dharma_fx

dharma_fx Updated 

reasons for long 38.2 fib + third touch SL under 68.1fib TP just below previous high

dharma_fx

Reasons for long: 38.2fib + break/retest of the TL + third touch of trend line. SL: under the 61.8 fib TP: next strong resistance

dharma_fx

strong key level + 4 hour 200 ema, and daily 50 ema

dharma_fx

strong weekly resistance + third touch

dharma_fx

reasons for long: 3th touch of trend line + key level + 61.8 fib retracement

dharma_fx

Reasons for short: third touch of a trend line + key level + 61.8%fib SL just above the 75% fib TP just above previous low

dharma_fx

Reasons for short: key level + third touch of trend line SL just above the key level TP just above the previous low

dharma_fx Updated 

Reasons for long: third touch tl + 61.8 fib on 4 hour chart + 38.2 on daily chart + 4hour 50 ema TP Just below previous highs SL just below the 75%fib

dharma_fx

reasons for long strong support/ resistance level + 3th touch of a trend line SL under last low TP on the 38.2% fib

dharma_fx

Reasons for sell: 4 hour 200 ema + test of the new channel + big 68.1 fib retracement SL Above next resistance

dharma_fx

break/retest of the 4 hour 50 ema and trend line + 38.2%fib TP at 100% fib extention SL at 75%fib retracement

dharma_fx

Reasons for long: third touch trend line + 4H 200 ema + 61.8%fib retracement+ horizontal support level TP under next resistance SL under last low

dharma_fx

reasons for long; Break/retest of the trend line + 38.2fib retracement+ inverse head and shoulder formation TP under the 4H 200 EMA SL under the 68.1 retracement Risk for trade: news for euro tomorrow

dharma_fx

reasons for trade: horizontal resistance is a weekly 38.2 fib retracement and the trendline is from a monthly channel if it breaks these 2 levels there is still a third touch of the trendline above wher PA could reverse from SL just above previous high TP just above horizonal support

dharma_fx

reasons for long: Holding support and trend line very well TP is below previous high SL below 4 hour 200 EMA risks: PA might reject the 4 hour 50 EMA more strong then the support + trend line

dharma_fx

CADJPY long reasons for long: PA broke straight trough strong resistance level making my sell hit SL previous resistance will now be support, therefore taking the buy from the key level also the key level nicely aligns with the 4 hour 50 and 20 ema. TP is just below previous high SL just below the 68.1%fib Risks of trade: pa might continiue upwards, which will...

dharma_fx

A buy on the 3th touch of a trend line, just like the one uploaded yesterday. Same principles apply as to that trade. Only difference is that it is a few pips higher.

dharma_fx

PA is appoaching a strong resistance level, which lines up with a 3th touch of a trend line. SL is placed just above next resistance level TP is places just above previous low + 4hour 50EMA Risks of trade: Market is favouring the upside, so the trade is agains the trend, therefore can't target to far down.