The pair is respecting the 61.8 Fibonacci level, with a resistance right above, creating a lower high. TP is the 127.2 Fibonaccci extension zone for a fantastic R:R
Nice fibonacci rejection at the 61.8% should see retest of lows
Very straight forward idea, high probability success rate Trade with caution
Trend line broken, looking for a 50 pip drop, with a SL above the trend resistance! Good luck to all and thank you for viewing my idea :)
Pretty straight forward idea given the strong trend rejection. Good luck to all! SL is a close above resistance. TP is 100+ pips Thank you everyone :)
Lower highs, lower lows, respected trend line. Good luck
You can obviously note the 3 bearish engulfings which have pointed this pair down
2 bearish engulfings formed within 10 candles, should see 20 pip drop before US news
Simple, SL above engulfing high, TP at blue line
Looking for a fall to previous resistance, which is a theoretical support. risking 10 pips for make ~35
Trendline broke, easy trade. TP1 is blue line at 1.48544, TP2 is 1.48098 Good Luck
Very simple trade, TP1 is structure low, TP2 is the lower support
Look at almost any chart, gaps always fill. Market digested French elections, seeing more bearish price action with this pair. If highs are breached, I will be looking for another good setup. Currently there is a bearish candlestick setup, which will push this lower in my opinion.
Right off support around 115.900, EURJPY is ready to retrace on the daily chart. 1st TP is the .382 fib at 117.660, 2nd at the .5 fib, and final at the .618 fib. I'm trading a larger size since the stop will be about 20-30 pips on this for me, good luck everyone!
Pair broke acceleration supports, should be a nice fall to the main trend support, I believe this support will end up breaking, UJ also starting to look bullish again for those of you who know that XAUUSD and UJ basically trade opposite each other... Good Luck TP - 1249 SL 1257.50