The downtrend has formed This pair is declining after reaching the Fibonacci Retracement (61.8) Sell now at price 114.030-114.080 SL: 114.419 TP1: 113.903 TP2: 113.716 TP3: 113.415
FX:EURUSD price touch the strong support zone, and perform bullish engulfing candle, wait for more confirmation to enttry buy
EURCHF starts an uptrend for a short time, but Im closing safely before keys/supplies
EURCAD is providing a high time frame fib retracement confirmation for a Long 400+ Pip Position Trade. Entries are stated on chart as well as in the chat. Follow The Forex Gurus for more setups. **Pending Order** EURCAD Buy Stop Entry - 1.48250 SL - 1.47000 TP1 - 1.49039 TP2 - 1.49596 TP3 - 1.50153 TP4 - 1.50842 TP5 - 1.51957 Based on H4 Time Frame Long Term Trade
Now it can be volatile time. Be ready. Its not good buy all in now. Build your position in parts. I marked important zones (support with green price line). It is good to average the price. Your emotions will be protected :)
Higher Lows are pushing into trend line resistance. Watch for a breakout at 79.164 and enter using a price action signal. EMA 10 EMA 20 are pointing up on the Weekly Chart, Daily Chart, and H4 Chart.
Lower Highs are pushing into trend line support. Wait for confirming price action signal like a pin bar for an entry. Lower Highs are present on the Daily, Weekly Chart, and H4 Chart. EMA 10 EMA 20 are pointing downwards on the time frames mentioned.
Pin Bar + Exponential Moving Average on BTCUSD H4 Chart
GBPNZD H4 A breakout of flag pattern would drive prices towards the 1.272 extension @1.95596. A breakdown of immediate support level will move prices towards the subsequent support zones.
Watch for price action signals at horizontal key levels on the H4 Chart. Wait for a pin bar candlestick or engulfing bar candlestick to form on the H4 Chart.
In Monthly, you can see current price at almost-pinbar candle shadow. But, the Low price is lower than previous, and no strong rejection at mid point of shadow. Looking at Daily pinbar break, nearest visible demand zone is at H4. At M5, you can see the rectangle I mark at supply zone. This entry idea actually late, but R:R still reasonable.
We chose to sell hard this pair because the price is hardly failing to maintain an upward move every moment it tries to do so. We target a 5R on this pair.