EMkioko

EMkioko Updated 

-Price in a zone -Volume is dying out -price could drop to 131.57 or down to the trend line.

EMkioko

Eurusd is ranging as you can see in the chart. -The lower zone has a stronger support so price could potentially drop to the lower box then continue its upward trend. -Will monitor the pair closely for better bullish signals come next week.

EMkioko

-Higher high than the prev candle -Lower low than the prev candle -On a support/Resistance zone. -Stop below the big shadow.

EMkioko

Price could continue up as we can se the price print bullish candles in the higher intraday levels. Placing my stops as shown. Lets see how this one goes.

EMkioko Updated 

-This pattern formation so often leads to a sell trade. -Will place my stops and target level in the places shown in the diagram and anticipate market movement. -Let's see how it goes.

EMkioko Updated 

-You can see our major zones there on the chart. -There is a lot of imbalance in the market with retail sellers being the majority at highs of 89% -We have our major support of price standing at 1.07100 and bit of an issue at 1.09306 with price resisting upward movent. -Ill be looking for buy signals on price hitting my trendline as shown. However, if price...

EMkioko Updated 

Targeting 1.07300s. -Resistance at 1.08200. -If resistance holds,am selling down to 1.07300s

EMkioko Updated 

-Here you can see the ranges within where EUSUSD is trading. -If we consider the 2nd leg to be a mirror of the 1st leg, we could bet that 1.05200 support will hold. -Another assumption is that the general trend wants to continue up so the zone 1.05200 won't break. -Our 3M analysis says here- that we formed a big shadow end of December 2022 quarter. -It also...

EMkioko Updated 

Good morning, Its been a great year and the year 2023 looks blessed. -We can see a bullish engulfing candle, a buy signal for the next 3 months Happy trading come next year.

EMkioko

See, price has hit 1.09200 resistance zone. -This as you know this is the time to wait. A lot of traders will be selling this pair but before you sell, look at the market sentiments. You wanna buy when the retail traders are selling. -I believe this pair is going to go up. 11% percent of the traders buying is where we look for the buy signals. -Enjoy this good trade.

EMkioko

Support at 1.08391 Resistance/Tp1 at 1.0870 Take profit target 1.08958

EMkioko Updated 

Well i can see price has retraced but close to the high/ resistance. -We have found support at around 1.08177. -I think of the pattern as a bear trap for price to shoot up. Placing my stop at 1.08166 and tp 1at 1.08475. -We can also see that a large number of retail traders are short; Retail traders are known to be countertrading most of the time. -lets see...

EMkioko Updated 

-Higher high than the previous candle's high -lower low than the previous candle's low -Printed on a support zone -Candle has the widest range of the last 15 candles -Stop on the other side of the candle - 1.08143 -Take profit next zone at 1.09000

EMkioko Updated 

-Support created at 1.08069. -There is a zone at 1.08069 -Candle closed bullish with a high higher than the previous 4 candles. -See how it goes.

EMkioko Updated 

-Support has been created at 1.07775 area -Expect price to go higher to target level 1.08250 area -Stop loss placed a few pips below the zone.

EMkioko Updated 

-Resistance has been broken here -Place a buy stop below the low. -Stop loss above the high of the previous candle -Taking profit at the nearest level

EMkioko

-Short scalp here. -You can see a small kangaroo tail has formed there. -What do we see here? -That the body of the kangaroo is within the upper 1/3rd of the candle. -long tail & a huge space to the left. -The candle nxt it broke above its high. - Place buy stops and tp in the next zone. -Stop loss below the low of the kangaroo tail.

EMkioko Updated 

-22nd of March 2023. -I want to believe EURUSD is in an uptrend but looking at the chart and seeing the huge space to the left i think price has gone too far up and we could see it drop sharply -Eurusd could be in a strong resistance zone and we could see it drop sharply. -I dont know, will be placing my sell stop at 1.07550 and wait for price to come...