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Here we have 2 charts of the same pairing and timeframe 1 is zoomed out so you can see how strong the support level is, and 1 is zoomed all the way in so you can see how the candles are acting around this level. We don't really need to talk about the 1st chart because it is clear as day, The 2nd chart you can see that price has really struggled to break and close...
EUR USD finally break box shown in the chart! We are in this 200 pips range since 31 of November until 11 of Fev. For this reason I have boxed this area and simple replicate for a potential target. For a entry- I want to see a retest of 1.3000 and a combination of candles showing a bearish engulfing pattern! Once we have that I do believe Eur usd will present...
EURUSD EURUSD Daily Swing Projection Outlook 15.04.2018 Taking Risk and Reward by your own management.
Trade with >70% probability: SELLclose@ 1,2262 Risk: - 33pips Profit: +17pips Profit/ Risck Ratio: +51,5% Theoric Probability: >70% Actual Probability: + 93,75% Total Gain: +468pips
We have a triple top created on the EUR with great convergence with the RSI respecting a simple resistance at around 60%. If the triple top plays out and still fits my idea after market opening this evening, there is no reason this pair cannot fall to the 1.21500 supply area and further to 1.20711 support. Although we do have to take into consideration the...
Down Channel + Triangle + Resistance Level.
Hi guys, another chance to get involved this morning comes from EURUSD. Here you can see i've drawn two different harmonic patterns (one Butterfly, one Gartley) which are going to complete at the exact same level. Two is better than one! Stops below X, targets at 382 and 618 retracement of AD leg. If you want to ask questions or share your idea, please comment...