Hello Fellas, The pair is still ranging in 60 pips. there is no clear direction on the pair. A break above 1.0690 would trigger 1.0733 then 1.0766 & 1.0799. on the flip side next support lies at 1.0620,1.0600,1.0590. Trade at the breakout of the falling wedge & the resistance trend line & confirming it with the RSI & the Bollinger band. Note: Everything works...
HELLO DEAR TRADERS, WELCOME TO GROWING FOREX , (TRY CREATING POCKETS). AS YOU ALL KNOW WE ARE IN THE CORRECTION ZONE FOR EUR/USD -0.14% ,PROBABLY THE DATA FROM THE US SUPPORTS THE CURRENT SCENARIO OF THE ECONOMY.ACCORDING TO THE ELLIOTT WAVE THEORY YOU GUYS CAN HAVE A LOOK ON THE COMPLETION OF SMALLER WAVE (i) & (ii) THIS SIGNALS THAT WAVE THREE IS UNDER...
AS PER BULLISH CYPHER EURUSD MOVED AT AN OVERSOLD CONDITION THATS MEANS BUYER IN THE MARKET AND SELLER OUT OF THE MARKET. OTHER REASON MAY BE RISING IN PAIR BECAUSE OF NEGATIVE DATA OF CAPATIAL UTILIZATION AND INDUSTRIAL PRODUCTION. CURRENT PRICE IS ENTRY POINT TARGET -1.0630 1.0740 1.0870
------------------------------------------------------------------------------------------------------------------------------ PATTERNS/CHANNELS. ------------------------------------------------------------------------------------------------------------------------------ >BEARISH GARTLEY. >RISING WEDGE. >ASCENDING...
PATTERNS/CHANNELS. ------------------------------------------------------------------------------------------------------------------------------ >PRICE INSIDE BROAD BULLISH CHANNEL. >FALLING WEDGE INSIDE BROAD BULLISH CHANNEL. >BULLISH ABCD PATTERN INSIDE FALLING WEDGE. >BIG HEAD & SHOULDER PATTERN. >SMALL HEAD & SHOULDER...
AS PER BULLISH BAT TARGET POINT WILL BE 1.0710 RETRACEMENT LEVEL 38.2% 1.0730 RETRACEMENT LEVEL 50.0%( MOST APPROACHABLE) 1.0750 RETRACEMENT LEVEL 61.8% FOR THE TIME BEING, WE WILL WAIT FOR OCCURENCE OF OTHER PATTERN AS I MENTIONED IN MY CHART.