This is only a set up and not a signal or live order.
This trade is very similar to how the USDCHF is going to perform. We are expecting this to hit a key level of support and reject. Once we have confirmation of this we can then look to enter but as seen on from EMA this is still in a downtrend so will need to wait for this to end.
This is a potential buy set up based on the fibs i have put in place , we can see this pair reaching a important level of support which we expect to be rejected. Once this is rejected we should see price move nicely through the fibs that you see. Once this trade is at the bottom fib level we will then look to enter for a long position. Awaiting confirmation to enter
GBPCAD - BUY NOW SL: 1.72855 TP1: 1.73765 (41 PIPS) TP2: 1.74178 (82 PIPS) TP3: 1.74617 (126 PIPS
GBPNZD - BUY NOW SL: 1.90549 TP1: 1.91381 (41 PIPS) TP2: 1.91798 (83 PIPS) TP3: 1.92163 (119 PIPS)
GBPUSD - BUY NOW SL : 1.32745 TP1: 1.33391 (26 PIPS) TP2: 1.33532 ( 40 PIPS) TP3: 1.33733 (60 PIPS) If TP2 hits i would suggest leaving TP3 as an open trade with a potential extended target of 1.33982
EURUSD - SELL NOW SL: 1.18768 TP1: 1.17984 TP2: 1.17611 TP3: 1.17232 TP4: 1.16693
We are looking for a short on this pair around the 0.72881 price. SL: 0.73434 TP1: 0.72606 TP2: 0.72199 TP3: 0.71860 We would also expect this to fall further, with a long term target 0.71260
EURAUD - BUY NOW SL: 1.62096 TP1: 1.62694 (22 PIPS) TP2: 1.62971 (50 PIPS) TP3: 1.63278 (81PIPS) Total Pips: 153
USDCHF - SELL NOW SL: 0.91916 TP1: 0.91097 TP2: 0.90717 TP3: 0.90353
AWAITING CONFIRMATION TO ENTER
AWAITING CONFIRMATION TO ENTER
USDJPY - SELL SET UP price has failed to close and push above the 105.552 area which to me is a level of resistance. Rejection is clear and i would look for an enter around 105.057 depending on how the price reacts. 104 is a psychological whole number so seems like price might want to correct to that level - retest and possibly bounce to the upside if news...
EURUSD - ENTRY AT 1.18606 SL; 1.19160 TP1: 1.18130 TP2: 1.17665 TP3: 1.16989 LONG TERM: 1.16395
GBPUSD - GBP PRICE, UK JOBS DATA AND BREXIT: - UK redundancies surged in Q3 and the unemployment rate jumped in September, according to the latest labor-market data. - However, GBP/USD held its ground and EUR/GBP actually dipped. - So far, FX has largely ignored the Pfizer vaccine news, with little sign of a move from safe-havens like the US Dollar into...
GBPNZD - BUY NOW SL: 1.92518 TP1: 1.94264 TP2: 1.95160 TP3: 1.96253
EURUSD - SELL NOW SL: 1.18756 TP1: 1.17609 TP2: 1.17033 TP3: 1.6396