Check this out! nice formation going on here, so lets try this channel right now! 15pips Stoploss? i can risk that ! what you think?? I would love to hear your opinion about this pair!
Expectations for CHF/JPY H4, If the market opens below the closed price, it's a perfect entry for bullish pullback.
Observamos un canal, cuyo recorrido paralelo es de 400 pips, aproximadamente. Perseguimos +280 pips Entrada: 1.23765 TP1 1.25461 +160 TP2 1.26340 +250 TP3 1.26668 +280
Apologies for the late Upload, we have only just joint trading view! We entered a short position on Gold @ 1341.51 SL @ 1350.09 TP1 @ 1270.00 TP2@ 1185.00 REASON FOR THE TRADE: MN TIMEFRAME - when looking at the monthly time frame you can see a clear false breakout, which has again been replicated, the strong resistance at 1342, was showing reversal signs and...
We believe a double bottom patern will be completed. this is our analysis on this pair right now! lets see what happens!
here we will wait for a re-test before going in! if breakout is confirmed we will enter! hope to catch at least 50pips here! lets see what happens :D
We expect to see one more moviment down to touch trend line! we are looking here to achieve half target at least, 50pips! lets see what happens :D
We are looking for a trend continuation here, waiting for confirmation on that triangle pattern to breakout and enter a sell position around 0.8907 and hope for it drop 100pips. it's a dangerous trade because of news coming on NZD (wednesday) and CAD (friday). On the other hand NZD interest rate decision could launch price back to 0.8950 zone (i believe it...
We saw o huge bullish move last friday getting passed the 100pips mark. We are now waiting to see some retracement with the price correcting to its down trend. Our main target is 0.618 fibonacci lvl. After running +20pips we will modify our SL to breakeven and lets hope to see our final 100pips target hit.
Bearish Gartley on a down trending GJ BIG MOVES COMING WATCH FOR THE SHORT!!!!
I wanted to verify my views on GBPJPY as to whether or not it is truly on the uptrend. I was high yesterday so I doubted my report yesterday. But with a sober mind I can say price action is definitely bullish. Price currently is on my green 38.2 fib, which is slightly above my orange 38.2 fib. Odds are if price does not move upward it will trend sideways....
13th Feb - p=309/l=167 I expect lower lows at this point after the trend break out on the 4hr has failed. A short trade at this point is reasonable
this is a decisional point for this pair and its either up or down. Sideways market is not allowed due to the point that the market is trending and it has been consistently covering pips. This zone has less support and resistance and we do note expect any to be formed right now
This is a lottle profit but worth taking a risk as we have a good bouncing channel I expect the market to go down and obey the laws of sideways market
Long Retest Strategy: GBPNZD (Not EMA) Checklist for Long 1. Retest at support - 2. Support holds - 3. Reversal Candlestick Pattern - 4. Long lower Shadow, Short upper Body - 5. Bullish Doji - 100 pip TP based on 4-hr chart Could set TP to 50 pips for shorter timeframe (1-hr chart)
Broke the downtrend line to create higher highs and higher lows. Waiting for retrace to .618 fib level to then go long for over 100 pips.