-We can see eurusd struggling to go higher above 1.07280 area and am anticipating price drop lower atleast to 1.06900 area to gain momentum to shoot up again maybe to 1.07500 area. -Will take a sell trade here to potentially take profit around 1.06900 area. -Let's see how this one goes.
-Price has broken above the resistance at 1.06650 area. Expecting it to go up to 1.07500 area. If possible price could potentially drop to 1.06800 area. -At 1.06800 if price starts to print a bullish candle on the lower TF i could take another buy and ride it to 1.07500 -Enjoy the trade.
Ok, What do i se here? -previous 4H closed bearish. Price is currently on a zone (Support could turn resistance) -A strong bearish candle has formed on the 30m tf and am anticipating for price to drop to approx 1.06200s to the support zone below. -Taking a sell trade with my stop a few pips above the zone. -Lets see how this one goes.
This could potentially constitutes a good Monday morning trade idea. -If price doesn't drop below the stop loss level i will be more than happy to take the trade in the open of London.
-Higher highs were spotted. A higher support was created at 1.06300 area and price seems to be eyeing 1.07300 area. Let's see.
-As you can see, bullish pressure on the daily chart is still high. -The next resistance seems to be at 1.07500 area. from where we can start anticipating our next move depending on price action. -We are currently holding at the 1.06800-1.06650 resistance zone which prevented further movement up on Friday close. -With the strong bullish candle close of Friday,...
-Eurusd has created a support at 1.06000 and printed a very bullish candle just before London open. -Placing my stop a few pips below the low of the bullish 4H candle in the anticipation that price wont go below it but rather continue up tp create a new high. -Right now we are seeing retracements on the 30m time frame in addition to the fact that we dont have a...
-Am seeing the market create support at 1.06120 -Placing my stops a few pips below the zone at 1.05880 -Targeting 1.06630 -Enjoy.
-Well, in this one one, -Its in the London. - We have high volumes coming in. -Momentum is high and we can expect price to reach the supply zone. -Lets see what's coming. -Enjoy.
Ok, price is consolidating quite a bit. Might be low volumes. -Watching this pair in the early opening hours of London we can say that there is a bit of hesitation to break the pair higher as the Asian market already covered the which left behind from yesterday's trading. -Technical analysis however says that the tape structure is more likely to push price...
-I have my key levels over there. -Today's trading will solely be detarmined by how the yellow zone supports price to continue upwards. -Market has already winessed a trendy asian so there is a possibility of a quick sell pressure today. -Ok. What am i saying, Ill be looking for buy signals at the yellow zone in the anticipation that it supports price to...
-This could constitute a good trade if the zone support price. -Price going in an uptrend and i dont know what more to say. -Just take the trade.
-Ok bois, here at EMKioko we just read the tape and react to it as per the data its giving off. -So we have to ask ourselves questions. what are we seeing here? What is happening to EURUSD? -When you spend enough time on the charts, you get the advantage of visualizing candles as they form, before they form & make concrete conclusions as per your understanding...
-Here are my trading levels for today. -Am anticipating continued bullish pressure today as yesterday's candle closed strongly bullish. -With my levels drawn as shown, I may take buys signals at the yellow zone in the early hours of London session. Its however a weak support so we could see price drop to the lower stronger demand zone at 1.0660/70s and from...
-Break & Retest trade? -EURUSD is trading within very violent waters that could break or make even the best of experienced traders -What do you think about the pair now? -Break and Retest or EURUSD is going to drop? -This may be the month we find out?
-Today we use a buy stop. -Here is why; -Slightly above the support created, we see a small bullish candle that acted as a liquidity candle. -Price has to close above the opening price of the liquidity candle for it to be a good signal to go up. -There are over 100 pips to the target take profit price. -Well, once again we set price targets and wait for price...
-You can see this pair may have chosen to maintain the upward momentum. -This is my perspective of the pair. -The minor resistance has to be broken then retested again to turn it to a support for price to continue up. -Well, the only signal i will be waiting for is if price breaks & retest that minor resistance for me to go long on this pair. -Enjoy.
-Price has now tapped our coveted supply zone. -All signals pointing to WAIT to see how price reacts to the zone. Will price break above the zone and tun it to a supply zone or will price reject the zone and remain a supply zone? -Those are the questions that we will need answered before jumping in the market again. -Well, lets be patient and continue reading...