AUD is showing signs of weakness and JPY is getting very bullish.
1) Euro has been getting very strong lately but it has to make an impulse to the downside before continuing to go up. 2) JPY is also very strong, hedge funds have been adding long positions for a while now so the move to the downside will most likely happen.
Very nice setup. Price has approached an area of previous support/resistance and is most likely to bounce to the upside. I am going to wait for the daily candle to close before going long. If the daily candle closes below the area than don/t open the trade! Use proper risk management and good luck :)
Interesting buy setup: the price is retouching support/resistance zone. RSI and Stoch are oversold. Divergence on OBV. What do you think?
Same setup as the last two. The price is retouching and rejecting the previous support/resistance zone. Stoch is oversold.
The price is retouching support/resistance zone for the third time. Divergence on OBV. What do you think?
Price made a strong impulse to the upside and almost hit previous weekly resistance (the white line). Make sure you check the bigger time frames and wait for the daily candle to close before entering this trade. Use proper risk management!
Clear divergence on OBV with Stochastics oversold. Wait for the daily candle to close before entering this trade because the price can continue to go down. Use proper risk management!
Price has approached the weekly support {the white line}. We can also see clear divergence on 4H with Stochastics oversold. It's better to wait for the price to touch the white line but I am going long right now with a small lot. Good luck!
Price has approached a strong support/resistance area and closed with a daily candle. We could expect a pull to the downside before the price will try to reach the trendline.
Price is approaching a strong support area with RSI and Stochastics oversold. Use proper risk management! "Comment", "Like" and "Follow" are appreciated!
Price approached the previous resistance. We have to wait and see whether this zone will be respected or broken before entering the market. IF IT BREAKS THE ZONE THAN I WON'T SHORT IT. What do you think?
Price has approached an uptrend line and support zone. It's very likely to make a move to the upside. Please use proper risk management! "Comment", "Like" and "Follow" are appreciated!
Price approached a very strong support/resistance zone. RSI and Stochastics are oversold. You could either get LONG RIGHT NOW with a smaller lot OR WAIT till the price touches the white line. "Comment", "Like" and "Follow" are appreciated!
Price is approaching an interesting zone where we could expect it to do down. Resisntance + Down Trend + Oversold Stochastics. "Comment", "Like" and "Follow" are appreciated!
Price didn't open with a gap so I am expecting it to go down till the previous support. "Comment", "Like" and "Follow" are appreciated! Have a good day everyone!
Price is about to hit major resistance. Don't short just yet, PLEASE wait when it touches the zone!. "Comment", "Like" and "Follow" are appreciated! Have a great day and be patient! ALSO, there is a nonfarm payroll released by the USA Burea of Labor at 13:30 GMT on FEB 07. This will affect the price so make sure you are there when it happens to monitor the price.
Price is most likely to make a push to the upside. This pair is risky right now though because of the news so be careful. "Comment", "Like" and "Follow" are appreciated! Have a good day everyone!