Spudgu365

Spudgu365

rejecting wicks, possible downtrend pending

Spudgu365 Updated 

Support appairs to be showing weaken at 68.73, good place for short, currently in 150+ pips in so far

Spudgu365

Selling, coming back to previous lows at 0.382 fib retracement we could see breaks to lower breaking support levels, We could see shorts trades at, 0.59100 0.58800 0.58400 0.58000 Always good risk management.

Spudgu365 Updated 

140 or so pips in this current trade, Bad report data for AUD (job loss) overall economy is suffering etc. Possible other entry points on this for more shorts ranging down further to the 67.600 area. Trade at your own risk as always

Spudgu365

TP 1 has been hit, two more possible targets await.

Spudgu365

another update on the long sell I posted last week, two possible entrys, first is off the 50% retracment. Pound is coming back to play, eu is due to have more of an impact due to virus + Pound investing more on stocks and bonds but inevitably impacting the currency as a whole. Trade safe and Trade at your own risk still! Happy hunting for next week.

Spudgu365

Currently 129+ pips in this sell off, other pull back opportunities to jump in if you are looking to join in on short sells offs. The Bank said it would increase its purchases of government and investment grade corporate bonds by 200 billion pounds ($230 billion) to 645 billion pounds.

Spudgu365

short

Spudgu365

6 different tp depending on the swing/power

Spudgu365

excuse my simple messy chart, buying on the reversal to a pervious structure.

Spudgu365

looks to have formed and now dripping, 2 tp are labeled

Spudgu365

bat forming waiting on D point to form

Spudgu365

waiting for entry to the downside to my 2 TP targets

Spudgu365

pattern just broke so possible swing to the upside

Spudgu365

news on loonie providing that it is still on an uptrend

Spudgu365

regardless of slight pull back on Friday the overall direction is a buy, depending on soon news up is the way going.!

Spudgu365

possible buy depending news

Spudgu365

buy long