Iam2xfx
Sold at 1.0730, SL 1.0745, TP 1.0666
Will go short if the next is a down bar. SL at 1.0752, TP 1.0710
The first sign of turning back to the bear market just presents. We need to wait for it to go under the trend line and wait for a side move inside the trend line. We will make trading decision from there. Either short or no trade because USD will be strong soon.
Here are my view of this pairs for next week. It just came back down from resistance of 1.0708. We will go long if trade above it or will consider a short position if it goes back under 1.0677.
Sell Stop at 1.0669, SL 1.0677 (Tight and reasonable), TP 1.0460
Short at 1.0678, SL 1.0695, TP 1.0460
Go long if the next 5' bar finish above 1.0668. SL 1.0654, TP 1.0770. Please only go long if it's above 1.0668.
We place a Short Stop order at 1.0654, SL 1.0670, TP 1.0450
In 2 hours, the market may make a move and the possibility to break up is higher. We are looking for entering a long position with tight SL.
We can see Lower Low and Lower High for downtrend. The point is where we should go short. I will wait for it to push a little higher first.
Bull is in control. But with the rounding top, it may go down first. Watch the resistance at 1.0670. Price may be struggled a little over there. We will consider to go long if some positive candles are formed over there. We may go long the the rounding top is broken too.
Place a Short Stop order at 1.0649, SL 1.0660, TP 1.0550