dr_pips

dr_pips

On the daily timeframe we can see price rally back up to 1.2900+? Last time price was here was two years ago and price rallied all the way to 1.4600. With not much significance to stop price from reaching those highs again I fancy this trade. From a price action point of view I my first target would be 50 pips away as previous support can turn into new resistance!!

dr_pips

- At 16.720 i like this area because price has not been at this area for long. - Price leaves the level pretty strong, indicating alot of sell order still remain at this level. - Good Risk To Reward 3:1 minimum - Stop loss Safe at 16.860 - Price is on a downtrend (so good area to catch the drop)

dr_pips

Between 0.7596-0.7825 looks appealing for short orders and continue this long term down trend. I also spotted potential buy orders at .7200 and .7240 for any short term opportunities!!

dr_pips

Price rallied pretty strongly into an area where sellers exceeds buyers. this can be seen between 0.6672-0.6647. i fancy this pair to go back down in if not the risk to reward management is there!!! lets see how this one plays out.

dr_pips

Spotted a nice Selling area (34.21-35.37) if price reaches up to my intended selling area i am shorting due to an imbalance in price. Solid Risk to Reward Ratio helps with Risk Management and long term wealth #winning team follow my instagram @dr_pips for more price reaction

dr_pips

1.4166-1.4133 price consolidated and dropped. meaning alot of sellers sold at that area meaning a possible unfilled market orders still in that zone.... an example of this below when price on a daily TF reacted and dropped from my zone 1.4101-1.4081 so i expect the same. i will take profit at 1.38500 and i will move my stop loss into profit once it begins to...

dr_pips

1.4166-1.4133 price consolidated and dropped. meaning alot of sellers sold at that area meaning a possible unfilled market orders still in that zone.... an example of this below when price on a daily TF reacted and dropped from my zone 1.4101-1.4081 so i expect the same. i will take profit at 1.38500 and i will move my stop loss into profit once it begins to...