Simply_FX_Trading

Simply_FX_Trading

GBPJPY D1 Sell: > Consolidation zone. > Will need to wait for price to reach the resistance zone, and then await for rejection. > Very fundamentally driven at the moment. > Will only enter if I see bearish price action at the resistance level. Trade Idea: > Enter: 144.050 > Stop Loss: 144.850 > Take Profit: 141.500 GBPJPY D1 Sell:...

Simply_FX_Trading

EURUSD D1 Sell: > Break out from bearish trend. > Retested the breakout area. > Consolidating around breakout support zone. > Need to see rejection from the breakout zone. > Need to see bullish price action to confirm the break isn't a fakeout. Trade Idea: > Enter: 0.66100 > Stop Loss: 0.65500 > Take Profit: 0.69100 If you are...

Simply_FX_Trading

EURUSD D1 Sell: > Break of upward trend. > Strong bearish daily candle closure. > Head and Shoulders pattern forming. > Need confirmation of the bearish breakout by a break of the marked support level. > Only enter the trade if the support level is broken. Trade Idea: > Enter: 1.10700 > Stop Loss: 1.11250 > Take Profit:...