GSI

GSI

Self explanatory chart. Trade long if price reaches the entry point +-10-15pips.

GSI

Entry point from 161.8 + 100 fib extension levels pile up potential reversal zone. SL above 1.618 retracement. TP1 near 38.2 retracement of the up leg.

GSI

Take a look at those M15 candles. Some obvious accumulation of longs.

GSI

As on the chart. Looking for longs ar both levels.

GSI

on the chart. Looking for a longer term short around 1.1315-1.1345 area.

GSI

As on the chart.

GSI

Greeks are still ruining the game. Possible another technical cenario leading the pair down to 1.1070 area.

GSI

Bullish until the possible reversal zone around the last swing low. However, we might have an ABCD to get there.

GSI

Look for resistance to enter short. If sell taken, stops around 1.1440

GSI

Technically there is not much holding eurusd down on 4H chart at the moment. Exhaustion is the only reason why it may have some retracement. If no unexpected "tweet" (pun intended) it should clime towards 1.14 and perhaps accelerating movement when stops 1.1390 area are finally triggered. My best guess would be 1.1449-1.1470 within few days.

GSI

As marked on the chart. Can provide good shorting opportunity.

GSI

But now it looks like EURUSD is still aiming for the same zone as the butterfly BC leg would have been. My sentiment is bearish until 1.1186-1.1160 area, which should provide buying opportunity with a targets above 1.1400.

GSI

Continuation short at current levels.

GSI

My current shorts target nearing around the C point. After that I will start looking for the long with a target up to 1.14 area. The C point and the retracement on BC leg can vary from 50% retracement (1.1197 area) down to 61.8% retracement (1.1162 area), but should not exceed the 61.8 by much. If it does, it erases the pattern for me and indicates to further down...

GSI

Direction today is anybody's guess, but this is my most likely cenario for next hours. Up to 1148ish which could provide a resistance followed by leg down.

GSI

From 50% retracement and daily pivot. Short will be taken if M5 and renko trends break. Stop just above the high.

GSI

Cluster of fib levels. Possible sell emerging with a stops around 1400 and pofit taking area near 1200

GSI

New sell zone forming at 1.1307-1.1316 area. A cluster of major fib levels. Same story. Taking a short if resistance appears. Pair currently ranging at medium resistance zone. It may retrace to pervious sell zone. Medium term short also possible at current levels if we start forming lower lows on m5-m15 charts.