AL_KhalifaFX

AL_KhalifaFX

FX:EURUSD From 04/18-04/21 or even a little longer in case the market decides to consolidate, to figure out the next move, we may see a trend change. It could be a lengthy reversal, or it could also be short. The point is: at the tangent of the ellipse, as shown on the chart with the dotted vertical lines, there will possibly be a market reaction. This is just...

AL_KhalifaFX

The price may break out the Daily Bearish Channel (false breakout), then get rejected at a major resistance level (0.67645), to head down to the fib level 0618. I expect the price to rise from the fib level to make a new high. www.tradingview.com

AL_KhalifaFX Updated 

This is my DXY outlook for the upcoming week for now. www.tradingview.com

AL_KhalifaFX

The overall trend is bearish, however, the market will move upward (forming head and shoulders) before heading for the downside. I will add more explanation/details later; this was just on the fly.

AL_KhalifaFX

Using the fib retracement, there is a Sell opportunity at 0.618 level. A possible 120 pips.

AL_KhalifaFX

FX:EURUSD A possible scenario where the price could break out to the upside and then move to the downside, respecting the overall bearish trend after all due to the US $ dominance currently in the market. Please let me your thoughts. Thanks! www.tradingview.com

AL_KhalifaFX Updated 

www.tradingview.com Price will probably react at the median of the Shiff Pitchfork and then move to the downside.

AL_KhalifaFX

www.tradingview.com if we break through the ending diagonal's resistance level, I will consider entering a long trade. I finally entered a buy trade from: 1.0703. TP1: 1.07540, TP2: 1.08100, TP3: 1.08650, TP4: 1.09230, TP5: 1.10120. SL: 1.06400