Binary Trading Journal

Here we have a daily g/u
Price is having a hard time going down. Price needs to break 1.6113 & with a solid break we might be looking for 1.5805. Price needs to stay above 1.6113 to target 1.6350 area going up.

Price on g/u is below the 20 50 100 & 200 sma so bias is bearish. On the weekly chart if price goes down it could target 1.5865 were the 50 sma is at right now on the weekly.

Here we have a weekly e/u. Price seems to be heading towards the 1.3850 area were the 200 sma is at. Further downside would target major support at 1.3670 area. Any bullish momentum must break 1.4100 which is were the 50 sma is at & any further upside would need to break 1.4160 to then target 1.4400

I see some strong S at 1.3630 at the 0.786 fib for this daily chart e/u so i will buy 2 contracts risk 168-32 for this to stay above 1.3620