As the dollar gains its strength we can see a bearish movements of the euro against the dollar. So we want to see a mini pullback around 1.21000 before going short and would target 1.19550. We will now wait for the next movement of the market so let's be patience.
We are still bullish on this pair. As of now the market is moving towards our set up so we will patiently waiting for the market to be around the 1h OB (order block) at 1.77550. Then if we see a rejection on the said level then we can enter for a long position then target the 4h POI (point of interest).
This pair is ranging for past few days and we are seeing a lot of liquidity on support and resistance level. So we will wait for lower timeframe to see a candlestick pattern to go short if it rejected 130.650 level. Let's be patient for the next move of the market.
Overall we are in a bearish trend. But currently the market is showing us a rejection on a support level but its highs is downtrending. So if it remains to hold that support level and break the downtrend and retested it we can enter for a quick long trade right there. Or if it breaks below we will then wait for a retest to go short.
This pair is in consolidation for how many days now. We are sitting at the support level now and showing us a bullish momentum so we need to wait for a candle close for a safer position to the market. Just a simple way to trade a ranging market is to buy at the support then sell at the resistance.
We currently trading at a support level where it touches and tested it multiple times. Based from the previous low it had a massive wick rejection and pushes to the upside. So now we are waiting for a candle close above that support level on 4h timeframe where liquidity is sitting at. We can go on lower timeframe to see a better entry position and candlestick formation.
Yesterday was a big move from this pair and right now it's moving sideways. So we are waiting for a breakout then a retest for a better position and safer trade. We are ready either way so let's be patient and wait for the next move.
Our overall bias is bullish as the dollar is showing weakness movements. So we are still patiently waiting for our setup and do not force a trade. Our 1h OB (order block) is around 1.19550 and if it rejected that our buy position would target the key level at 1.21000.
We are currently in a consolidation period so we are trading with support and resistance level. Now we want to wait and see a rejection at 1.39450 before going short but if it breaks above then our bias is will be change. If it shows rejection at the said area we would target the previous structure low at the support level which is at 1.38900.
We are patiently waiting for the price to retest our POI (point of interest) before entering for short and would target the 1h OB (order block). Wait for wick rejection or candlestick formation on our POI for more confirmation before entering a position.
We are currently trading at the support level and based from the previous data it respected it multiple times. So we can hop in for a buy on the lower timeframe and target the resistance level. Be aware of the low volatility but we will see after Tokyo session starts.
Price clearly broke the ascending channel and now would retest its previous structure high at 0.86700. Would wait for more volume at Tokyo session and see what will happen next. If it rejected the said level we would target the next structure low around 0.85850.
We are short on this pair. Wait until the price comes back at our 4h POI (point of interest) before entering short. We can enter at 1.26250 and target the 1h OB (order block) at 1.25000. For now we will wait for the NY session to see what's gonna happen next.
As we can see we are patiently waiting for the market to go to our 1h OB (order block) before going long. We will enter within our OB to target the next key level which is at 1.2100.
Our overall bias is short because on 4h it rejected the resistance level and followed by bearish momentum. But now it's currently ranging in 1h so we will wait for its next move. We can see more volume on NY session so we are ready either way. If it breaks below the structure we will wait for a retest before entering. Or if it shows rejection on the current level...
We are currently trading at the 4h POI (point of interest) or the resistance level where the market tested it multiple times. We would like to wait for more confirmation like a rejection before going short on lower timeframe and target the the 1h OB (order block) at 0.7600.
In our overall bias we are short on this pair. We would wait the market to retest our 4h POI (point of interest) before entering short to target the 1h OB (order block) at 1.77650.
Our bias for this pair is bullish. It breaks the consolidation are where liquidation is sitting. So now we would patiently wait for the market to come to our potential entry. Where it's in the 1h OB (order block) where the market started to push to the upside with a big candle meaning a larger volume of buyers kicked in. We want to retest that area to target our...