GBPAUD Long -Great Risk to Reward here -Strong down trend here -ABCD Structure posible in play -FIB levels act as great targets -Only entering this at the break and close on the 1h timeframe of the blue trend line -Watching the MAs for the blue to move to the upside -Key weekly support level of 1.9400 and psychological level is important if this holds, another...
AUDJPY Currently in a strong downtrend from higher TF -Simple trendline break trade here -Rules: break and close below on at least the hourly retest of the broken area of course rejection of that area -Apply risk/reward and money management -Have a couple of targets -Jump in Happy trading!!!!!
Great opportunity here to long Euro -Bull trend -Really strong level of support here at the 0.5 fib retracement -This area is also a previous support level on a number occasions if you look left -Stops just below the 0.618 retracement -Two tweezer tops/spinning tops here where price action is now -This usually means consolidation for a move and I think potential...
Made a lot of pips from EJ shorts recently think its time to long -A bit of channel trading here currently -Holding a major monthly key level 126.90 -We have bounced of this level previously. -We have a selection of rejection here shown with long wicks -Also a "double bottom" we broke slightly lower but its the close we look at.
Were in a bullish trend here :) -This daily trendline has held for our last EA Long so I think it will hold again -ABCD Structure -FIB on here from most recent A to B wave watching the 0.618 as usual -There is some AUD news coming out later this evening to bare in mind if we get it. -So I'm looking for a good amount of rejection...some long wicks and reversal to...
-WE HAVE HIT A MAJOR MONTHLY SUPPORT LEVEL HERE -PROVIDING WE HOLD SUPPORT THIS COULD BE THE OUTCOME.. -THIS IS A GREAT RISK TO REWARD TRADE -FOR A REVERSAL OR EVEN JUST A RETRACEMENT 0.618 AREA -STOPS AS SHOWN -THE POSSIBLE "C" AREA IS A KEY LEVEL OF RESISTANCE SO WE EITHER BUMP OUT HEADS ON IT THEN INTO SHORT TRADE OR BREAK THROUGH. -IF WE HIT RES AND TURN...
EURUSD LONG -BULLISH AT THE MOMENT -WE ARE RETRACING CURRENTLY DOWN TO A MAJOR KEY LEVEL IN THE DARK BLUE/PURPLE BOX -WERE I WILL AWAIT TO SEE THE CORRECT SIGNS OF REVERSAL TO LONG -ABC AND D TO BE MADE -THIS KEY LEVEL IS BANG ON WITH FIB 0.618 RETRACEMENT -TARGET WILL BE FIB LIVE 0.27 VERY CLOSE TO WEEKLY RES OF 1.1000