I WILL NOT GET INVOLVED IN THIS TRADE, BUT JUST WANTED TO SHARE MY PREDICTION ON THIS PAIR, SINCE IT BROKE TRIANGLE UPWARDS. LET'S SEE HOW IT GOES...
This level is very critical now, I think. It seems to double bottom here. If this pair does not break below this support line, this is how I see the EURUSD behaving for the next days. SL will be at 1.07000 TP will be at 1.08500 (1/2 of my position) If the market retraced as expected, I will reopen 1/2 position long and aim for the 2nd target.
THIS WILL BE AN INTERESTING PAIR TO WATCH AND TRADE THIS WEEK. I WILL POST MORE DETAILED ANALYSIS IF I DECIDE TO TRADE THIS PAIR.
I EXPECT GOLD TO GO UP FOR FEW DAYS THEN RALLY AGAIN DOWN. WILL KEEP YOU POSTED WHEN TO ENTER THE TRADE ON A SMALLER TIME FRAME.
Retracing to the 0.618 & Reaching the trend line resistance & and the blue rectangle area is a strong support/resistance level. I strongly believe that EUR/USD will rally down. FOMC today didn't change, but I will be careful this Friday. If you will sell EUR/USD, be careful for the Nonfarm Payroll this Friday, as it might result in big moves that might stop you...
THIS PAIR FAILED TO BUILD A HIGHER HIGH. SO NOW, WE HAVE A LOWER HIGH AND A LOWER LOW. THESE PAIRS AGAINST THE USD HAVE BEEN BOTH RALLYING UP. THE EURO MOMENTUM BECAME SLOWER THAN THE GBP. SO CORRELATING THESE PAIRS WILL LEAD TO THE SAME ANALYSIS AS MY ANALYSIS ON THIS CHART. I EXPECT THE EURGBP TO SLIGHTLY GO UP, THEN RALLIES DOWN TO PREVIOUS STRUCTURE RESISTANCE...
I will have this pair on my radar for this week. Good Opportunity to Sell if the price broke the triangle formed.
IT LOOKS LIKE I WILL BE BEARISH ON MANY EURO PAIRS THIS WEEK. THIS PAIR HAS BEEN PUSHING DOWN AND FINALLY BROKE SUPPORT. NOW IT RETRACED TO PREVIOUS SUPPORT THAT BECAME RESISTANCE. GOOD AREA NOW TO GO SHORT AND TARGET THE NEXT SUPPORT AREA SHOW ON THE CHART.
good area to sell Gold. 0,618 retracement with strong resistance area. lara I love you.
I WILL NOT GET INVOLVED IN THIS TRADE YET, I WILL WAIT TILL MONDAY TO SEE WHAT WILL HAPPEN IN THIS PAIR. I HAVE DRAWN FEW LINES, HOW I PERSONALLY FEEL THIS PAIR WILL REACT. IT HAS ALREADY HIT A 3 WEEK LOW, IT MIGHT GET LITTLE BIT LOWER THEN RETRACE. IF BY MONDAY THE PAIR STARTS RETRACING, I WILL GO LONG. WE WILL LOOK AT A SHORTER TIME FRAME TO SET OUR TRADE....
This pair could not break new lows, and retested the support without breaking it. Also there is divergence on the RSI which shows exhausted market. My daily chart analysis is just a wide picture how i expect the market to behave in the coming week or two. I will look at smaller time frames to enter a trade. I will post it below when I see the opportunity to enter...
I HAD THIS PAIR ON MY RADAR. THIS IS A 2618 TRADE WITH FIRST TARGET AS SHOWN. ONCE FIRST TARGET IS REACHED WE MOVE STOPS TO BREAK EVEN AND WAIT FOR THE NEXT TARGET. GOOD LUCK. safeandeasyforex.blogspot.ae
I WILL WAIT FOR A RETRACEMENT TO THE 61.8% FIB THEN I WILL GO LONG TO TARGET 1 AND 2. STOPS AROUND 128.000. IF TARGET 1 IS REACHED, STOPS SHOULD BE MOVED TO BREAKEVEN. ***PLEASE DO NOT COPY MY TRADES, I AM NOT A PROFESSIONAL TRADER. I MIGHT BE WRONG.
THE PAIR IS OVERSOLD ON THE RSI AND IS RETRACING. I WOULD WAIT TO RETRACE THE SUPPORT LEVEL SHOWN THEN RALLY BACK UP. ***PLEASE DO NOT COPY MY TRADES, I AM NOT A PROFESSIONAL TRADER. I MIGHT BE WRONG.
RETESTING THE SUPPORT. IF SUPPORT HOLDS, THEN WE WILL RETEST THE RESISTANCE.
DOWN TRENDING IN THIS CHANNEL ON THE 1 HOUR CHART. I EXPECT THAT I WILL RESTEST THE RESISTANCE AT AROUND 100.233 AREA BEFORE IT DECIDES TO GO UP AGAIN.
I WILL HAVE THIS PAIR ON MY RADAR FOR NEXT WEEK, I EXPECT SOME ACTIVITY. OBSERVING HOW THE RSI IS BEHAVING I STRONGLY THINK THAT THIS PAIR WILL GO FURTHER UP.