The SELL strategy has worked out so far, and we may see little lower before moving back up again. The stochastic is lower and looks as if it may turn in the coming sessions.
Strategy BUY @ 10.4150-10.4350 and place SL below 10.3350. Profit order near 10.6875.
The pair is locked in within a larger triangle, and it is difficult to determine which way we will go. The stochastic is looking neutral to positive, but considering the NOKZAR strategy, there will be more selling pressure in this pair, is my viewpoint.
Strategy SELL @ 10.6250-10.6550 and place SL above 10.7350. Profit order somewhere @ 10.4350.
The pattern resembles now an inverted false bear flag, and stochastic starts looking positive. I feel there are good reasons to see higher levels again in the coming sessions.
Strategy BUY @ 10.48550-10.5350 and place SL below 10.3875 and take profit @ 10.7550.
The pair has as well reacted to the "false bull flag pattern" conditions. we corrected lower, and likely we see further move lower in coming sessions. However, we are near support trend line suggesting we should take back the SELL position.
Strategy BUY @ 10.4350-10.4500 and place SL below 10.3875 and take profit @ 10.6550.
Unchanged view, and SL has been protected on this one. the stochastic is turning and we got the false bull flag pattern, suggesting we should correct south.
Strategy SELL @ 10.6150-10.6850 and place SL @ 10.7350 and profit order at 10.4575 now.
The pair has moved higher, and we are facing also a false bull flag pattern, plus high stochastic.
Strategy SELL @ 10.6150-10.6450 and place SL above 10.7350 and take profit @ 10.4750.
The pair indeed respected the resistance area suggest, and moved low as expected. Now I feel wait until we reach 10.3500-10.3650 again.
Strategy BUY @ 10.3500-10.3650 and place SL below 10.2950 and take profit @ 10.5500.
The pair manages well within the range, and dependent to how aggressive or conservative one wishes to threat the waters, I felt lower BUY levels, would be better based on the assumptions we observe. Now we are touching the upper levels, and now I feel its ok to try the SELL sell again.
Strategy SELL @ 10.5300-10.5600 and place SL above 10.6450 and take profit @...
The pair has been moving little higher, but its not convincing either way. I prefer to range trade it for now.
Strategy BUY @ 10.3550 area with SL below 10.2750 and profit order @ 10.4950
Strategy SELL @ 10.4950 area with SL above 10.5250 and profit order @ 10.3675.
The pair has declined as expected, and likely has little more room below 10.3500. the stochastic is not showing convincing direction, and RSI is negative, suggesting further downside potential.
It is not a short right now, as the better strategy is BUY at the right level.
Strategy BUY @ 10.3050-10.3150 and take profit near 10.4500. The SL I feel somewhere 10.2750.
Price broke resistance and found support at a demand zone. USD is getting stronger again for now. Good RR. Trend is upwards on the 4h and oversold on RSI Stoch
The pair seems to fail at the heights, and it feels we may be testing 10.3500 area in the coming sessions. Stochastic is high and this provides some warning to the validity of the current levels to hold.
Strategy SELL @ 10.4800-10.5100 and place SL @ 10.6000 and take profit @ 10.3350 for now.
The pair has been under pressure for good reasons, but as always, more severe than required. I feel the shape of the pattern may resemble "false bear flag" patter, and further low stochastic suggests careful, and the likelihood for move higher again.
Strategy BUY @ 10.1750-10.2150 and place SL @ 10.0450 and take profit @ 10.3850 for now.
