The pair fell to 1.46569 Level.
Some participants missed the move and would like to have a peace of a pie.
Basically one of the entries can be the breakout of the current local low, but, there is possibility that the upcoming US news will define a current low as a low for today.
I suggest to wait till the pair will move towards 50% - 61.8% Area to sell. but...
In case if the price will be holding beyond 1.0585 Level, it can be signal to go short with a stop loss above 1.0610
However it can be a false breakout.
Sell Stop order at 1.47228
Target 1.4525, I also suggest to trail.
Stop Loss above 1.4780
I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy), Sometimes I prefer not to wait till my SL is hit.
The pair is showing strength, and a possibility of continuing it's up movement towards 1.2950 is Highly possible, due to a pair's behaviour I suggest Using a limit orders to enter. The limit orders areas:
1.27737
1.27480
1.27330
The Lowest Stop Loss - 1.2730
The price has formed new high, in case of 179.139 Level breakdown, the target will be at 178.223
Not recommending to sell of the market, but watch a PA to enter short, as a Short move has been confirmed by momentum - towards the main trend direction.
As for now, the SL's above 180.176 Target 178.223
Trading currencies with no stop losses is equal of being on...
The pair's price has formed unwritten highs on a 1h chart .
The PNF gives a potential target at 123.75.
The correction can start of the 121.50 level, but is less likely, as a bullish market continues.
In case of a non-false 121.50 level breakout, the target is at 123.75 and SL below 121.100
I suggest to use a “timing” stop (Close if the price will not go in...
The pair is in a bearish mood on a daily and 4h chart.
At the moment Sell with SL above 1.0725 1st target at 1.0500 2nd at 1.0325
I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy)
P.S. Using a small stop losses in my strategy makes them triggered quite often,...
The pair has broken down the 1M Support.
The target for this move is 1.4750, However News can have an effect.
Sl's above 1.4900
I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy)
PNF, using a HC shows a reached target at 127.50
Next target is 126.25.
Because of the Yesterday's move, we can expect the congestion in the 129.00 Area. Ranging market is expected.
Consider Sell Limits above 129.00 with SL's not more then 0.25 p ant TP's at 128.50.
The pair retraced almost to 50% of the previous 4h down move. At he moment it gives selling opportunity, but the correction can take another swing, so be careful.
For now, the nearest support area is at 0.7650
at the moment for a short set up:
Sell Limit order at 0.7675
Target1: 0.765
Target2: 0.761
Stop Loss: Above 0.77
I suggest to use a “timing” stop...
The price has reached 38.2 fibo level of 4h down move, possibility to major down move continuation from here is highly possible.
Trading Idea
Short Entry
Sell market
Target 1 : 0.7570
Stop Loss: Above 0.7868
Buy Stop Sell Stop Order at
Target:
Stop Loss
I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an...
At the moment, the price retraced towards 1.0600 Area, which gives us opportunities, however, have to wait for PA confirmation, as a deeper correction is possible (Start of a London Session might be a key.)
The market is still bearish, and targeting towards the parity.
Target: 1.025
Stop Loss: > 1.0600
EURUSD is going down to parity. Due to divergence (but bear in mind - it's Friday), there is a possibility for a short term Correction, however, a Big players, are not entering against, I guess, and most of the small traders agree, that there's no point to Buy EUR at the moment, so it's Falling. Most of traders probably use market orders or stop orders to enter...
The price is still moving towards the 1M historical Low target, however, the price can U-turn at 1.4890 area, so be careful.
Short Opportunity review:
Sell Stop Order at 1.49050
Target: 1.48250
Stop Loss: 1.4940
I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy)
The price is still moving up towards the Triangle's target, however, the price stuck around 1hr local high at 121.605 area, so be careful.
Target: 121.90
Target2: 124.00
Stop Loss:<121.40
Trading Idea (in case of a Triangle break, as ABC pattern failed)
Short Entry
Sell Stop order at 1.5025
Target: 1.4950
Stop Loss: 1.5100
I suggest also use a timing stop loss, in case, if the price will not continue to go down after a level break in 8 hours, jst close the position.
The move is possible, as the price didn't have enough momentum to go up, and In...
Due to QE, the EUR is going down, the major level for EURGBP is 0.6700, where the price can get to, but however, no one has cancelled a use of SL's.
Sell Stop Set UP (short term) - 0.70600, SL above 0.70800 Target 0.7000
Sell Limit at 0.70875 Target 1 - 0.7050, Target 2 - 0.7000
The major move is down, at the moment the price is at 130.1589 level In case if the level is broken, down move continuation is possible, 1st main target is at 1.618% daily Fibonacci expansion 126.000 Stop loss above 132.000
