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AUDJPY / BUY TRADE SETUP!!Ill be monitoring price around the highlighted zone (91.650) early next week to see how price reacts. We should see a bounce at the least which ill be taking long trades to give myself the opportunity to hopefully see price return to the resistance of 95.700. On the daily you can see we have already had one rejection from this support zone, so a nice morning star formation on the daily would be a good indication to take entry's! As always trade smart risk appropriately!!
Long
by jamison_fx
3
GBPCHF Long Trade SetupA bullish opportunity recently presented itself on the pound-swissy trading chart. This follows from the bullish engulfing candlestick pattern which printed just above the 1.11000 psychological level. A stop loss below the 1.10500 psychological level and a profit target anywhere between your entry and the swing high of 1.17791 could give you a reward-to-risk ratio as high as 4 or even higher. Be sure to size your position based on your trading account balance and apply other risk management measures before placing trades. FX:GBPCHF Stay frosty! Your FX Plug
Long
by charles-okoukoni
EURAUD finally time for some buys!!Price just starting to dig into a nice area of support down at 1.450. On the daily here you can see the nice short position I'm now looking at hedging my last little remained of the trade to now look at buys. A few more candles on the daily to confirm that this level is going to once again show support then ill be entering long term buys with a 50% take profit at the first trend retracement level. Hope everyone is doing well and I will be more active very soon!
Long
by jamison_fx
EURUSD where and when to buy UPDATESStill holding that long bias after another bit of a slow week last week, price like I expected pushed back into consolidation zone and made another rejection towards the end of the week. I want to see price clear the resistance area of 1.13500 and form a more obvious trend, but again early in the week ill be looking for a retracement from Fridays impulsive move up to continue in a better bullish structure. I will update if I enter positions.
Long
by jamison_fx