Fibs
EURUSD LONGAs seen ive already toaken a long position in this pair, however there are plenty of pips to catch before closure. i believe the pair will continue its long term move to the bullish side with TP profits already been indicated. this trade was entered using a 3 wave analysis and will be the base now for all my trading.
GBPUSD Structure based COUNTER TREND opportunity.We have double top with RSI being overbought and RSI divergence on 240m chart.
Price is at the .886 fib level with structure on Daily timaframe.
aggresive SL is within the structure provides better risk/reward.
conservative SL is above structure so there is higher win% probability.
Targets at 0.382 and 0.618 fib levels.
AUDCHF SHORT TO THE 61.80% Hi traders:
On AUDCHF, we can see the price action hit the daily resistance of 0.7735, and broke down the support trend line on the 4 chart. Waiting for a pullback to form a lower high is a good idea to short to the daily 61.80%.
Thank you for your support and feedback.
JoJo
ANOTHER SHORT OPPORTUNITY ON EURUSDHello everyone:
Just like the previous trades I posted on USD pairs and GOLD, EURUSD is also sitting on strong resistance area of 1.1900 and over extended. On the 4 hr chart, we see a clear break down from the channel, signalling the bullish momentum may be exhausted, and a pullback on the daily chart may occur on EURUSD. This week I am looking for a intraday pullback, lower high to confirm and enter a short position down to the 50.00% area, as well as a the support trend line as a target.
Thank you for your support and feedback.
JoJo