Good morning. In general, the intermediate-term price trend is down. This condition based on downtrend move in the weekly time frame. Last week price retest resistance 0.9112 and fail to break. Sell opportunity will be taken in the H4 supply area when price retests this area.
Good morning. In general, the price trend in the intermediate-term is down. This condition based on downtrend move in the Weekly time frame. The price rejects in Weekly supply area 109.17 - 110.10 and this looks like uptrend channel in the Daily time frame. Sell opportunity will be taken in the H4 supply area when the price retest this area.
Waiting for the entry area in the upper limit of the triangle pattern. Entry Area: 0.9740 – 0.9780 Estimated Risk: 20 – 40 pips
Sell : 1.8097 Stoploss : 1.1027 Take Profit: 1.0780 - 1.0700 See today's candlestick.
Daily bullish confirm, h4 for entry. Buy: 1.1683 Stoploss: 1.1646 Take Profit: 1.1720 - 1.1760
Triangle pattern in weekly chart, flag pattern correction in daily. Buy: 1294.50 Stoploss: 1281.74 Take profit: 1307.00 - 1321.00 Note: see daily close price for confirmation
Entry: 1.23252 Stoploss: 1.23530 Take Profit: 1.22918 - 1.22550 Note: see today's close price
Entry: 1.23601 Stoploss: 1.24533 Take Profit: 1.22902 - 1.22103 Note: see today's close price.
Entry: 1323.45 Stoploss: 1329.52 Take Profit: 1315.40 - 1307.36 Note: See today's close price.
Entry: 1.2390 Stoploss: 1.2455 Take Profit: 1.2329 - 1.2274 Note: See today's close price.
Entry : 1350.58 SL : 1363.64 TP : 1326.73 Note : See today's close price.
Entry : 1.24434 SL : 1.25758 TP : 1.20848 Note: See today's close price.
Entry : 1.4145 SL : 1.4045 TP : 1.3926-1.3784 Note: see today's close price.
The wave still on the way down. Just follow with the trend.
Nice pattern, wait and see for confirmation bearish continues.
Waiting pullback for better risk.. Have a nice trading!