Price broke Moving Average with period 100 and formed a local high. We can open long trades above the swing high with DMI confirmation. Entry level is 1.1120 and a stop order should be placed below MA100. As for profit target they can be: daily MA100, levels of round digits 1.1300, 1.1350 and 1.1400 for long term.
Completion of valid Gartley Pattern would be inside channel , good opportunity for long position.
DXY - USD Dollar Index could change Long RR Ratio >3:1
EUR USD we see divergence so we can sell with low risk
Taken a long position based on the following: - Weekly bullish engulfing candle - Broken 1.1150 resistance comfortably This might simply be a bullish trap as we've seen in the past, however with USD weakness in the clouds prior to NFP, lets see where this takes us. Trade safe
After retracing a bit to make daily highs, I still think EURO a bit more to go to test bearish trendline before fall.
-NEW SIGNAL- Type : Market Execution Date : 1.8.2016 Time : 13:50 GMT+1 Technical : H1 & H4 pinbar on daily supply zone Pair : EURUSD Timeframe : H1 Trade setup : SHORT Entry at : 1.11659 Take profit 1 : 1.10848 ( 82 pips ) Take profit 2 : Take profit 3 : Stop loss : 1.12032 ( 37 pips ) Risk reward : TP1 – 1:2 TP2 – TP3 - Our risk : - Touch trades/Wick plays...
we will be looking short opportunities in coming days !
We have bullish divergence form by MACD and RSI. Price bounced from the support level 1.09500 and gave a signal for a buy trade. ADX starts falling and it means that that we don't have a strong down movement. Entry level is 1.09970, stop order should be place below 1.09450 and profit target will be MA100.
EURUSD Failed break & stay above my TL on hourly chart. PS: I am biased since I got some selling orders hehe.
I sold eurusd its a great opportunity.
BROKE MAJOR TRENDLINE TINY TRENDLINE BIG AREA OF SUPPORT