GBPJPY pullback before short: 1) GBBJPY need pullback before next leg to the downside --> extra confirmation if 4h candle closes above 143.00 2) 143.80 level = institutional level big liquidity 3) between 50 - 61.8 fib retracement 4) Short from there until 141.00 level Cheers, Cubefox
GBPUSD long 1) 61,8 fib rejection 2) Candlesticks showing that bears are losing power 3) Trendline break is confirmation ( 4H candle with retest ) 4) Fib extension suggests 1.3250 as long term target Cheers, Cubefox
EURUSD long 1) Inner trendline broke, waiting for the retest if it's valid to enter 2) First resistance area 1.1300-1.1325 if we can break this the path is open to 1.1500 Cheers, Cubefox
AUDJPY possible buy idea Confirmation data to enter this trade: 1) Break of counter trendline 2) break of 78.10 area with 4h candle 3) weekly timeframe ( watch out still early ) suggest a fake out --> forming bullish pin bar Tp 1: 79.00 Tp 2: 80.00 This trade is invalid if we not break the above criteria or break below 77.60 level Cheers, Cubefox
USDHF short: 1) multiple rejections on daily timeframe ( wicks ) 2) 61,8 fib retracement lines up with trendline ( 3rd touch ) 3) extra confirmation if price breaks inner trendline Watch out for 1.0100 level strong support level Open for discussions :) Cheers, Cubefox
CHFJPY Long 1) big support @ 108.50 2) Price is ranging between 108.50 - 112.00 3) candlesticks suggest exhaustion of downtrend ( 4H ) 4) Gap still needs to be filled 5) Extra confirmation if price breaks above 109.15 Always open or positive discussions! CHeers, Cubefox
First of many posts :) Enjoy! Always open for productive comments and discussions! USDCAD short: 1) Big resistance 1.3500 level 2) Retest of broken trendline 3) Gap needs to be filled Long term target 1.3250 Cheers, Cubefox