Analyze EURUSD
Just for the EURUSD pair, I went directly to TF H1 because in the other TFs I did not get a clear picture for the EU pair especially in TF Moontly, whose direction is still unclear because it is still balanced between buyers and sellers. But after I open my H1 TF, there is an overview of EURUSD movements. After I pulled the trend line from the lower low on 30 January 2019 to the closing price on Friday, it turned out that the EU was stopped at the trendline line. Then I saw there was a significant significance zone that would hinder EU movements. to go down further. So in this zone, I think it is quite interesting for us to buy directly with SL, which is slightly below the trendline line or below the Demand zone with a distance of about 18 pips. So for stop loss we can put it around the price of 1.143xx. As for the TP target we can put it around the price of 1.15027
yes rightt
congratulations for Monday, the beginning of a beautiful and good week for us to start trading ... thank God we can still breathe fresh air today and be able to do activities like the previous weeks, on the occasion earlier this week I try to share what I understand and what I looked at the market movements in the GBPJPY pair. If we turn to history one month ago after GBPJPY dropped down and then Up again until the current price is 143,152. for one full month to be an up trend, and seen from the wekly time frame, there was already an uptrend, even more beautiful if you look at the close of the candle last weekend as much as the candle, meaning the strength of the buyer dominated the previous day, for today if I see from the dayli time frame it will be clearly up for the continuation, but I am still waiting for the price to fall back to the retention area as a first step to continue up to the high two weeks ago around the price of 144,641.
The initial focus this Monday is that I wait for the price to drop to 142,595-142,060 where the price range I mentioned is the area I will look for opportunities to buy at the H1 time frame, for GPS I still use H4 and look for entry in H1 time frame. I focus on finding opportunities to buy as long as there is no breakout low support around the price of 142,053. because if you break the price of 142,053 then you must wait in the next low support area around the price of 140,307.
