Highreward
Santiment looking good !Not much risk in this trade ! Trendline has been held nicely !
Buy on entry 1 sell on target 1 . Then buy entry 2 and sell target 2
Not much more to say
*Trade at your own risk ! This is not financial advice !
looking to buy EURAUDMain trend is up and bearish h&s pattern formed, but If we stick with the trend we should expect higher prices to the upper channel.
Therfore i will wait price to reach the support zone and buy there after a clear reversal pattern will be formed.
If that what will happen it will tell me that h&s pattern is going to fail and price will shoot up.
Best of luck :-)
looking for a buy position on USDCADPrice stopped on support area after forming a clear bearish h&s pattern .
Well that is a great situation to look this pattern fail.
If this pattern will fail then we just got us a nice buying opportunity with low risk and high reward.
So, the plan is to buy this pair in a smaller time frame with another failing pattern...
Best of luck :-)
GBPJPY Low Risk High Reward ShortGBPJPY is bound to retest the downward channel, as it did when it broke out of the bottom last time. It is also right on the 200 4-HR SMA, which is acting as a tough resistance, as well as the supply zone.
My last short idea did hit my original stop, but I moved my stop up because I think this will be a huge move.
As always, use proper money management
GBP/USD, LONG, DAY CHART (13-JAN-2017)Note:
Now, GBP/USD is at the history low since 1994.
There is significant strong buying zone at 1.20300 level.
And the current USD strength is weaken.
Recently, there is a bullish pin bar to support the potential bullish movement as well.
We decided to long.
EP: 1.22057
SL: 1.20302
TP: 1.26834