NidalDarawsheh

NidalDarawsheh

I'll be looking at smaller time frame for a short entry around 1.448 - 1.451

NidalDarawsheh

my first long entry setup - please see attached idea for targets

NidalDarawsheh

inverted head and shoulder

NidalDarawsheh

details and approx. levels in chart. (pattern statistics by Bulkowski). good luck

NidalDarawsheh

Price broke and closed above trend line, as basic and simple as that.

NidalDarawsheh

above $71 target $81

NidalDarawsheh

Details in the chart.

NidalDarawsheh

I am adding 2nd short entry here, please see related idea for the bigger picture. I think bulls had their chance 2 times so far, price might head south from here, I would use a stop above 1.5 for this one. all based on price action and current behaviour this is not a set and forget setup. I would wait for 4hrs close before taking action - worth watching

NidalDarawsheh

good luck - all details are in the chart. remember pound is cheap at the moment and it's a good buy (look at the monthly chart). be ready to stop and reconsider.

NidalDarawsheh

use tight stops and good money management, Good luck.

NidalDarawsheh

EURGBP still got some more room to stretch south (Please see chart) before we start considering longs, the pair is due for correction (re-test of 0.77440). we have seen some bullish momentum around 0.74100 at smaller time frame but was consumed quickly. I'll be considering long around fib 0.764. The entry is sort of a line in the sand, Monday might bring a Gab...

NidalDarawsheh

Entry: -Fib 0.764 (please see chart) and 60 days moving average. Stop: no more than 30 pips We are reaching historical lows and what we are seeing at the moment is more of a slowing in the decline rate more than a reversal or large correction. interest rate hike in 2016, we have heard this before nothing new. the question is when will the US raise it's...

NidalDarawsheh

I am neutral at the moment. waiting for a breakout or a break down

NidalDarawsheh

It's all in the chart - nothing fancy here, small risk trade

NidalDarawsheh

As can be seen in the chart these channel clones continue to have influence on prices as support and resistance. yesterday price broke daily pivot at 1.5278, so far it failed to have new buyers and price has been trading within a very small range for the last 18 hours, I think it might try to retest the daily pivot before it find buyers. personally I still...

NidalDarawsheh

AUDJPY back to trade in no mans land.

NidalDarawsheh

this trade is not filled with my broker I am already long from 1.5033 with BE stop. I just see a re-entry here please see the linked idea below.

NidalDarawsheh

for those who like to trade price action - nice double doji setup on 8 hour chart, tight stop - commodity currencies can't find buyers,