LOOKING FOR A BREAK & CLOSE BELOW 1.63860 & ITS GAME ON. GOOD LUCK :)
Only focusing on short setups for this pair for the next week or so.
With most traders looking to buy the pair, I am still seeing a lot more down to come. Shorting this pair is my main bias although if structure gives me any setup to go long then it's exactly what Ill do. 'Trade what you see' Sell limit order set as per the daily chart. Good luck :)
Will be looking for setups to short the EURUSD again this week. I am still sticking with my forecast from 2 weeks ago & believe that we will go & make a new low. Looking for a nice correction first & then a nice strong momentum candle for the entry. Good luck :)
Opportunity for a short on the EU if we are to break out of the current flag it's making. DXY is mirroring with a bullish flag pattern, will be taking the trade with momentum, if I get triggered without momentum then I will close for a small loss & put a new sell stop in. Small term target on the photo, bigger picture is for a big move down to break the 4 hr low....
The DXY has moved as predicted, the next move I'm looking for is a nice climb although with NFP this Friday we must be aware & put stop losses to break even on any US Dollar pairs or take profits before the news release. If all goes to plan it will play out nicely with the GBPUSD setup posted at the start of the week. Click the like symbol if you agree. Good luck :)
I'm seeing a new low happening next week before the bigger move up. A very high % of retail traders are Long so the institutions will take out some stops before climbing. Nice patterns appearing for a nice opportunity to get in on the Sell. Good luck :)
Good luck. Last post from me due to having no feedback with any setups posted.
Fibs, Candle patterns, Retest, Time - Plenty of ticks in my boxes to put this down as a high probable trade to the downside. Any reasons to get short with your entry rules - Go for it. Sell stop would be the best method for entry whilst catching 'hopefully' a strong momentum candle.
Ticks in several boxes. Only looking to short this pair this week. Any opportunities that develop I will be adding whilst also taking partial profits along the way.
Another setup for continuation to the downside. Indicators on side but more importantly, price action screaming that it want's to drop some more
Looking for price to give us another pullback & show some rejection at the low's with some nice wicks & an engulfing candle to confirm the trade. Indicators showing divergence indicating loss of momentum to the downside.
Looking for a pullback followed by an engulfing candle for the entry, target may be bigger depending on how quick it falls.
Third wave on progress. A nice retrace makes sense to me with a further drop to make a new low.
Great chance to catch some easy money :D good luck