EURJPY Short from resistance - +200 pip potentialWelcome back! Let me know your thoughts in the comments!
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Keylevelrejection
GBPNZD 4hours short bias at key level anticipating a fall it will be a good one! The trades i post are the ones i personally take if you follow me long term we will always be in profit as the RR ratio of my trades are set to be in profit even with 31% win ratio, as ive said in my previous posts please do take partial profit at 40 50 pips and lower your stop loss or set SL to break even.
Next Stop for GBP/USD. Watch out for this key level !GBP/USD is currently heading for the above Resistance level I have plotted on chart. Watch out for this key level. If it gets broken then chances for bulls are great but in my own opinion GBP/USD will get a strong resistance from this area and is most likely to be rejected with huge potential for Bears. Therefore my personal bias remains bearish after hitting the resistance but for now its heading towards resistance. We should decide according to price action at the resistance level. Every one out there talks about price action trading yes its the key to success but we should first know where to apply these candle stick patterns in our trading and key support resistance levels are zones where price action comes in to play for practical trading. Best of luck.
GBPNZD short setup 30min chart looking for key level rejectionGBPNZD is trading in a range now. Chart spiked up for the last hours.
If this little move up continues and comes near the 1.8300 level, we want to see a nice healthy rejection and a possible trendline created so we can short it through the lows or through the trendline break
I will keep this chart updated.