we will sell @ 98.50 to retest the down channel SL: @98.90 TP: @97.80
we will sell as i mentioned in 1H chart then we will buy @155.25 SL: @154.60 TP1: @157.30 TP2: @159.30 TP3: 161.30
we sell @ 157.25 SL : @157.60 TP1: @156.60 TP2: @155.40
as u can see the RSI is over bought and we create a Butterfly Pattern now i we will sell as i said in 1H chart until we reach 132.20-10 level we buy with : SL: @131.10 TP1: @134.20 TP2: @134.90 TP3: 136.40
we will sell @ 133.75 SL: 134.55 TP1: @133.00 TP2: @132.20
buy @ 1.0330 SL: @ 1.260 TP1: @1.0420 TP2: @1.0470 TP3: @1.0510
we will but @ 0.9100-0.9090 1- retest the nick line 2- retest the channel SL: @0.9050 TP1: @0.9210 TP2: @0.9265 TP3: 0.9390
if we close above the Triangle we buy after the retest maybe around 0.9470-80 SL : 0.9430 TP1: @0.9525 TP2: @ 0.9590 TP3: 0.9670 **if we close below the Triangle we will sell after the retest maybe around 0.9400-10 SL: @0.9460 TP1: @0.9315 TP2: @0.9250 (to close the gab) TP3: @0.9210
1- down side channel 2- 88.6 Fib 3- head and shoulders finish buy @ 1.5830 SL : 1.5760 TP1: @1.5960 TP2 @1.6070 TP3: @1.6200
Area @ 1.3510-1.3490 is so strong because of : 1- trend line 2- head & shoulders 3- Butterfly Pattern ( we are in C ) so i guess it will first reach 1.3500 and then if it close candle above 1.3520 we will buy SL: 1.3480 TP1 : 1.3580 TP2 : 1.3620 TP3: 1.3680 but if we break the level 1.3480 ( nick line ) and close candle below it we will sell at 1.3460...
every thing shown in the chart **just move the SL to entry if we hit TP1
entry : 1- up trend line 2- 11.4 Fib sl : 1- below lowest level TP : 1- 50 Fib 2- down trend line
long : if we break down trend line no.1 we will test up trend no.1 and down trend line no.2 if we break them we will go to 1.3640 short : if we break up trend line no.2 we will test 61.8 & the strong support 1.3460 if we break them we will go to 1.3325 and to 1.3300 to close the gab ** break : close 4H up or down i think the long chance is better
reasons to enter : 1- trend line 5th time 2- support 3- 11.4 from the second move 4- nearly 50 from first move SL : 1- below 38.2 first move 2- below 127.2 second move TP1: 1- resistance 2- 61.8 second move TP2: 1- 11.4 first move 2- 88.6 second move just 2 TP *** move stop lose to entry if we hit TP1
we r in strong support @50 Fib ( 0.8270) i think it will go long to 11.4 Fib ( 0.8330) with SL @ 0.8260 then it will retrace to 88.6 ( 0.8210) Fib fast maybe more down will SL @ 0.8360 ( strong resistance ) but if we brake the 0.8260 we lose just 10 pips from the first trade , and we will go directly short to 0.8210 with sl @ 0.8280
reasons to enter here: 1: the golden Fib level 127.2 2- support 3-butterfly pattern 4-trend line *5- i thing the head and shoulders created and we finish the down move for the right shoulder which is the same up move for the left shoulder SL: below 161.8 @1.5860 TP1 : resistance & 50 Fib @ 1.6135 TP2: 88.6 Fib @ 1.6225 ****move the SL to entry if we hit the TP1
as shown in the chart if you agree or not your opinion will be helpful !!
reasons to enter : 1-88.6 from ( X-A) 2- trend level 3- pattern created sl below 127.2 (X-A) TP above 127.2 ( B-C)