


thecurrencysniper
BIGGER PICTURE RULES ALL ON THE WEEKLY AND DAILY WE HAVE SEEN A HIGHER HIGH WITH TWO HIGHER LOWS! IF PRICE BREAKS THE DAILY CTL WE COULD POSSIBLY GO UP TO THE MONTHLY RES AND IF THAT LEVEL BREAKS FURTHER ABOVE HOWEVER ON THE H4 WE HAVE DEVELOPED LOWER HIGHS AND LOWER LOWS (HIT THE 78.6 FIB AND BOUNCED OF IT, DID NOT CLOSE BELOW IT) WHICH COULD ULTIMATELY BE A...
SHORT SHORT SHORT IS MY BIAS HOWEVER, CURRENTLY AT A KEY SUPPORT LEVEL WHERE I EXPECT PROFITS WILL BE TAKEN! PRICE IS CURRENTLY INA 4 HR RANGE AND IM EXPECTING PRICE TO PULLBACK FURTHER BEFORE WE SEE FURTHER CONTINUATION TO THE DOWNSIDE.
THIS IS THE MONTHLY CHART AND THE TARGET I HAVE SET HAS NOT BEEN REACHED YET SO I WILL BE SHORTING TILL IT REACHES THIS LEVEL 1.07
My bias for this pair is long long long. IF WE SEE A BREAKOUT AND RETEST OF THE LEVEL 1.866 WHERE ITS CURRENTLY AT I WILL BE BUYING AND SETTING MY TARGETS TOWARDS THE -61.8 FIB LEVEL. THIS COULD POSSIBLY BE A 1800 PIP MOVE SO WATCH CLOSELY
Like most EUR pairs my bias is short and this one is no different, i believe that this pair will come down to 1.34 in the coming weeks which is confluent with the -27 extension, the trend line channel support level as well as being a strong support level and a break below this could come down to the -61.8 fib extension.
My bias on this pair has been short for some time and i cant see it changing for the time being. I have already been shorting this pair and scaling in with long term tp targets in sight. I believe a break below the 1.8139 level could see this pair fall to first around the 1.3 level and a break of this could see the pair fall to 1.22 and possibly even further...
We've seem on the weekly a series of lower highs which touch the trend line resistance. The pair then breaks the trend line support retests it and falls to 0.94 where it finds strong support and we see a strong movement up retesting that trend line resistance and strongly rejecting it closing below the 61.8 fib and the 50 fib, Indicating strong selling pressure as...
ON THE DAILY TF WE CAN SEE THAT IT LOOKS AS IF THIS PAIR WANTS TO RETRACE. IF IT DOES RETRACE NEXT WEEK IT COULD POSSIBLY REJECT THE LEVEL WHICH IT GAPPED AND FALL OR REJECT THE 38.2 LEVEL BEFORE CONTINUING INTO A DOWNTREND. I WILL BE LOOKING CLOSELY FOR ENTRIES ON THIS PAIR THROUGHOUT THE WEEK. ALSO TARGETS MENTIONED IN THE PREVIOUS EURUSD POST MATCH UP WITH THIS...
EURUSD SHORTS ALL THE WAY TO 1.125 THATS WHERE MY TP'S WILL BE PLACED! WE'VE SEEN A REJECTION OF THE 61.8 RETRACEMENT ON THE MONTHLY AND EVER SINCE THEN THIS PAIR HAS BEEN FREE FALLING!
After doing some analysis on the weekly chart ive found that the double bottom from the daily chart and the targets for the double bottom match to the target of a retracement to the 38.2 fib. So the upward movement we may see in this pair may in fact be a retracement rather than a trend change. I will be going long on this pair to the 38.2 retracement after a...