EURGBP - looks to be in a range at the moment, and is heading down towards a strong H4 & Daily support zone where price has bounced away several times in the past. EURGBP has also failed to create a new high which would suggest some selling pressure in the market. Next week I will be keeping an eye on this pair, if it makes a break through our psych support zone,...
EURGBP has broken through a daily horizontal level and made new highs and would suggest bullish momentum, price appears to have come back and re-tested support zone twice. I have placed a buy position as price came to reject support zone for the second time. Targets set at previous highs and stop set below support zone.
Trend continuation I’ve placed a buy as price looks to have pulled back to test recently broken horizontal zone. Has come into zone and bounced away so entered with targets at previous highs and stop just below support zone.
USOIL structure looks bullish as it creates new highs, price appears to be pulling back to re-test horizontal level. If price shows confirmation within zone, I will place a buy position targeting previous high with a stop below zone. Just a waiting game for now.
Daily, H4 & H1 uptrend. Price has broken recent highs and looks to be coming back to re-test structure on 15Mins. Waiting for some sort of rejection at support zone before placing a buy position with target at previous high, and stop below support zone.
EURUSD still looks bullish, all 3 trades I’ve took on EURUSD has been on the break and re-test of horizontal levels. Price looks to be pulling back once again to support zone, so looking for further rejection on the H1 before placing buy position with TP a recent highs and Stop just below zone.
Daily, H4 & H1 in a clear uptrend. Price appears to be pulling back to re-rest support zone before heading further to the upside. I've placed a buy position, could wait for price to move further into zone and show some wicks or rejections before entering. Targets are set at recent highs and stop just below support zone.
Daily, H4 & H1 are in a downtrend, price has broken down through horizontal level and now pulled back to retest. Looking for rejection before entering a short position to target previous lows and stop above second resistance level.
Daily, H4, H1 and 15Min in uptrend, broken recent horizontal structure now coming back to retest as support with signs of rejection so placed a buy position with targets at previous high and stop below support
Uptrend on Daily & H4, price broke through horizontal zone and now is coming back to re-test, looking to buy at zone once rejection is shown targeting previous high with stop below support.