EURJPY – Jpy currency is still in weakness, while buyers might pEURJPY – Jpy currency is still in weakness, while buyers might push higher
Trend: Strong Buy
Support/Resistance:
R4: 122.163
R3: 121.717
R2: 121.381
R1: 121.069
S1: 120.400
Price action:
Buyers might continue this trend after they break and hold above first resistance, if they're enough strong. First hard and slow target is at 121.381 level. If buyers will go forward, then trending way will follow buyers power.
Potencial trade idea:
Bulls targets:
T1: 121.381
T2: 121.717
T3: 122.163
NOTE – We are trading EURJPY via the preferred trading setups by EliteFxAcademy
MP4
AUDCHF – Buyers getting stronger (waiting for news)AUDCHF – Buyers getting stronger (waiting for news)
Trend:Strong Buy
Support/Resistance:
R3: 0.68791
R2: 0.68502
R1: 0.68292
S1: 0.68205
S2: 0.68006
Price action:
Buyers are ready to break higher by showing strong momentum. Till the news are not reliased, we can't know the next move in any way (recommended).
Potencial trade idea:
Bulls targets:
T1: 0.68502
T2: 0.68791
NOTE – We are trading AUDCHF via the preferred trading setups by EliteFxAcademy
Buyers starts fadingEur gbp shows buyers are not prepared for breaking through 0.8772 yet
As you see I like to trade my signals on 1 SL : 2 Target. This is one of the best strategies, easy to use and I have my risk in control all the time.
Everyone can use my strategie, carefull traders, traders by using risk management 1%, and ''greedy traders (lol)''.
Enjoy watching
Martin Mohar