Since we have an inside day breakout yesterday and shortly after it reached the demand area price started to surge upward as of Asia Market it's still going up - Which is a good thing. We have quite a few choices here to make to short EURO. But worry not as we shall let the market to decide which entry the market gives us. Obviously, it would be the higher the...
Entry SL as stated on the chart. Since it broke 2 structure, I might take this as a short term downtrend. And since it's on a High place, i will find any nearest Supply Zone for shorting opportunity. There's a better place to short this pair, but we'll stick to the plan first, and i'll bring out Plan B should this plan decided to go the other way round. Good...
Not quite fond of this pair, but there's a H4 Evening Doji. Plus a Supply Zone and Fib 618 around that area, we shall take this chance to short this pair with SL at 1.17360 ( you may also put your SL around 1.17550 to be on the safe side ) Suggest 1:1 Partial Profit taking. Leave the rest to run.
Weekly Chart are showing a pull back towards the left side structure of a continuation down trend of this pair. Therefore we should find any given opportunity to short this pair at the nearest Supply Zone. There are a few entries here please refer to the chart for the entries. Risk Reward Ratio are pretty lucrative depend on which price you pick to short from....
Right still shorting this pair all the way to the next Demand Zone. Not going to do any fancy drawings, look at the chart. Entry Points given, Short the pull back and same old SL for all the Positions. Calculate the amount of risks you can take add positions cautiously. And Good luck chaps..
After the FOMC Meeting minutes we see a big candle failed to create a higher high. And during Asia market, it started to go down, therefore we shall take this opportunity to join the bears all the way towards Fib Level 61.8 There are two entry point in this plan , all of which the SL are at the same price. Should the price break previous top , we shall exit...
Well the current price lingering within the upper of the Daily chart downtrend trendline. Therefore it is worth a try to short this pair . Should the price shoots up and break the trendline,We no longer wants to short this pair, we shall wait and see how it goes.
Euro's last week's downfall continues, Opened up more downside room for the bears. Therefore we are joining the bears. Intraday trading plan shown on the chart.
Okay here's the plan. Long story short.... Wait for retrace back to supply zone - Entry:1.1337 SL: 1.1352 ( put some more for some wiggle room ) TP1: 1.12884 TP2: 1.12 Should Euro -0.16%choose to hit our SL, we can re-enter at a better position which is around 1.13658 SL 1.1434 ( add some more for some room to wiggle )
Potential gartly pattern spotted, goes with AB=CD . It happens to be at the Daily Chart 2618 pull back trade , and 1.58 round number area. Trade safe guys.
Still remain a bearish bias as long as 89EMA and 100EMA are not hit. DXY has once again reached 93.55 which act as a structure support (For now) As seen in the picture the RSI (7) has reached an oversold area. This is not a trade call.
As seen on the chart, the left shoulder and the top has already been formed, price has stopped at neckline. RSI(14) on H1 shows sign of fatigue. Price stopped at this neckline which is also a structure. Verdict: We might see right shoulder to form by Monday. This is not a Trade Call.
Possible Crab Pattern, Should Gold Drop from This place all the way to D. This is just for recording purpose. Not a trade call.
Possible Butterfly Pattern. Lets see how it goes.