-61.8% fib still holding - Maybe retrace deeper if break 1.1800 area
- 61.8% Fib still holding - We might retrace deeper if we break 1.1800 area
I think the price will move in channel, making a bigger correction for another downmove if it retrace, look for a buy!
After went up to 1.1960 the price seems have a pullback we can see its clearly an uptrend so we're looking for a buy target 1.2000
- wait for price go lower and then buy for smaller risk
- Price broke 4HR Trendline - It is making a correction, so we expect an mpulse to upside - Long target is 800 EMA (Pink EMA line)
- Price goes up after FOMC - Now at trendline, I'm looking for sell but if the price takes off I will looking for
- Sideway movement - We expect 1 impulse to downside - Better short from higher level
- EMA act as support (green and pink line) - Price goes up after FOMC - 1st upside target is to retest the top 1.1860 - need more price action for more confirmation
- Price broke the 4H trendline - Expecting the price to retest the trendline - White line is the first target, supported by EMA 800 (pink line)
- Price went back after climbing to 1289 area - Big bearish candle, maybe can go lower this week and retest 1264 area - BUY LIMIT at 1264, small risk high reward
- 4H trend is uptrend - We have MACD divergence, so becareful - if you wanna buy, wait for breakout but I don't think it will go any higher - This pair is volatile so please manage your trade well
- 4H trend is downtrend - On 1H chart there's possibility price go to upper trendline - Definitely looking for SELL to 0.6800 area
- 4H trend is down trend - Monday we might go higher to EMA 200 (green line) - Possible up move to 50% fib - We're looking for one more trade to downside (-27%)
rising wedge pattern and good R:R goodluck