Showing weakness here. Looking for a pullback before we inevitably go higher.
Currently at the 1.30 major support level with an oversold RSI. I see a quick bounce that could retrace all the way back to 1.31
Pair has continued to make higher highs and higher lows. Just hit the .618 and held pretty well. Euro seems to be coming out of deflation back to neutral (big whoop right?). I think we threaten the 1.14 level.
Looking for a quick pop to the top side here. Want to trade this back into 1.64. We've had three tests here and have bullish divergence.
Look to play this to the topside real quick. Sold off quickly and Im playing countertrend.
Since this is a weekly chart, we cannot confirm this until it closes this week but signs are pointing lower. A close below the trendline shows a lot of open space below.
After plummeting to its current position, the pair is starting to firm up. We have to ask ourselves though, is this due to dollar strength or yen weakness? I would point to yen weakness. After a strong run, the yen is showing signs of weakness. For this pair to turn around it has some resistance levels to break through first. Keep this on the watch list....
Man that is a cheesy title. A good 50% of the people probably don't even get the reference. We have a Wolfe Wave completing at support with bullish divergence. Seems to be a pretty nice little setup here. This set up looks to take us back up over 1.90.
Selling this pair. Stops and target are on the chart. A break on the trendline has me selling more.
We have trendline resistance combined with a bat pattern completion.
We've hit targets on the double top. Now we have an ending diagonal. Looking to play to the upside on a break.
Looking a little overweight and stuck at resistance. Would like to play it short on a breakout.
Looking for a completion of the Gartley around 1.40.
Looks like a point 5 has been hit. You'll have to wait for confirmation on a break back through before buying.
Would much rather sell this pair on the completion of the Bat Pattern than at current prices.
Just made a new high but I want to see if it can close above this level. If not, I want to get short.
Buying this as it breaks through resistance. You could also wait for the break and retrace to support to buy.
Bat Pattern just completed. Stops and Targets are on the chart. Make sure you do your own due diligence before taking a trade.