The first idea, voiced last week, remains relevant. The second idea, being voiced now, can be used both independently and as a basis for achieving the goal of the first idea, but taking into account the voiced risks. The essence of the second idea is to buy an instrument at a price of 1.0935 with a stop of 30 points and closing purchases at 1.1045.
I have a hellish childish desire to buy euros at 1.089 with a stop of 30 points. I expect a slight rise of 200 points.
I dream and see the euro falling to 1.0650 and below. But to enter the position correctly, I’m waiting for the level of 1.08.
I dream of wild and unbridled sales of the instrument from 1.0595-1.06 to 1.04. I hope and believe in the further continuation of the downward trend to the level of 1.015.
I think it's time for the instrument to go for a slight correction to 1.1145. The ideal entry point would be around 1.1245. A good entry point is at 1.1135.
After the fulfillment of the target 1.820, announced last week, I expect the price to rise to the level of 1.0870. This can happen immediately in one wave, or through an intermediate correction to the level of 1.0710
I think that corrective purchases will continue next week to the level of 1.0820. Their best entry point is 1,068. However, the main direction of traffic is south.
I think about sales from a level of 1.0890 to a mark of 1.0780. Stop 30 points. May power come with you, Amen!
If the price rolls back up to the level of 1.0780, there will be a great opportunity to sell the instrument to the level of 1.0615.
I assume sales of the instrument from the mark of 132.95 to the level of 126.65. Stop at 133.25.
Yesterday, an idea was published to buy the GBP USD pair. At the moment, it is already in the works. But I specified the wrong guaranteed goal. The correct guaranteed target is 1.2485.
I think the pound is ready to buy at current prices. The best place to exit from purchases will be around 1.2570. There is a chance to support higher.
I think in the near future the last major upward impulse will take place to the target of 1.1 before the reversal to the test of the bottoms
It is likely that next week will resume buying the pair to update the extreme of 1.2450. The pair should be bought from the 1.2010 mark with the first target of 1.2160. The second goal is -1.2315, the probability of achieving it in this pulse is quite large. The third target -1.2450 has a lower probability of being reached in the current momentum.
In connection with the expiration and transition to a new contract, the numerical indicators of the idea proposed earlier are adjusted. Thus, the entry point into the descending position is moved from the 1.2350 mark to the 1.2320 mark. The stop is placed at 1.2350. The goal has been changed to 1.2 exactly.
At the moment, the pair is in a downward momentum with a target of 1, 2030. Next week, in the worst case, the pair will immediately go towards the target, or in the best case, it will go for a correction to the area of 1.2350, where it will allow itself to be sold.
The instrument is in an uptrend. At the moment, another upward momentum is developing with a target of 1.0660. The best entry point for momentum is around 1.05.
The instrument is in an upward momentum with a target of 1.0150 and higher. The best entry point to the position is at 0.9750.