The pair is heading toward the 4h supply zone and is starting to break the 2nd demand zone. The target for this trade is 1.284 with a R/R of 1:3. The overall trend is bearish but this could be a start for a reversal. In the short term we can expect a move to the upside. No trade is sure is all about probabilty and I think this has a good chance. Good luck everyone!
This pair has a bullish potential, the overall trend is bullish on the 4 hr timeframe. After the two big green candles it has done a retest and finally touched our zone of interest. All we need now is a confirmation of green clandles pattern to enter the trade. I think it will mostly continue to the upside our target for this pair is 1.417 with an R/R of 1:4. Good...
looks like the pair is ready for a reversal, confirmation would be above the 1.06 level. now the price has just broke the previous resistance at 1.052 and has doing a retest. There's a chance that it will continue upside giving confirmation for a bullish sentiment. the R/R here is 1:3. Trading is not about being right or wrong, more on risk managment and lot size....
This pair is still in a strong downtrend respecting the resistance. I think we should wait for the price to reenter the selling zone before opening a trade, Our final target for the short term is around 189.66 a previous significant level in the 4hr timeframe. I'm putting here a R/R of 1:3 but I think it is very possible to go further down so I can see also a R/R...
My analysis here is very simple purely based on price action. We are still in the selling zone so our bias here is short, the price has also created a 2nd resistance level, we can expect it to reach around 1.034 but it can go further down. a R/R of 1:3 should be good for this pair in the short term. good luck everyone! :)
After a long run bullish trend we got the first bearish signal, a CHoCH and retest. I think now is a good moment to open the trade. target for this trade is 176.86 which is around the 0.5 fib level. if It's gonna pullback we gonna look for another buy if it's gonna break that level is mostly a reversal and we'll be looking for sells.
It's all a game of patience. the marked zone will be our price of entry around 1932 and 1937. which correspond with the starting point of the aggresive bullish movement. Our best target will be the last high of the range the 1983 level. Good trade all.
We got a bullish impulse leaving an imbalance to get a healthy trend price needs to mitigate. The marked zone would be the best level to reenter the trade. To note that the buy side liquidity on the 4hr timeframe still need to be grab that would be our target level around 1982 but I still think that the price has to test also the 2002 level to fill the imbalance...
Price broke the resistance and now is acting like a valid support on the 1hr timeframe. Wait for the price to retest the marked zone, see how it will react that level then at first bullish signal set your entry, that would be the best price to open the trade. targets are 0.6914 and 0.70