SHORT SETUPThe price've tested the H4 and daily resistance and the higher band of the trend channel that has rejected and braked out the triangle pattern, showing a good and clear short signal targeting the daily & weekly support and perhaps goes as lower as H4 support.
remember to trade safe, use proper lot size and risk management, don't be a pig on the market!
Short-trade
EURJPY idea for 01 Dec 17 ShortEURJPY pair has failed to break through the major resistance at around 134.50 and what it seems to be turned back down.
At about 133.22 we are expecting correction up to 0.5 fibo and another drop down to 131.70 area as a target.
Alternatively, if 133.22 support holds, EURJPY will be retesting resistance 134.50
#SmartInvestmentTeam
Wow! The channel in COPPER is STILL in play after all this time!I drew this channel in COPPER back a long time ago where the first arrow is and just looking at the charts now I see the channel is STILL in play after all this time! Now looks like an interesting short play. Good Luck! And may the big pips stay with you! Happy Pipping!
EURUSD 1H Short Trade to 800 smaPair was stretched away higher from the ma's and fell back to them and then passed through both. Now it is on it's way to the 800 sma. Watch for a retrace on the 15m chart for an entry point. A measured TP can be the distance above the ma's will equal the distance below the ma's. First TP is the measure TP @ 1.1814 and the second TP is the 800 sma @ 1.1746 but my TP will be 1.1755.
Potential EURJPY SHORTS!!Looking to see further downside on EURJPY here if price can hold the Fib Retracement region @ 61.8%.
We have seen price break the trendline and bounce off our Monthly Support Key Level @ 128.000 to form a pullback. There is now opportunity to take a Short Position after we have seen the markets retest the trendline forming some indecisive candlesticks sitting on the Weekly Mid Range Level.
I have 2 Targets for this Set Up:
Target 1: 127.000
Target 2: 126.000
AUDUSD SHORT - BEARISH BUTTERFLY 4HRHere is my first analysis post on Trading View.
Harmonic Pattern shown is a completed bearish butterfly
Trendlines are valid are show a created channel.
Around (D) Point was my PRZ (Price Reversal Zone) as the entry shows.
TP 1 is at .382 Fib level
TP 2 is at .618 Fib level
Once price hits TP 1 bring down Stop Loss into profit to secure the trade doesn't lose us any capital.