Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own risk with proper lot sizing and follow your own trading plan 3)Risk management is always be the top priority
MID TERM SETUP SELL Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own risk with proper lot sizing and follow your own trading plan 3)Risk management is always be the top priority
Federal Reserve announces rare cut on Tuesday night (I saw the movement when I still drawing this chart lol..) It may retest the trend line before heading upwards Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own risk with proper lot sizing and follow your own trading...
Eye on RBA CASH RATE on 4-March @ 1130am MYT Price near monthly resistant zone Sell bias on EurAud after RBA announcement EurAud likely to surge IF RBA announces 25 points of rate cut into 0.50% Stochastic at overbought region at M1,W1,D1,H4 Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author...
No major news on euro for coming week Eye on OPEC 5-March, BoC rate overnight 4-March BoC governor speech on 5-March Strong price rejection on D1 BoC rate decision likely to hold @ 1.75% Key level, if price manage to manage to break support line S1 first defence, and weekly support zone, confirmation of medium term sell trade for eurcad. BoC rate announcement...
Long term setup @ D1 For sell trade UJ Confirmation of direction when price break below weekly support zone and re-test for daily support line When daily support line becomes resistant then look for short entry @ 110.15 profit target 1 at 109.06 Profit target at 109.48 Stochastic at H4 shows sign of retest at daily support line Stochastic at D1 shows sign of...
Long term setup Price comes to resistance daily S1 Price is expecting playing around S1 Double top at H1 Entry, waiting for next candle at H4 to test the daily support for confirmation before placing sell trade
Price is expected to test on Daily S1 support at D1 H4 Price may retest the previous Daily S1 (support becomes resistant) support before heading further to south Wait for formation of next candle (H4) for entry
EU will be testing on monthly support AOV at H4 before placing a long trade for entry