Looking to buy a move up if price goes to 1.7691 or short if price goes to 1.7633. T1 60 pips and T2 120. SL is based on where price goes next either 1.7691 or 1.7633. stop to BE if T1 is hit.
Looks like the price broke the upward trend line and is currently at the structure/memory from 7/17/17. Stoch also looks like it may bounce, i will be waiting to see how we close on the daily candle and if we get a bounce will look to short (Around 1.48) or if we go lower will look to find a bounce on 4HR chart to short. (Will update with SL if i find a good place...
Apologies for the messy chart. Depending on where price goes i will go long at 1.40 at a retest of Resistance turning support (Not sure if price will get to this level) SL below the impulse move up. I also see a cypher and bat at resistance level of 1.41 so will go short there with stop above X.
Longer term i also see a short at 1.4240 (gatlley) if price moves...
DXY reacted off resistance with a good break down and a jump to .618 with good sellers there. (breakout and re-test) Also seems to be an A B C pattern to 89.45.
Will go long on EUR at current price 1.2313 seeing some good price action (nice Wick at support) Will look to take half profits around 1.2370/50. and SL is below the recent swing low 1.2280 area. (below a...
I am bullish on this pair as it is a consolidation for a up trend. so i think this would be a counter trend set up. so will be a careful with any profits. If C leg is broken then will need to reconfirm if this set up is still valid. Also 1.5770 area seems to be resistance for now.
I will put a stop order for now to short at 1.5770 with a sl at 1.5845 (X + ATR)...
Waiting to see if momentum gets the price to this area and will short. with some kind of price confirmation at that level.
(Long term i see a daily BAT looking for price to get to that level)
Price seems to have momentum to the down side to hit an area where it seems to be 2 bats so long range between .7795-.7782. Also there is a trend line and support line in that area. Will look to go long in this area with some kind of price action confirmation. stops below .7755.
I see the price jump of the .8 fib and also seeing momentum stall for the bears at support. Want to see a break out of the 132.50 and than a retest to go long.
I have a long position open on this and looking for a target of 111.00, but if price moves a bit higher i will look for price action to go short again at .7 of X-A leg.
If price action shows a reversal signal (break out wedge and retest) i will look for longs which is what i think will happen, but i will let price action decide (Currently at support from 5/11/17 and trend line from 1/15/15 , also over sold on Stoch and divergence on daily). If we go lower will look for shorts until we get to .7140 ish.(Bat)
Going to try for a long here. seeing some support with a trade line on a weekly and daily also seeing a head and shoulder pattern on the 30min time frame.
Will update targets later SL below X.
