEN DIVERGENCE
PRICING REACHING THE 625.00 ZONE IF WE GET THE RIGHT TYPE OF BULLISH PRICE ACTION IN THIS ZONE LOOK TO GO LONG AND TARGET THE 720.00 ZONE. MACD SHOWING DIVERGENCE AND STOCH VERY OVERSOLD
PRICE SEEMS TO BE REVERSING FROM 4.1 ZONE WHICH HAS RESISTED PRICE MULTIPLE TIMES IN THE PAST IN WE GET THE RIGHT TYPE OF BEARISH CANDLE TODAY WILL LOOK TO ENTER AND TARGET THE 3.94 ZONE
DECENDING CHANNEL ON THE DAILY CHART IF WE GET A CLOSED BEARISH CANDLE TODAY WILL LOOK TO ENTER AND TARGET THE 7.950 ZONE BOTH STOCH AND MACD SHOWING HIDDEN DIVERGENCE LOOKS A STRONG SET UP!
SET ALERTS FOR THIS POTETIAL SHORT TRADE PRICE HEADING TOWARDS THE 80.0 ZONE WHICH HAS PROVED TO BE A RESISTANCE LEVEL IN THE PAST ONCE WE GET THE RIGHT TYPE OF BEARISH PRICE ACTION IN THIS ZONE SELL TO THE 76.0 ZONE SL 80.50 TP 1ST TARGET 76.90 TP 2ND TARGET 75.70
A BIT LIKE THE USD/CZK PLAY PRICE BOUNCING OFF A KEY ZONE 6.8 AGAIN IF WE GET THE RIGHT TYPE OF BEARISH PRICE ACTION LOOK TO SELL INTO 6.6 - 6.5 ZONE SL 6.83 TP 1ST TARGET 6.685 TP 2ND TARGET 6.56
PRICE TESTING THE 24.60 RESISTANCE ZONE WHICH HAS SEEN A NICE SELL OFF IN THE PAST IF WE GET THE RIGHT TYPE OF BEARISH PRICE ACTION LOOK TO SELL INTO THE 23.00 ZONE STOCH BEGINING TO SHOW DIVERGENCE SL 24.90 TP 1ST TARGET 24.25 TP 2ND TARGET 23.80
PRICE REACHING 0.7550 ZONE STOCH ABOVE 90 IF WE GET THE RIGHT TYPE OF BEARISH PRICE ACTION LOOK TO SELL INTO THE 0.73 ZONE
IF WE GET A PULLBACK INTO THE 1.43 ZONE LOOK TO BUY IF WE GET THE RIGHT TYPE OF BULLISH PRICE ACTION SL 1.4220 TP 1ST TARGET 1.470 TP 2ND TARGET 1.4850
PRICE HAS REACHED A SIGNIFICANT RESISTANCE ZONE 0.7550 HISTORY HAS SHOWN THIS HAS BEEN A GOOD AREA TO LOOK FOR A SELL OPPORTUNITY. WILL WAIT FOR THE RIGHT TYPE OF PRICE ACTION AROUND THIS ZONE AND LOOK TO GET IN SL 0.7610 TP 0.7280
PRICE TESTING 3.09 ZONE WHICH HELD UP AS GOOD RESISTANCE BACK IN JULY 16 AND SHOWED A REALLY GOOD MOVE TO THE DOWNSIDE. REJECTION CANDLE 13.10.16 WAIT FOR PRICE TO BREAK 3.08 AND ENTER SL 3.12 TP 1ST TARGET 3.01 TP 2ND TARGET 2.94
Seems to be a nice channel forming on the Daily chart price reaching resistance zone which has held up multiple times in the past STOCH & MACD Hist divergence SL1.079 TP 1.035