I see the market playing between the 128.000 and 129.000 level for the rest of the year. This is a 100 pip range, probably going to offer three or 4 more opportunities before the market moves to the north side. ECB expected to start the rate hike cycle from next summer so we should see the market begin to price these expectations in. For now the market is just...
Market pulled back to mirror level, we are likely to see this pair drop down to 126.800 or down to 125.500 to complete the AB=CD pattern on the daily time frame
Second leg due, AB=CD Market retraced to the 50% FIB level, Should market break the trend line this should signal a short position to complete the CD leg. 50 likes and i'll update this position as it unfolds
Market reached a good supply and demand zone. Market had an attempt to break out but failed to remain above the 113.000 zone. Will open a sell at the retest of the 113.000 zone SL:113.400 TP1: 112.200 TP2:111.800
Market failed to break the 1.51100 Level Resistance, we saw the sellers come in strongly in the late hours of Friday. We might see a retest of the 1.51100 level before retracing by 50%, to the support level at 1.50200. Should the market pull back to the 1.51100 area I will go short. SL: 1.51400 do account for spread on your account TP: 1.50200 What do you think?
Double bottom waiting for confirmation A break above the 147.700 level Will open a target for 148.300 A good entry price for less risk will be 147.550 Otherwise after H1 break wait for pull back to 147.700 and go long. SL for both setups is 147.350 Tp for both entries : 148.300 Whats your take on this?
*Price breaks gab open *Price break and holds above the 1.50500 resistance. *Previous resistance becomes support. *Second wave about to commence. Good stop loss will be bellow 1.49700((70 pips) Reason being its hidden behind the gab and previous wicks from previous structures(confluence) Enter anywhere bellow 1.150400 Good entry will be at 1.150100 Sl:...