Entry: 1.43445 Stop loss: 1.43870 Target profit: 1.41167 Risk to reward: 1:5.4
Entry: 1.62336 Stop loss: 1.61789 Target profit: 1.66814 Risk to reward: 1:5.7
Entry: 0.85509 Stop loss: 0.85166 Target profit: 0.87093 Risk to reward:4.52
Entry: 1.62055 Stop loss: 1.61395 Target profit: 1.66814 Risk to reward: 1:7.37
Entry: 1.47554 Stop loss: 1.48239 Target profit: 1.44081 Risk to reward:5.48
Long @ 0.94715 Stop loss: 0.94427 Target profit: 0.97081 Risk to reward: 1:8.34
Short GBP/CHF @ 1.45375 Stop loss: 1.45827 Target profit: 1.43941
We think price is going sideways now for the next several months. If we can break out of 1.06594 we have potential for bullish USD dollar.
We are at a point of a major trend reversal. There is major support at 92.782 and in alignment with fib 618. We also have positive divergence and higher swing lows. Lets see what happens.
We have a Harmonic pattern and a head and shoulders. Break under 0.85348 prompted us to go short. Very quick position this morning before FOMC statement. Great trade!
Short GBP/USD @ 1.61026 Stop loss: 1.6144 Target profit: 1.59268 Risk/Reward: 1:4.23
Looking for a short play at 100.83. Lets see what happens.
Break out above 98.218 is very bullish. We have a AB=CD harmonic pattern setting up. Also positive divergence on MACD. Looking for potential move up to 99.658. SL: 98.077 TP: 98.983/99.658