can be a good risk and reward ratio trading. Wait for short signals
200 MA is being tested and showing the rejection signals. Short the pair it is good risk and reward trade. put your SL a bit above 200 Ma
The strong support zone holding uptrend, time to pump it now
as the second cycle closes price needs to make a correction before it drops further with third cycle. Ps, I am not good at drawing :)
as the second cycle closes the price needs to make a correction before it drops further with the third cycle. ps: I am not good at drawing :)
Buy opportunity, good risk and reward ratio
not that risky trade, the profit and risk ratio is just great
EURJPY interesting pair to look at, did the uptrend finish its third cycle or not, we will find out
The price beautifully bounced back from the golden mean, the price may try to climb up again but the attempt creates another big opportunity to short the pair
pound is fundamentally strong but there is not much to support AUD fundamentally. Lets wait for the another rally
wait for the patter of ABCD works, concern about fundamental side of this pair. December FED may increase the rate. Green pips
Fundamentally Pound is strong because of the inflation and completed Brexit deals!
It has been a great vacation but now time to be back. AUDUSD pair has not decided its movement yet. The trend line is holding the price and also it is around psychological level 80. It is better to wait for clear signals. if it breaks it may also retest it. Please hold your horses and be prepared to catch it.
Frank has a messy price action. But seems like it has to complete the flag pattern. I will wait for more confirmation but the risk and benefit ration here is really good thats why it will be under my watch