Sorry for the double posting here guys but I'd like to attach two more charts that looked interesting to me.
Hopefully Mike will see this post and recall that I talked to him about EURCHF and now it seems like a good trade.
EURCHF Chart:
Looks to me like there is some buying power there. We have a BUOB sitting perfectly at fib retracement plus a couple other rather small bars (compared to the BUOB) showing indecision(?).
Plus I saw a PPZ at 1.33 marked with red.
The first trouble area I see ahead of the trade is a PPZ at 1.35. Other than that it's 400 pips up to last major high.
Is this reasonable?
EURJPY Chart:
Nice pinbar showing good buying power here aswell. Sitting on nice support from previous bars at 112.00.
Also at fib retracement and PPZ at 112.
First trouble area 114.
Just looking to learn guys, all comments are more than welcome!
Thank you. Hope you all have a great trading week.
Hopefully Mike will see this post and recall that I talked to him about EURCHF and now it seems like a good trade.
EURCHF Chart:
Looks to me like there is some buying power there. We have a BUOB sitting perfectly at fib retracement plus a couple other rather small bars (compared to the BUOB) showing indecision(?).
Plus I saw a PPZ at 1.33 marked with red.
The first trouble area I see ahead of the trade is a PPZ at 1.35. Other than that it's 400 pips up to last major high.
Is this reasonable?
EURJPY Chart:
Nice pinbar showing good buying power here aswell. Sitting on nice support from previous bars at 112.00.
Also at fib retracement and PPZ at 112.
First trouble area 114.
Just looking to learn guys, all comments are more than welcome!
Thank you. Hope you all have a great trading week.