FX:USDJPY ABC correction in play. Similar previous structures Will be looking for a buy opportunity next week. Stop : 110.400 TP : 113
Smart money likes to enter where there's the least amount of risk. I'm short from the 61.8% retracement Risk 2%, Reward 5% + added positions.
Daily Breakout from consolidation. Selling pressure is imminent. Waiting for another pullback to enter more shorts Here we go!
I'm looking three things. Price action around this area ( Daily Candle Closing above or below ) a clear break of the trend towards the supply pressure for confirmation. ( Breaks my red trend ) And a strong bear candle. Safe Limit order entry 0.72200
Trend correction breakout and retest of the trend line with two big bullish days. I'm Long on this one.
I will wait for a breakout push up before entering. Daily Bull candle.
Australian Dollar is near a 3 year high versus the Euro. Some weakness in the AUD will trigger the uptrend in the Euraud pair
Reversal. Just waiting on the US Dollar to Rally again.
Impulse Correcting Prices Another, Impulse. Up Trend Potential Risk 5% reward 10% Stop 138.200
Risk 5% Reward 10 % And Potentially More. This is a potential correction Sideways before another Impulse . Since It's Bullish i look to buy. But we never know 100% If I'm wrong. I loose 5% only. If i'm right i gain 10%-15%-25% depending on the additional trades i place in a trending environment. Lets See...
Let's see how Demand plays out around the known Supply Zones. Since I entered from 1.31. I decided to move my stop to break even. Impulse... Correction... Impulse ---> Correction, but where ?
Bulls are entering the Market with a clear intention. Demand sitting at 1.30 - 1.31 levels is going to shoot up the USD If i am wrong and price creates a lower low, i will be looking to sell my positions on the USD Enter : 1.31500 Take Profit : 1.36500 Stop : 1.30800
After an Impulsive Wave 3 . The US dollar Correction ( ABC Correction ) Price Tested the 1.30 Zone Where the US dollar becomes cheap again. Bulls aggressively enter the market at the 1.30 Zone. Demand picks up. Markets shifting to the North side. Risk 5%. Reward 10% Entry: 1.31 Stop: 1.29 TP: 1.37
NZD has reached a known Supply Zone. USD is Bullish. The Downtrend is back on. I am short on this pair. Stop: 0.72400 TP: 0.68400 Risk 1 Reward 3
This is an interesting one. I'm positive we're looking at a corrective A-B-C Wave. It Can also be the top of the Head, (Shoulder on the left).
Wave C is completing itself. Fibonacci Retracement is 78 Bouncing off a Daily Strong Trendline. Looking to ride it to the top and see wether it's going to push through the previous swing high. I'm Long. Stop is below the previous swing low. @ 1.30499
Price has retraced back from the previous impulse. Looking for one more up move to break the top as it is still in a uptrend. The Uptrend hasn't broken down as of yet there's no clear signs for a downside. Tight stop High Potential reward Entry : Pending Buy Stop 1.31500 Exit: 1.36500
Currently observing a correction in the making. I'm still trying to figure out what this correction is going to do. I've ruled out any major bullish impulses at this point. Looking to sell. If you look carefully inside this correction, there's an impulse to the downside which is prompting me to short it now.