Our Preference: Sell below 1.1800 for the target of 1.1750 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurUsd was trading in the triangle pattern, EurUsd was failure to break the lower trend line and lower trend line was formed as the major key support level and it was bounced back from 23 % Fibonacci retracement levels and so we can keep stoploss below the lower trend line and we can have buy near key support level of lower trend line and except upto key resistance levels:- which we have shown in attached image.
In Daily Chart :- EurUsd was trading in the triangle pattern, EurUsd was failure to break the lower trend line and lower trend line was formed as the major key support level and it was bounced back from 23 % Fibonacci retracement levels and so we can keep stoploss below the lower trend line and we can have buy near key support level of lower trend line and except upto key resistance levels:- which we have shown in attached image.
PIPS COUNTER - SINCE JANUARY 2013 | ||
Total Trades | Total Pips | |
EUR / USD | 1135 | 10130 |
GBP / USD | 1054 | 10550 |
USD / CHF | 907 | 8945 |
EUR / JPY | 818 | 10435 |
XAU / USD | 1156 | 207955 |
TOTAL: 248015 |
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