althought I am bulling on this and 1.100000 is expected soon, there should be a pullback now. Two sell orders have been set with a RRR of 2.8 - from 1.08677 RRR of 10 - from the 61.8 fib (1.08896) SL for both at 1.09000 - but you can add a few more pips - to be safer
awaiting for a breakout and continue moving higer two possible TP areas - alerts set and awaiting for pullback and confirmation
1.2160 will be retested - big lot or open it now then GBP strength + USD weakness - 7 RRR !
trade with caution - use small lot - high risk tight SL. FIBs are also ok
high risk - use small lot. long. after this consolidation and fundamentals into consideration, an upmove is expected.
in a nice descending channel - it will hopefully carry on dropping. expect LL and LH. it will take a few days but it sould reach the support area. a good 3 or even 5 RRR is expected
broke the descending channel - above the 20 EMA - short term rising to the next area expected. nice RRR. it may take a few days
it has been respecting nicely the 20 EMA and on a temporary uptrend - to reach the 1797 region we can safely open a safe and small lot trade with a tasty 3 RRR order to buy on retesting of the 1788 - SL 1786 - TP 1794
ABC pattern - currently on 2 wave. retested 1788 and got rejected - now going higher to 1796 ( the fake break out ) before starting a noticable fall. we are heading back to the 1756 region but I think it will take 2-3 weeks ( end of Dec 2022 - early Jan 2023) awaiting confirmation of the rejection of the 1794 level ( and double top) and then retracement 1797...
we broke the 0.83100 area - now coming up again to retest it - and then further down we go
still in downtrend - IF rejection of the noted 1.07500 area then we may see a retest of the 1.0500 area before moving lower. It may just keep on falling ( USD very strong now)
broke above the 1.14400 area retested it it should grow further now to 1.15200 region
2 scenarios - big drop and small drop retested the Fibs macro economics ( Christmas + Feds + etc) very good RRR ( almost 10)
pull back and then further downside movement (?) good RRR small position - tight SL - partial TP as it crosses the FIBs
after the big sharp move on Fri 29/10/21, we expect this to continue to 15,900 area. Then there should be a pullback to retest the ascending channel + 0.618 FIB We place a SELL order at 15,900 with SL at 15,940 ( 1 ATR on the 1H is 40 ) and TP 15,740 ( the 0.618 FIB retracement is 15,721 but we want to be safe ) I will be taking partial profits ( like...
NFP today I expect a massive drop ( all indices) and especially NAS100 or massive spike up :-)
trend is down but as we met previous support, now is time for a small 0.618 FIB correction to 15,000 SL 14,750 TP 15,000 now at 14,705 RRR almost 4
reached resistance zone - rejection wicks present - next is correction SL 111.800 TP 110.000 very good RRR