It would appear we have a nice opportunity to again try shorting into the corrective pattern. It is our view that the current downtrend in the EURUSD is not over yet and the top from 1.25xx and prevailing long term trend down is has not yet identified as being over. There is however a distinct possibility we could rally all the way to the 1.2075 level which...
ETHUSD - LONG Decent closing support @220 and at the low @211 SL - A Close Below 220 OR Intraday Below 210 TP 1 - 280 25% Let the remainder ride and trail stop. If stopped out, look to re-enter @169 with SL @150
There appears decent closing support (line chart) @6270 and 6108 is a 50% down trend extension We are Long from 6380 SL - Below current lows or below the 6108 50% extension @6080 TP 1 - 6980 (25% of Position) HODL remainder use trailing stop, will update later if trade works out If stopped out we will look to re-enter @5780
Decent support seen here, Fundamentally USD and rates should prevail, Return to RoRo (ON), the dollar will continue to be the GO TO global currency. Rising rates, good economic data, stable economic growth all bode well for the greenback. While this current channel may break, and we will play a tight stop, in the longer term the dollar is still trending higher,...
SELL: 1.2750 - 1.2785 SL: 1.2801 (Max. 51 pips) TP1: 1.2660 (Min. 90 pips) TP2: 1.2370 (Min. 400 pips) RR: TP1 1.75 : 1 TP2 7.8 : 1
EURUSD - SHORT SELL: Between 1.1440 - 1.1495 SL 1.1535 - MAX 95 pips TP 1.1210 MIN 230 pips RR: 2.5 : 1
Re-entering a prior long position that was closed manually. Doji formed, Support Held, MA 13,34 cross bullish, MA 8,34 cross bullish, limited downside risk with stop below yesterday's lows 1.1569
EURUSD Long. Broader correction to extend, potential reversal in play. Ideally we should be buying dips closer to the lower end of the range of the larger correction or reversal pattern. However, in this instance the smaller timeframe indicates a potential rally, with downside risk limited to 1.1680. Bigger picture, is the dollar still going higher or is it...
Nice breakout and reversal, look to close the gap and head back towards 50.
Support reached, target from previous short reached, correction or reversal play.
Resistance target reached, looking for reversal.
SHORT USD/CHF @ 99.65 - Strictly technical see chart. Placing stop above previous high of approximately 1.0055 so will place @ 1.0075.
Hourly, 4h, and Daily line up to indicate a return to 9950+.