EURUSD

E. 5' --- Long as shown.............. SL 100+ pips lower. I will stay long during the weekend , by all means.........

JY 5' --- Closed longs at 156.96 , as said. Now short , as shown. SL at 158.40 fftb....

I kept my longs as shown. A revisit of 1.06 65 is possible on Sunday night. It will be another opportunity to add

longs. Have a happy weekend all.

price at cross roads . on good support arounds 0640, limit 0718. in the last part of the body in existing swing low , demand down 0640 to 0600 areas , may or not test demand even and in bear still but may bounce any time.! so next market open may wait for 0640 and low if play for limit play in the bounce last or new for 0718 limit! take care

Hi snprr,
I'm not in this trade, but I think moving your stop to 1.2170 could be a bit tight, given the resistance levels you've identified. It might be safer to leave some room for volatility.
Your fibo analysis looks solid. To improve it, consider using additional indicators like RSI or MACD to confirm trends and potential reversals.
Good luck with your trade!

EURUSD price action on the H4 time frame was turned sideways in the latter part of Friday after bulls pushed back a bearish move that began on Thursday. However, the technical impulse favours bears more than bulls.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)

Trades for the night

Eurusd I expect a Bullish Move Short Term. This is not a Signal with no obligation to follow. However you can check the accuracy later. If trade goes wrong I have my own setup and If it goes very wrong Hedge a component is there for the rescue plan.

Here is the Trade Setup Eurusd:


Targets could range from 1.07500 - 1.07800 and above

Long with SL at 1.07 00 ----- Targets as TOPCLASH says...........

E. and BP 5' --- Closed longs here, NOW

JY 15' --- Long here wth SL as shown...........

E. 5' --- Long here,too.

Eurusd follow up

Trade has been Closed

Short Initiated. Below is the Screenshot of the Setup:



Target 1.06500 - 1.06700

Update on the Trade Above

Short is Closed with a Small Profit



Long Trade for Eurusd is in place with Target:

I close my longs here , NOW

E. and BP 5' --- Reversed to short , as shown..............

E. and BP 5' --- My short in BP is stoped. In E. not

Watching........

Update for the Trade again

Its little tricky when Eurusd and Gbpusd decouple. Meaning a move on Eurgbp is on cards. I have a Bullish Outlook for Gbpusd and Current Bearish outlook for now upto next 4 Hr for Eurusd.

The Long Trade is closed for a small profit.



Short Trade On with Target As:



The slow hours before numerically mitigated the Upmove however it is still possible. Watchout for the Update.

JY 5' --- Was stoped but reentered soonafter as shown............... SL at BE .............

Don't know what it wiil do...............I am short as shown with SL at 1.07 63