If we are looking yesterday, no trend for eurusd, but we need to follow trend in D1. just open SELL.
Looking to short this pair if we get a pullback towards 0.8520 without breaking the lows around 0.8495. Primary target will be around 0.8500 with extended target all the way down at 0.8400.
Explosive fall is about to begin . Demand decrease @ $0.745 . A lot of buyers trapped @ $0.738 just above support. Because Money Flow is down, our Odds are for short. 1:6 risk:reward trade (take half when 1x profit)
We are seing a pre-breakout structure forming and a possible breakdown of the corrective structure if this breakout manifests. Trade idea is pretty straight forward, entry close to the top of the corrective structure in cas of a pullback or a breakout-retest entry. Short term target for me would be around 48.25 and longer term targets 47.70 and 46.00.
shes hitting resistance and ready to shoot down!
Correction forming underneath a strong resistance zone. Will be going short on a pullback to 0.9670, targeting 0.9655 primarily. Extended targets are 0.96350 & 0.9595.
1) BROKEN A DESCENDING TRIANGLE 2) BREAKING A MINOR SUPPORT 3) ON A HOURLY PULL BACK FROM RESISTANCE & MORE... EXPECTING PRICE TO BREAK AND OPEN BELOW 1.1237.8 BEFORE WE CAN GO FOR A QUICK SHORT. LIKE SHARE AND LEAVE YOUR COMMENTS BELOW.
We presume short selling after Brexit vote in U.K. Surely Central Banks will react but our view is weakening of EUR against safe haven currency USD.
JUNE PROMO: www.StarProsper.com PAIR: AUD/JPY TIME-FRAME: 1HR TRADE: CTS Looking at taking a Short position on AUD/JPY - waiting for a DT (LTF) for our ROE to be met. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart WEBSITE: www.StarProsper.com FACEBOOK: ...
H4 : there is an H4 supply zone formed H1: and inside of that there is an H1 supply zone too 15MIN: there is an original 15min supply zone inside of an h1 supply zone which means that there is a high probability of 15min working out TP1: 1:1 R:R TP2: i will be trailing till opposing H1 support twitter.com
Elliott Wave 4 confirmed at failed break of the 76.4% Fib level. Brexit fears weight down optimism as well as a a key member of the British cabinet provoking a cross party spilt of the ruling Conservatives. CPI data tomorrow is not expected to be highly positive and a poor read should confirm a lower close for Tuesday. There are event risks with the ZEW...
gbpjpy is going smoothly down , and we will be looking for any good pull back entry or any good Sell Stop entry !
Hi Traders, DAX today reached its channel resistance and also resistance line around 11,620. I expect for him to find resistance in this zone, however, It wouldnt surprise me see him making another high tomorrow to touch that 0.618% fib at 11,731 and fall, HOWEVER, we need to close the daily bellow channel line to show that sellers put some short orders. Stop...