


analitykFX
It looks like price is going to drop based on triple top / H&S formation . So I opened short with nice R:R ratio SL above previous height. TP 3,9880
It looks like short is good idea (for now). SL above 48.50 with TP near gap - 45.50
Wait and open short. 1305 - 1320 is sell zone with target 1220
My previous analysis worked well, on friday price reached the 1220: So now we should wait for next up correction movement. 1205/1990 area is good for long position.
Triangle and few bearish signals based on price action. So we can go short now with SL 101.20 or (safer) wait till price move below 100.00. First target should be 96.80.
Price broke support around 77.30. Now it looks like re-test so it's good moment to open shorts with TP 74.60 and SL 77.70. Weekly chart show us where TP should be.
Another great R:R ratio for long term! Price reached strong resistance which gives us a chance for a big down move
Price rejected the resistance (trend line) and weekly candle made long shadow. It look even better on the daily chart where We have 3 bearish candles: R:R ratio is amazing: SL 100 pips and TP even 1300! In next week I hope we'll see small correction to 0,7670 / 0,7690 level where is best place to open short positions.
Previous structure looks almost the same. So I assume that now (based on harmonic structure) price can reach 83.00 level. Our SL is 100 pips below so R:R ration is 5:1 . That's enough for me. TP 82.95 SL 77.20
Previous new heights ended with 0,618% fibo corretion so now it might happen again. We have bearish candles at D1 and W charts which give us more confidence.
Price formed triangle. Arrow shows stron resistance at 0.9480 - 4 daily candles with long upper shadows. That gives us a chance to open shorts NOW with really great ratio (SL only 50pips with possible TP 700! ) stop loss 0.9490 1st target is 0.9210 2nd target is 0.8710 good luck for eveyrone!
Good moment for correction after big friday impulse . TP 1 101.52 TP 2 100.62
After friday news price reached new height. We can easily notice simple "V" construction. Now we should wait for correction to at least 133.00 and there open buy positions. Best possible buy are is around 132.20 but chances that price gets there are small. SL 131.75 TP1 136.00 TP2 140.00 On weekly chart we have also bullish candle formation:
As We know curve works often and it's really simple to trading with good R:R ratio. Chart shows where to put SL and TP. You can look at my EURAUD analys where perfect curve completed in last week:
Simple as always. First TP is 1.2500 . Then we'll see what happen :
The smaller head & shoulders formation inside ( red color) is completed. Now is time for the bigger one (blue color). We should see some more down movement before next up wave. So wait for long positions near blue or dotted red line. TP1 is dotted blue line TP2 is dotted red line. SL 93,30 Long term view:
Price broke the trend line, then tested it without success. We have 3 bearish candles so it's good opportunity to sell with small stop loss (above shadows) . TP1 1315 TP2 1254