There is a possible bullish cypher seen for EURUSD D1. Price entry is based on a double bottom setup with a broken neckline at candle close of 1.22477 noted at the H1 timeframe. The stop loss is placed just below D point while profit taking is targeted at the 38.2, 50.0, and 61.8 Fibonacci retracement levels of the CD leg, respectively. Trade Setup: Bullish...
Trade Setup: Bullish AB=CD Price Entry 1.19283 SL 1.19054 | SL pips 22.9 TP1 1.19567 | TP1 pips 28.4 TP2 1.19711 | TP2 pips 42.8 TP3 1.19854 | TP3 pips 57.1 RRR1 1.24 | RRR2 1.87 | RRR3 2.49 Status/Remarks: TP1 hit!
Coming from a consolidation, there is a recent bearish bias to the downside for EURUSD which started last month. So far, there is a reaction at the 88.6 Fibonacci retracement level, giving a us possible bullish bat setup which is a continuation of the longer term trend. If price holds at this level, then the pattern remains valid and I am looking for a long...
Trade Setup: Bullish AB=CD Price Entry 1.21688 SL 1.21546 | SL pips 14.2 TP1 1.22092 | TP1 pips 40.4 TP2 1.22245 | TP2 pips 55.7 TP3 1.22398 | TP3 pips 71.0 RRR1 2.85 | RRR2 3.92 | RRR3 5.00 Status/Remarks: SL hit!
Trade Setup: Bullish AB=CD Price Entry 1.22960 SL 1.22789 | SL pips 17.1 TP1 1.23130 | TP1 pips 17.0 TP2 1.23220 | TP2 pips 26.0 TP3 1.23309 | TP3 pips 34.9 RRR1 0.99 | RRR2 1.52 | RRR3 2.04 Status/Remarks: TP1, TP2, & TP3 hit! :)
Trade Setup: Bullish AB=CD Price Entry 1.23442 SL 1.231 | SL pips 35.4 TP1 1.23754 | TP1 pips 31.2 TP2 1.23944 | TP2 pips 50.2 TP3 1.24134 | TP3 pips 69.2 RRR1 0.88 | RRR2 1.42 | RRR3 1.95 Status/Remarks: TP1 & TP2 hit! :)
Trade Setup: Bearish AB=CD Price Entry: 1.24563 SL 1.24799 | SL pips 23.6 TP1 1.24214 | TP1 pips 34.9 TP2 1.24049 | TP2 pips 51.4 TP3 1.23884 | TP3 pips 67.9 RRR1 1.48 | RRR2 2.18 | RRR3 2.88 Status/Remarks: TP1, TP2, & TP3 hit! :)
Trade Setup: Bullish AB=CD Price Entry: 1.21898 SL: 1.21600 | SL pips 29.8 TP1 1.22254 | TP1 pips 35.6 TP2 1.22441 | TP2 pips 54.3 TP3 1.22628 | TP3 pips 73.0 RRR1 1.19 | RRR2 1.82 | RRR3 2.45 Status/Remarks: TP1, TP2, & TP3 hit! :)
Trade Setup: Bullish AB=CD Price Entry: 105.396 SL 104.579 | SL pips 81.7 TP1 106.874 | TP1 pips 147.8 TP2 107.561 | TP2 pips 216.5 TP3 108.249 | TP3 pips 285.3 RRR1 : 1.31 | RRR2: 2.65 | RRR3: 3.49 Status/Remarks: TP1, TP2, & TP3 hit! :)