EURUSD1! trade ideas
Euro fx daily outlookFrom a technical view we see head and shoulders completing and breaking down below a key 2016 support level. Key support levels at targets 1, 2, and 3 based on Fibonacci extension and retracement commonality zones.
e6 shortThere are no good buyer, and we have daily minimum for long time - if price will testing selling range catch short
e6 longThere are weak sales without good vol - and good buying in left.
Try catch break of max of bar with increase vol.
EURO FUTURES 60MIN CME UPDATED 9/13/2016Price is moving on sliding parallel up as we have multiple touches. Look for an eventual break to the upside.
EURUSD Daily idea (futures)Remember this is 6E which is the futures of EURUSD, so price levels can be slightly different.
7/31/16
I am still bearish EU weekly and want to see 1.03, but I suspect 1.17-1.19 may come first. We appear to be a large weekly abc which clearly breaks down into daily, 4hr, and 1hr WXY cycles. Under 1.09 would cause me to reevaluate the idea.
weekly - bearish
daily - bullish
4hr - bullish
EURUSD Daily UpdatedThis is futures pricing, not spot. See original idea - EURUSD Daily Idea (Futures).
4hr - long
Daily - long
Weekly - Short
EURO FUTURSWhile bulish channel has broken,
Bar pattern suggest bulish scinario
Inside day has broken to the up side
If this pattern is proven valid, we may see marginal new high in july
strategy : buy first 61.8%-retracement after a meaningful rebound
Break of Resistance triggers buyPrice approaching important resistance level. Momentum still high and price makes higher highs.
A break can trigger buy, but only with a retest, we get a high probability entry.
