I don’t normally trade this pair but I thought the setup looked nice. Overall, on the Daily TF, order flow is bearish. 4H also confirmed this bearish continuation with the market shift last week. Now price has retraced to the 0.618 fib level ready for a bearish push to target the potentially weak Swing Low. However, current market structure in the Lower...
- 4H bias is now bullish after the previous swing high was broken. - Looking for short-term shorts as the 15m is showing bearish order flow. - Just tapped into the 4H area of interest and the 1m chart is now showing a bit of bearish pressure. - Targeting a potential weak low. - Will try to short from here being mindful of targets as overall bias is still...
my personal view, copy at your own risk! lol rr: 6.something
Price rejected off weekly resistance. Daily trendline broken. Wait for bearish price action and a pullback to 1.31800 resistance level then sell.
Price rejected off weekly resistance. Wait for daily close below trendline then sell.
Potential uptrend. Double bottom completed on daily. Price bouncing off daily trendline. Wait for pullback then buy.
Price bounced off weekly support and is now in a slight uptrend. Daily candlesticks show strong buy signals. If price plays off 1hr trendline, buy after price breaks 1hr resistance. If price breaks and closes below trendline, sell towards weekly support. If its a long trade, TP1 should be 0.5 level on fib retracement.
Price broke through daily support/resistance. Broke through and closed above daily down trendline. Look for pullback to 1.13800 price with any bullish signs before long position to monthly resistance.