long1996

long1996

Bias: Long Entry: 109.5 TP: 110/110.5 Sl: 109 Analysis: In the first 2 week of April, the price has been in consolidation range as it is undecided on its direction. The pair has shown very strong bullish momentum from Monday to Wednesday in response to positive USD released. The rise continue until Thursday where it reach the resistance at psychological level...

long1996 Updated 

Entry: 152.300 TP: 153.6 SL: 151.6 Bias: Long D: Price has previously bounced off Fib .618 (150.488), making a new higher low, signifying a potential new uptrend. Next immediate target at previous high Fib 1 (153.851). H4: EMA has crossover signifying upward movement. A Pin Bar Continuation pattern has also formed after touching & rejected off the EMA...

long1996 Updated 

Entry: 1.39750 SL: 1.40000 (25 pips) TP: 1.39000 ( 75 pips) Bias: Bearish Signal: Marubozu on H1, Unclear Pinbar reversal on H2 D: Strong bearish movement to Fib 1 (1.39182) before pullback started. Could potentially pullback to FIb .786 (1.40175). As of now the price has reached and been rejected off the psychological level of 1.40000. Look for more...

long1996 Updated 

Short Entry: 1.22850 SL: 1.23000 TP: 1.22600 Recap: Last Friday Daily candlestick has touched the fib .236 (1.22600) and been rejected as the price went up to close just below fib 0.382 (1.22900). Although the price has been rejected, but the bearish movement still have some momentum left. The news on Monday would decide whether the price will continue downwards...

long1996 Updated 

Entry: 108.250 SL: 108.100 TP: 108.500 H4: Price has broken the upward channel and briefly challenged Fib 1.414 (108.265) before being rejected. As of now, the price is hovering above Fib 1.272 (108.126) & below Fib 1.414 (108.265). If the candle closes above Fib 1.272, the price could possible continue its bullish momentum upwards to Fib 1.618 (108.464) or...

long1996 Updated 

Bias = Range Recap: Last Friday Daily Candlestick has touched the fib 1 (107.861) briefly before being rejected and close at fib .786 (107.650). The candlestick has close above the previous candlestick signifying remaining bullish momentum. H4: An upward channel can be seen as price respected the channel. Another upward movement to fib 1 (107.861) is expected as...