GBP/USD has setup for a sell down to key round number psychological level. See image for key break and retest of upward sloping trend line. I will update as we go...
Short entry triggered GBP/JPY... Rejection key zone 1hr 50 ema pinned and rejection, down to 142.00
Short position setup down to key zone 6600... See r:r = 1:2
Amid the downgrade to sales beginning of the month I still like this name, especially how it is reacting around 200 EMA, good time to pick up at this low price..
Looking for some buying momentum into ripple over the next trading week. Back up to $0.38 likely on the horizon....
Chance for some sellers to get into the market? Rejection from key supply zone, once support turned resistance ....
Bull run into 1.1450 and above, will update as we go... target 1 : 1.1450 target 2 : 1.1500
See trade above for a reversal strategy on the selected pair We are over extended to the downside approaching a key long term supportive price of 72.500 We have deceleration at this point and a doji formed on the daily chart Entry Triggered @ 73.250 SL : 72.250 (100 Points) TP : 75.000 (175 Points) Please remember to only risk 1% of your trading...
Setup for a EUR/JPY long position. Entry Order : 130.4000 R/R Ratio = 1:1.43 SL: 129.3500 TP : 131.9000 I will notify if entry order is triggered in today's session...
Order ticked placed on USD/JPY for long entry at 111.552 level 1:1.8 r/r ratio SL 110.711 TP 113.00 I will update as we go.....
EUR/CHF has setup for a long position, see chart above with breakout above 1.16 and retest above 0.38 fib. TP 1.1988
EUR/CAD has pulled back in an uptrend to a resistance level of 1.5340 which is also a 0.382 fib level We have seen deceleration in price of this pair at this level and are looking for a leg higher. See image for 3;1 risk reward ratio. I will update as we go...
Getting in positions for a huge short of eur/usd down to 1.05. This sets up perfectly with the fib retracement at 38.2% back from 2008 highs now in a downtrend to 1.05 which is at least 1000 PIPs from here. Be sure to leave enough room for a pullback to 1.18 before the drop (worst case scenario) before the drop. I will update as we go...
CAd/CHF has setup for a bearish leg after a pullback in a down trend to a resistance line of 0.755. Also 0.5 & 0.618 fibs will act a resistance protection here. See short setup in photo above with SL and TP. this trade will be a 3:1 ratio. I will update as we go...
Entered short on this pair due to the pullback to trend-line in a down trend, the market created a doji (deceleration) on a daily candlestick and i have executed today on a bearish stick. Looking towards the 143.00 region. I will update as we go....
USD/JPY has setup for a short this week DXY has rejected key weekly resistance 95.00 with a bearish weekly candle, i think DXY pulls back from here before going long. JXY is also in a long term bullish channel which is near support. ENTRY: 109.500 SL : 110.280 TP : 107.867 I will update as we go....