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Rangetrading

Sell USDJPY From Top Of RangeHi @FollowMyForex traders, We're selling USDJPY from the top of this clearly defined range. As long as price remains between these two zones the range is still intact, however we do have a bearish bias on this market. Therefore we favor selling and specifically selling from the top of this range. If the top of the range holds and moves back doww, it can gain us another nice +35 pips in the beginning of this week. Updates to follow, trade safe.
Short
by FollowMyForex
2
EURUSD Range Market SellsAn obvious setup during a range bound market. We can see here that price has created a strong range between 1.09858 and 1.07798, and this is clear on my chart. As you can see, price is now at the resistance in this range and we can see a nice reversal pattern. Now, if price decides to move higher, then we would look for a solid break through of the resistance (1.09858) a retest of this resistance, initially turning to the new support and thenwe would enter for Longs. For now thought, Let's see how this plays out. EURUSD SELL Price: 1.09620 SL: 1.10183 TP: 1.07798 Risk to Reward Ratio - 1:3
Short
by Mkforbes_fx
GOLD: Eliot wave analysis on triangle pattern & retest strategyGOLD: Eliot wave analysis on triangle pattern & retest strategy Here is another strong and clear confirmation for GOLD Long. Technical indicators are more in the upward side after the rejection after retesting the uptrend of the local triangle pattern (It is a reccurence over the hole week as u see in the chart, and that reflects the buyers intention...) SHORT-term analysis (1H time-frame) : GOLD seems to be ranging in the area of 1693 and 1698 waiting for volume to go up very horribly (That is always realized in the morning from 6AM GMT to 16PM GMT) First Target: 1710 , once this résistance is broke the next level is 1720.
TVC:GOLDLong
by MarjaniFX
4
AUSSIE YEN Top of the range!!!Short the Aussie Yen at the top of this range provides a fantastic risk:reward!! If it forms a swing high, this is a beautiful technical setup. Top of the range, breakdown of support only to retrace and find resistance from that same trendline with a triple top to boot!! Tremendous potential If you have any ideas supporting or on the contrary to my opinion please leave a comment. Thank you and happy trading :) Disclaimer: This is not financial advice.
Short
by EireTrade-Capital-Management
DECISIONS FROM MIDDLE OF COMING WEEK - SBS - 240MN - MY IDEAThank you for your likes! Very Appreciated! Please Share also to help as many people as possible. Enjoy! _____________________________________________________ We observed that after a long run down the market have found some power to stop the fall. The market now moves in a range. We observed that the tops are lowering while the bottoms are increasing and doing their pullbacks on an increasing support line. Monotone movement up and down in this range will see its end during next week. Probability of seeing more explicit moves from the middle of the week. Maybe first signs will show up from Tuesday. Decision: -Line are broken and you follow the trend -Wait until market reaches back the resistance line to enter Short on a pullback down or Long on a significant break up. Question triggering the community: - Is it the right time to buy Brazilian Share? Leave your comments on what would be your answer?
NYSE:SBSLong
by Diallo_Charts_Ideas