KairosFX1

KairosFX1

Price has reached a key level where it has effortlessly been rejected, forming a double top. this gives us a nice opportunity to short for 1:4 risk-reward ratio.

KairosFX1

Uptrend broken downward. We have a new trend. Price came back to retest and was rejected. This is a nice opportunity to short if price closes around 80.45 for 1:1.27 RR Ratio ( first target 80:00 and second target 79:00)

KairosFX1

We will sell if price closes below 1.2985 for 1:5 risk reward.

KairosFX1

We are waiting for price to do its "action".

KairosFX1

Potential break and retest for further drop.

KairosFX1

Possible move on Australian Dollar vs Singaporian Dollars. We have been selling since price broke out of the box. We expect more sell, all things being equal.

KairosFX1

Possible Sell

KairosFX1 Updated 

Let's wait for pullback and then go long.

KairosFX1

W Pattern, Breakout, retest, uptrend...

KairosFX1

Hello traders, what's your view on this?

KairosFX1

We will be patient to let price fall below the horizontal line, retrace and then we enter with low risk as a sell now would be too early and aggressive.

KairosFX1

This pair shows looks very bearish to me. Double Top, price broke downward, it rallied, then fell. The current upward move might just be a little rally for a further drop.

KairosFX1

The massive sell w witnessed last trading week might certainly come to an end and give way to Bulls to enter the market. Here are the reasons: DOUBLE BOTTOM, M PATTERN; BREAKOUT, RETEST. I EXPECT A BULL RUN.

KairosFX1

Hello traders, I think a further buy on EU would be risky at the moment. As you can see, TL has been broken, we expect price to retrace before bouncing back. that could take about 200 pip drop if price action is respected. Waiting to buy around 1.1075 would not be bad. Do you see something different? Please Share it in the comment session.

KairosFX1

Hello Traders, what do you think?

KairosFX1

A safer entry would be after the break of the trendline.

KairosFX1

After the double top/M pattern was formed and the neck broken, price retested the neck area, trying to break out, to no avail. So it is likely that this pair falls.

KairosFX1

Price has well respected support around 1.7780, it is now heading towards 1.8272.