EURUSD Daily: Last Reminescence of the Uptrend Part II

31 thg 5, 2016

Expecting a correction from here: confluence of 61,8% retracement of the uptrend since March and 1.272 extension of the last wave up from the end of April, together with the test of the uptrend line since December the 3rd and support level which has played its role previously.

The target is the zone of 0.618 which is in a tough resistance area. SL means the break of the trend line.

1 thg 6, 2016

Giao dịch đang hoạt động

1 thg 6, 2016

Giao dịch được đóng thủ công

Closed it at 1.11753 from 1.11289, as it looks like another top, price reached upper BB and resistance of downtrend line,



Waiting to reenter lower.

2 thg 6, 2016

Giao dịch đang hoạt động

2 thg 6, 2016

Giao dịch được đóng thủ công

Closed long for now, showing signsof weajness 1 hour before ECB conference.

2 thg 6, 2016

Ghi chú

2 thg 6, 2016

Giao dịch đang hoạt động

Relonged this 1h candle at 0.618 retracement, SL under previous low

2 thg 6, 2016

Ghi chú

3 thg 6, 2016

Giao dịch được đóng thủ công

London session over, 4 more hours before the weekly close and bseides that, looks like a hard region now. Will wait for correction beginning with Monday to enter for the final part of this wave.