E/U h4 left h1 right: rising wedge forming on the h1 + bearish MACD confluence, which goes together nicely with a 3rd touch in that ara on the h4. Two possible opportunities being firstly the 3rd touch and then the break retest of the lower TL for a scale in.
EUR/USD analysis with multiple possible pending’s, using Technical analysis. Red Boxes represent sells Green boxes represent buys.
A short opportunity on this pair. Confluences for taking this short being: - 3rd trend-line touch - Daily EMA's - Key level
Sell from the red box and buy from the green box. Sell based on multi time frame analysis: 3rd touch on both time frames Daily 50 ema H4 200 ema
Strategy: FYNTEK Confluences: Break retest trend line, break retest 50 EMA, 38 fibonacci retracement SL: 25 pips Tp1 = 30 Tp2 = 50 Tp3 = 100
Strategy: FYNTEK Confluences: trend line break retest, 68 Fibonacci retracement, EMA's SL = 30 pips Tp1 = 30 pips Tp2 = 50 pips Tp3 = 100 pips
Third touch, Break retest of trend line Startegy = FYNTEK (numbers = pips) Sl = 50 Tp1 = 30 Tp2 = 50 Tp3 = 100
Long from the green box Strat = FYNTEK Sl = 50 pips Tp1 = 30 Tp2 = 50 Tp3 = 100
Simple third touch from a higher time frame sell zone, supported by bearish MACD divergence