4H chart shows price has been away from the & needs to return to the 50 sma. Macd is over extended above 70 level. This is my personal opinion and is not a trade signal.
Pair has been in a tight range just above and below both ma lines. Market should be ready for a breakout either direction. These are just my personal opinions and are not trade signals.
Pair keeps making higher highs and higher lows so my expectation is that the bullish trend will continue. We have a 4h sideways consolidation range that has developed. Breaking that top resistance point is my first entry @1.3534. Then my 2nd entry is at the resistance level of 1.3618. My TP is the -61.8% fib @ 1.3674. I am watching the MACD Blue line to cross...
Price crossed 50 sma to 100 sma long. Entry was taken from a 15m resistance breakout long. TP is the 100 sma. Macd is heading towards the 0 level line with momentum because the space between the lines is widening.
Just an example of how many of these trades there are at the beginning of the week.
This is just an example of how many of these trades there are at the beginning of each week.
Macd has crossed over below 0 level line which indicates possible bearish move at the beginning of this week for the pair. My entry is not quite ready becasue price is in-between the 50 and 100 sma. I am expecting the price to return to the 50 sma so I have a sell limit in that area. Price should fall then back to the 100 sma.
I watch for this trade on Mondays and Tuesdays until midnight. I am looking for the Macd Blue line to cross over the 0 level line which indicates there may be a longer move with this pair during the beginning of the week. If the Macd Blue crosses back over the 0 level line then I am out.
Just follow price action as you follow the arrows. Exit 1/2 position 5 pips before and re-enter 5 pips after whatever trendline or fib arrows are headed for.
Pair broke trendline and is completing it's Break-Hook_Go. FIRST ENTRY is 50% fib @ 1.1966. SECOND ENTRY is at 61.8% fib @ 1.1996. First TP is at 78.6% fib @ 1.2038, take off 50% of position. THIRD ENTRY is @ 1.2055. Second TP close whole position at 100% fib @ 1.2092.
Current price is 111.00. Market could go up to 127% fib @ 111.60 and then reverse short. Or Market could reverse short where it is and go to the 100% fib @ 110.68 and then to the 50% fib area @ 109.00. Watch the RSI with price action for direction.
This pair's RSI needs to take a break from being above the 70 level. First short trade sell stop @ 1.3545 Second short trade @ 1.3495 Short TP is 1.3455 First long trade with buy limit @ 1.3450 Second long trade with buy stop @ 1.3625 Long TP is at -27% fib @ 1.3740.
Pair already had it's 50% retracement. I entered at .8000. My TP is the 0% fib level @ .8034
We spotted two EFC trades both long and short. Message us if you want more details.
We spotted a potential reversal trade in the making. Message us if you want more details.
We spotted a potential reversal trade in the making. Message us if you want more details.
We spotted a potential reversal trade in the making. It is too early to tell but keep an eye on the GBPAUD to head to the downside following this long bullish uptrend. Look at the RSI as confirmation but this could happen quick!
Here is our EFC (RSI over 70 retracement) Strategy that our team developed. Message us if you want more details!