Bounce from resistance ( previously support)
Pin bar in 4hr and 1hr timeframe
Head and shoulder pattern in 30 min timeframe
Short for 70 pips.
SL 30pips
*Author is not liable for any losses incurred*
Evening star reversal candle stick pattern at 50% fib retracement.
Open - 1.47567
Stop Loss - 1.4870
TP 1 - 1.45749
TP 2 - 1.44407
TP 3 - 1.43707
TP 4 - 1.42701
Trail TP, if price gets close to one move tp to next tp...because it might just blow right through them
*Author is not liable for any losses incurred*
Price is at the resistance level (previously support)
Downward trend (Price is on trend line)
Increasing downward momentum (Length of candlestick is growing)
Short = 200 pips to near support level
*The author is not liable for losses incurred.*
Long 50 pips.
SL below pin bar
Price is at Support zone (Previously rejected price......Pin bar set up
*Author is NOT responsible for any losses incurred.*
Downward trend...
Price is approaching resistance level.....Previously support (broken)
Price is above 50% Fib retracement approaching 61.8% Fib retracement.
Watch for price action signal and GO SHORT FOR 100 pips....
*Author is NOT responsible for any losses incurred*
Fully formed bearish 3-drive harmonic pattern. Though 1,2,3 and A,B are not perfectly equal.
RSI is above 72.
Open a short for 50pips.
Use good money management.
High Stochastic RSI
MACD Is on a change over
Support zone has not been broken since 4 june
Positive news on soybean an corn inspection
Long for 10pips is considerable or 15 pips
Through out the day and since yesterday, the currency pair has established a Support zone of above 108.410 and a resistance zone of below 108.720.
Following that and the RSI of about 70 and a MACD thats about to converge i believe this currency pair is about to take a dip of at least 10pips.
This would be a good opportunity to place a Sell/Short minimum 10pips if...
Resistance zone of 75.850 has not been crossed and already a decline
MACD convergence and crossover soon.
RSI of 70 has already been hit.
Other chart patterns noted earlier.
SUGGEST A SHORT OF 10PIPS.....WITH SMALL LOTS.
