EURUSD, Short ahead of US Interest Rate!Shorting the EURUSD, let's see what happens!
ENTRY SELL: 1.1245
TP 1: 1.1220
TP2: 1.1160
TP3: 1.1100
TP4: 1.1055
STOP: 1.1280
RR: 1:6 (30 pip risk: 190 pip reward)
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USDCHF, 1:5 RR, Swing Short Potential In this analysis, we can see that the #USDCHF is rejecting the upper trend line. After consolidating for a few days around this resistance zone (1.0200-1.0230) I am expecting the 3rd rejection off this region with a daily closure under 1.0200 where then we should see a bearish wave downwards in the coming days, weeks. The DXY has also posted a very strong push above the 98.00 level, I am expecting a pullback before any continued movement upwards with USD/xxx pairs.
Short USDCHF
Type: Swing Trade
Sell: 1.0210
TP1: 1.0160
TP2: 1.0120
TP3: 1.0070
TP4: 1.0000
Stop Loss: 1.02400
RR: 1:5
(40 pip risk, 200 pip reward)
Please keep note that Forex is a very volatile market and literally anything can happen at any moment, the trade signals provided here are suggestions only*
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USD/JPY LONG TERM HOLD! CUP & HANDLE FORMATION FINALLY BROKE OUTHello everyone,
In this tech analysis I see a long term cup and handle formation that has finally broke out.
We need to pullback to our new found support (highlighted in green) and I will size in for a long to 115.25 and beyond, looking for an easy 200 pip+ long term play.
What do you guys think?
Entry: 113.00
Stop: 111.75
TP1: 114.00
TP2: 115.25
TP3: 118.50
#USDJPY
#CupandHandle
#TechnicalAnalysis
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