seeing price rally in the beginning of the week shows significant bullish strength, depending where price begins to gain momentum after the pull back we will long the EURO. we have ideal fib zones in between the 38.2% - 61.8% and 78.6% 88.6 where price can gain its momentum to go higher. if we get a valid rejection + continuation we have targets at our extended...
price has been in bearish run making lower highs, and lower lows in form of pullbacks. seeing price now making a retracement can give us an opportunity to short this market once identifying a trend continuation off our fibonnacci levels and take profit at the lows where buying demand is identified, leaving stop loss right above previous structure high and manage...
seeing a weak dollar across the markets can give us a good opportunity to buy gold to previous structure highs. seeing this nice bull extension really indicates up trend momentum where we should position our selves after pull backs. patience and waiting to adapt to the market.
hey guys been stalking EUR/USD and may be time for a nice pull back opportunity. seeing price make lower highs and lower lows we can predict a bearish continuation to our 61.8 fib support level where it aligns with previous market structure for some nice confluence. we do have some nice risk reward but nevertheless i cut losses short if i see some type of...
guys this might be the last support we see holding before huge rally stay woke invest wisely !
pretty solid trade off the 88.6 aligns with previous structure support. 1:3 risk:reward approximate
seeing the euro rally against all major currencies has been havoc, wouldn't want to trade against the trend and seeing price at this crucial support area may indicate a good long opportunity. odds favor the upside at this point but have to be patient for our signal, safe trading!
seeing price respect near the 38.2 fib support at the moment. i see price either rally from here OR break 38.2 and head towards the 61.8 fib support which is in perfect alignment with previous highs we had the first days of January. will act upon what i see. safe trading everyone !
alot of confluence in the fib zone, bearish momentum continuation after valid double top. sell target at 61.8
seeing this double top and bearish divergence on the RSI i do believe the targets displayed on the chart will be met.
seeing the technical's buyers may drive price from here. do not see new lows being made.
looks like we have a perfect completion at the 100% fibonacci level may pull back to support where we will continue our up trend.
Quite simple, respected the 88% and broke trend over all expect weaker dollar, although the yen has been week as well would like to see how this plays out. execution zone at the break 30 pip stop 200 pips on the radar.
From A to B we created our first impulsive leg where we then made a retracement to previous minor support creating our B to C leg. We then take our fibonacci expansion tool and measure from A to B, back into C leaving the 100% completion above the previous H.H. If you then measure the A to B move and clone it from C to D we do see the same measurement lining up...