Lets eat this pair together over the w'end as the market momentum in forex stops... The SL and TP all have been put in place.
Since the price is in major support and doesn't show any sign that it will go and pass 1.14 we expect proce to reverse and go back to 1.2 and if it was able to pass through then we should expect the price to reach 1.25
From my point of view we should wait for a retest before going long
We're not so late from the party were by we can risk only 40pips from the current market price and aim for 90 or more pips... Let's go short on that pair
On this pair in big picture it shows there's still a possibility for it to go higher so any one who has not entered it can do aggressive entry but (s)he must make sure the Sl is below 1.31110 which is like 80-85pips from current market price
From the point of view we can see that after EUR rally y'day it fails to break that resistance and right it has come back to retest. So if the resistance managed to hold we should soon expect a big fall before the day end or next week
You can put a selling limit on that area and expert a huge down fall of CAD from that area. If it break the trend-line on its way down then expect it to go and fill that wick of 03/01/2019
From the point of view for the past five days Euro has been have good momentum in pushing high to reach its daily resistance as it can been seen in the chart. From there we expect decline of buyers to push it further. So my prediction with the coming of NFP news tomorrow I expect sellers to come in and push EUR back to its support at around 1.1107 with this time...
After 2 losses I had to recheck the chart once again... So after the price broke the resistance the day before y'day it failed to break the resistance which turned support
If you go and look on 4hr candles you can see it has form double bottom and if you look far left that area seems there is a strong support. From there we should expect the price to push up more to $10K where there is a strong resistance
The price has failed to break the trend-line so I expect sellers to take over the ride and push the pair further down
If price managed to cross through that support of 51.13 we expect the price to push further down to around 44.82
USDCAD is around good supporting area. We should try to look for buy opportunity around 1.3250-1.3270
In case on DTF Gold close with a Pin Bar or some kind of a wick we should expect soon bearish trend to start over
From the point of view it's good to short ripple right now and buy it when it goes back to $0.36 and hold it to $0.52
This is a intraday short where if u look closely in 4hrs the pair as retest 78.6%. I'll post soon another analysis for swinger in case the pair managed to cross that 1hr trendline