kiosarwin

kiosarwin

Sell idea

kiosarwin

Short

kiosarwin

It seems trend has changed.

kiosarwin

A rising wedge has been formed and it will likely to drop to its previous low. Always pay attention to its Point of Control level.

kiosarwin

It seems we have a strong resistent at 6050. I will wait to short there for just small profit.

kiosarwin

If you are a long term investor, I don't think you should enter now. Price action looks neat and I expect to enter long at 8915 (LH) and close it at 9000, 9200, 9500. Let me know what you think in the comments.

kiosarwin Updated 

This is H1 timeframe and I only consider this setup to day trade. There are two possible pattern to form, which are inverted H&S and Wave 5 pointing down as you can see in my chart.

kiosarwin

Price has bounced from resistant area and I am looking for opportunities to buy it.

kiosarwin

There are two possibilities on EURUSD. It can follow the channel or break the resistance to form inverted Head & Shoulder.

kiosarwin

I think it will drop considering Europe is currently threatened by coronavirus.

kiosarwin

I think the price will continue rising.

kiosarwin

I think it is safe here to sell for short term.

kiosarwin

I am looking for opportunities to buy GBPUSD

kiosarwin

This is just based on fib golden ratio at fib 61.8 level.