The price is ranging above the key level which i identified a couple weeks ago If the price breaks the HH and uses the Key level line as support, we will have a bullish trend and a new trading range If the price does not break the HH zone, it will drop and, probably, use the LL zone as support again
The last candle shows the indecision on the markets due to important reports being released from EUR and GBP Once the reports are released we will have some pretty good movements On daily we have a rise which is showing being increasingly more pressured by Sellers, so we should be careful before jumping in A good Short position would be once we have a...
As you can see on the chart, the price as no direction despite important reports having been good for the major economies in Europe We have 2 bearish trend lines, if the price breaks the 1º, we should be looking for a Long position and a retest on the 2º bearish trend line but the price in order to rise till the 2º bearish trend line as to find support of the...
The price is in a Bearish trend and with a good momentum but the momentum is now low So since the momentum is not good as the beginning of the drop, we should be looking for potential reversals The price is near a rejection zone and it's possible having a reversal or a trend continuation but we should looking for both patterns and see what will potentially happen
The price rejected the blue line which is a reversal area Since the price rejected, we should go with the trend because we had a good momentum shift Now the price is with no clear direction, once the direction is clear, go with the trend A good entry point would be the blue line if the price drops and rejects the area again
The pair is in a HH zone so we could have a trend continuation or a reversal We should watch what the pair is doing on lower time-frames such as 15 Minutes or 30 minutes If the price rises, it can reject the EMA 200 and reverse back to the rectangle zone If the price drops, it can go till the LL zone
There's no point in trading with this setup is just gambling If the pair reaches the HH zone, we should be looking for reversals or trend continuations but we probably will have a reversal but we never know If you have high volatility, the best to do would be scalping. It's safer and easiest way to secure profit without being exposed to the markets for to long...
The EU has been a risky pair in the last couple of weeks But with Scalping you can secure some profits without being exposed to the volatility of the pair Go with the trend, and the setup on the chart would be a good TP but you should have a TP accordingly to your capital and to your strategy The 1º and 2º TP are placed on a HH zone which is usually where you...
The pair was ranging in last days, breaking out during the Asian Session the HH zone despite having rejected the HH zone during the New York Session. Go with the Trend, watch out for traps and find a TP suitable for you
Breakout of the bullish trend line which indicate us the continuation of the bearish trend Go with the Trend till the next rejection zone or to a target accordingly to your strategy
In this pair we have some indecision on the markets relatable to this pair We should wait for more candle movements before taking any position on this one We should wait for a breakout of a LL zone of a breakout of the above rectangle
We just had a fakeout so the price will continue to rise probably till the HH zone above Once the price hits that area, we should wait for a momentum shift or a momentum continuation. If we have a momentum shift, the target should be the LL zone If we have a momentum continuation, the target should be the next HH zone
The price is rejecting the above zone so we can assume it will happen, soon, a momentum shift Once the momentum shift starts, we should go with the trend till the Target according to our R/R
The main trend on this pair is bearish Right now the price is doing a pullback and will retest the LL zone which just broke before continuing to drop Go with the trend once the retest is done
Wait for a retest on the bullish trend line or a rejection of the previous HH zone before jumping in with the trend This would be the most cautious strategy for this setup