EUR / USD pair

To open long positions for EUR/USD pair, you need:

The pressure on the euro is slowing down and trading above the level of 1.1919. Traders can count on the continued growth with the update 1.1967. The formation of a false breakout at 1.1919 will be an additional signal to increase long positions in euros, and consolidation at 1.1967 will lead to testing the resistance level of 1.2003, where fixing profits are recommended. In case of a decline below 1.1919, it is advised to pay attention to long positions after the reduction to the support area of 1.1866.

To open short positions for EUR/USD pair, you need:

Only a consolidation below 1.1919 or the formation of a false breakdown at 1.1967 will serve as a good signal to increase short positions in euros with the first goal of reaching the level of 1.1866 and the main purpose of testing the support at 1.1830, where fixing profits are recommended. If the euro rises above 1.1967 during the first half of the day, it is possible to seek short positions after reaching the level of 1.2003.

GBP / USD pair

To open long positions for GBP/USD pair, you need:

It is best to consider long positions on the pound after breaking through and consolidating above 1.3539 or after updating yesterday's low and the formation of a false breakout at 1.3496. The main goal of buyers will be to return to the upper limit of the channel at 1.3581. In the case of a larger decline of the pound in the morning, traders should look for purchases at a rebound of 1.3453.

To open short positions for GBP/USD pair, you need:

Forming a false breakout at 1.3539 will be the first signal to sell the pound. Fastening below the level of 1.3496 will serve as an additional signal to increase short positions in the pound with the main goal of decline to 1.3453, although this can only happen with a repeat test of this range during the day. If the pound rises above the level of 1.3539 in the morning, opening short positions in the GBP/USD pair is recommended only for a rebound from 1.3581.

Fears of indicators

• MA (average sliding) 50 days - yellow
• MA (average sliding) 30 days - green
• MACD: fast EMA 12, slow EMA 26, SMA 9
• Bollinger Bands 20

To familiarize with the basic concepts and the general rules of my TS is possible here.