New week, new opportunities.
Weekly: Up against a major high from 2013,
4 hour: Nothing
Alert: Risk to reward appears off on the daily trade.
Weekly: Great long term short with a close under 84
Daily : No Pattern
4 Hour: Entering into a short below 84.90
1 Hour: Potential double bottom at 85.125 with a target at 85. Make sure there is a close above 85
Weekly: Showing signs of a close below a Dynamic Level into a good short area.
Daily: Lower lows and lower highs with a close below 112.236
4 Hour: Showing signs of a short term pull back
Recommendation: Short below 110.4 with a target 106.7 and a stop at 115.65
Watch the Dynamic level at 107 on the weekly as a potential pullback area.
Weekly: Showing signs of a bottom or the beginning of congestion
Daily: Higher Highs and Lows
4 Hour: Long trade Entry above 1.400, 1st Target 1.4128, 2nd target 1.423
Alert: We are trading against the daily trend indicator.