Buy limit at the CTL possible retrace- high value support -Target last psychological resistance -Price is moving between the 4H Chart Pattern, see several touches and retrace -We got and nice Psychological support are at 1.456, price could fall back at it - Buy Limit order is place at 1.459 where a lot of buying pressure comes in SL is 40 pips far away TP is...
Break out of the consolidation phase & CTL support Next possible target is the weekly CTL
4H After price touch and retest our psychological zone a lot of buyers push the markets upwards If price can break our speed CTL we might see and continue of bullish momentum if we touch and retest the CTL we might see an pullback before going straight upwards at 1.14120
Daily Break of CTL price retested Tendency downwards to the weekly support area Price moving below EMA extra conformation
4H Euro looks very bearish last couple of weeks, but ain't broke the decending resistance channel yet Price form an nice chart pattern right now, i placed an sell limit order on the CTL with an R/R of 3:1 However its good to be patience first on this market structure
4H Possible movement back to the key level at 143.750 Break of CTL as extra conformation we take our dynamic Support & resistance EMA Might see an little pullback on the 50% ratio
4H After price touch our CTL we got an nice pattern formation open a short position while price make a nice pullback with a R/R of 3:1
4H After the price breaks out of the pattern we open an Buy position holding since 02/April We got very strong bullish momentum, which we possible can hit our target on the psychological resistance zone If the price breaks below the Speed support line and confirmed we might see an pullback back to the 50% ratio
4H Awaiting an breakout tendency downwards to the weekly zone possible buy opportunity than price don't break the zone R/R 3:1
4H Eu continue to move downward and are just before touching the weekly zone at 1.130 On 1H tf we can see that the price are breaking out of the consolidation and continue the downtrend However, waiting for an break & retest
4H Price makes a pullback on the daily we place a buy limit order if we get triggered, we might got good momentum from the buyers that came in on the 68.2% ratio
4H Price form a long down shadow candle pattern sellers are pressing down the price, their buyer get in and push the price higher Also we got an nice retest on the 61.8% ratio that gives us an good momentum to reach the important psychological zone at 1.460-1.480 Place a long position with a R/R of 3:1
4H Break out of the consolidation box downward movement until touch of 38.2% ratio after retest possible buy opportunity R/R of 4:1
4H Everything you need is in the Chart After price show us a Evening star pattern. & Retest on dynamic resistance level, break of Psychological zone at 1.148/1.146 Price continues downwards. After price retest on 61.8% ratio, we got a good sign that the price got good momentum to moving down to the Weekly zone at 1.130 Tendency: downwards Extra...
Daily Price falling back to the 38.0% ratio awaiting a retest on psychological zone at 0.6743 their buyers take over the markets Price action shows a nice bullish engulfing pattern Possible gives us a good momentum to moves the price upwards, target is 0.6840
Good Monday Trader, after testing the psychological zone at 107.670 we got a good momentum to reach the next high at 111.390 before continue the trend to the weekly resistance zone at 114.0
Daily Price retest on 1.14670 support level tight stop loss 1/3 risk ratio
Daily awaiting an break or retracement