going long after the break of trend + head & shoulders + neckline retested ( supported with Divergence)
it break TL on H4 and it forms H&Ss on small TF beside its on critical support area if it break and retest will go long to fibo targets and then short from there to 1.43600
I am depending here on Classic TL break and retest+ 50 fibo and Daily SMA200 targeting 224% of the move
Will go Long after daily close of TL retest ... after the long run down the pair will correct after false breakout and bullish daily candle it formed beside the Bullish divergence it made.
short as it broke the channel and I consider it flag here and the target is the highlighted area, it weekly so will see end of the year where it will be
beyond this level I think EURO will change direction so I will shorted here depending on the trend and the wedge
it reach the area and made divergence and RSI is in overbought area as history data it retrace back when ever these 2 things happen , lets see on Monday will it bounce back ;) * I don't expect breakout might expect fakeout as it might happen with overbought
I see that the DXY will bounce from first area to 98.8 or more and if it doesn't then second level is much much better even to go long for 500 TP
I think DXY if break the first level is doing to Second level which I prefer to buy from and stop in 180 pips below the Demand Area that's only if it break the first area which I hope not but Fundamental say so :D
Pair is facing very strong area and about to make divergence which support the long position especially if break the last high will take SL to break even
the price broke the TL and retest it and heading to break the low with range of 700 pips target
from 1.137 to 1.14200 (Supply Area) with open goal maximum 1.0600
Shorting EUR before Dragi Speach as I think it broke 1.1190 level and it retesting and will head back to 1.06 level before it head back again to 1.12-1.14 area