Short Setup on EUR/NZD Bearish Engulfing candle on 4H close. If it works out, high Risk to Reward ratio is imminent. Entry - 1.6700 Stop Loss - 1.6830 TP - 1.6447
Edit: - On chart it's " Bearish " Engulfin Candle, Not bullish Short Setup on AUD/JPY Bearish Engulfing candle on daily close. If it works out, high Risk to Reward ratio is imminent. Entry - 92.00 Stop Loss - 92.64 TP - 90.13
The bouncing back of GBP AUD has finished. It's time to take it down to 1.9737 TP with a good enough Stop loss of 2.0061 just so that another rebound doesn't occur.
A Simple long trade on AUD/USD. TP is at 0.8004 just below the previous 'Resistance' - so to speak.
Profits can be taken at both resistance points. If either breaks, look for the next stop.
On the way short of GBP/USD. The position is a go.
A good short position upcoming on the 4h chart of EUR/USD. Don't miss. Details on chart with 2 possible targets.
Details on chart. Position opens once the bar breaks the previous line with a minimal stop loss. Open - 92.97 TP - 94.00 SL - 95.56
There's a 212 Pip profit approx. and may be the SL could be higher. Let me know your thoughts people.
A simple short position with a 2.69 Risk:reward ratio