NZD appears to be strong
Euro appears to be weak
Decent levels at both the the 0%
Almost close to a perfect 3XATR pullback
Moving averages nicely fanning down on the 1h and the 4h and also turning down slowly on the D
Great RR, a 170 pip Tp and a 86 pip SL
Looks good to me, i will patiently wait for the pullback, i have already placed my sell limit.
Please do not trade if it doesn't suit your trading rules/strategy.
Trade Safe! Have a nice day ahead!
Renaldo holder4 hours ago
Break Close Retest
Wait for Break close and retest of the trendline for confirmation to the down side. EJ has failed to break above the 50% pullback of the previous momentum downward. Also this level corresponds to a major daily resistance. With market sentiment in risk off mood, the bias is there to the downside to the TP of 122.400. Nice risk to reward ratio. Good luck guys.
Renaldo holder5 hours ago
Possible Naked Trade
See the instructions on the chart. Nice risk to reward ratio. MArket sentiment risk off should support this trade in term of directional bias. There is a TP2 @ 112.200 if TP1 is hit, I will be placing my SL at TP 1. Good luck
FxNovi6 hours ago
Bullish Engulfing Bar at a level of significance but not a new low.
Possibly period of risk-off is why I have gone with this.
Entry Buy Stop Order at 1.32280
Stop Loss at 1.31000
If TP1 is hit at 1.33626 move stops to break even. TP2 at 1.35000