1.Prices are below the resistance zone 2.If this resistance zone is broken then long positions could be initiated
1.Price has taken a support at 50 % retracement 2.Bullish engulfing candle near support level indicates possibility of upward move
Go long 1.Buy above .74400 2.Target is near resistance level of .74590 3.SL is low of bar next to pinbar candle which is .74350 4.Risk to reward is 50 to 190
1. Double top formation in progress 2. Good follow through bar -----GO short at 1.8690 or 1.8680 3. Take partial profit at nearest support level which is 1.8375 4 . Place SL at 1.8920 5. Risk to reward is 150 to nearly 300