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Sellstructure

EURUSD, Short Opportunity - 1:22 availableGood morning ladies & gentlemen, Hope you're all having a beautiful week. A nice short opportunity has presented itself on EURUSD after trading upwards for several weeks. It's now ready to see some substantial downside. DXY is poised to go higher also. The monthly orderflow for EURUSD is currently bullish. The weekly and daily however shows that we're in a sell structure. The objectives below have been clearly outlined. Objective 1: Refill of the H4 Void. RR 1:6 Objective 2: H4 intermediate lows in line with a H1 Void refill. RR 1:13. Objective 3: Low of the trading range. If it breaks past this area and closes below on the weekly, we can see further downside with the final target being 1.142. RR for this objective is 1:22.
Short
by Jiraiya_eth
USDCHF ShortSince my last idea, price has come back to re-induce above the previous highs and presented us with an M15 sell structure. Trading this week definitely exposes us to more risk than normal as many of the pairs are on hyper-extended runs with the exception of USDCHF. As this trade follows the rules of my system and the RR on this trade is 1:3 and above, I've made the decision to execute at the entry point as displayed in this idea. The white line delineates the H4 highs created from one of my last ideas that presented us with an excellent RR short opportunity.
Short
by Jiraiya_eth
GBPJPY, ShortGoood afternoon ladies & gents, GJ has presented us with a bearish sell structure on the M15 chart after hunting past the weekly area of buy-side liquidity. Looking for a 1:13 RR trade down to the H4 Propulsion Block with further room for downside. Disclaimer: This is just an opinion, not trading advice. Do your own research & trade at your own risk. Remember to manage your risk well by never exceeding 3% risk any given trade. Best of luck. I'll post updates on here.
Short
by Jiraiya_eth