MiguelMateo

MiguelMateo

The zones to be traded are low in the 1D time frame (red zone); there is a small uptrend with a buy sentiment/climate in the 4H. Two demand zones are very close to the current price with no close supply zones above. EMA 100 is lower than the EMA 200 line but very close, if it crosses it, I expect other traders to join this trade pushing the price further up. ...

MiguelMateo Updated 

Nice pivotal area is formed at 1H time frame, supported by downtrend on 4H. Plenty of rooms to go further down based on the 1D analysis.

MiguelMateo Updated 

There is a nice pivotal area from 111.5 to 111.75 supported by a Fibonacci line @38.2%. There is a resistance line at 111.45, so the area selected makes it a perfect trap.

MiguelMateo Updated 

Nice pivotal area @15m chart found at 1.8913 - 1.8933. This pivotal area is within the range of a pivotal area in the daily chart, at 1.8882 - 1.8978. The price will enter the area in the 15m time frame and will bounce, following the down-trend. Target should be around 1.8678.

MiguelMateo Updated 

Two strong SELL pivotal areas formed at 1.083-1.090 and (a recent one) at 1.064-1.070. There hasn't been a clear BUY pivotal area since 2002 ... would you short with me?

MiguelMateo

A clear buy pivotal area was formed at 1.197-1.208, and then two more, one after each other, formed at 1.231-1.238-1.246. No sell pivotal areas found above until 1.281 ... indication of a long position perhaps?