Market structure retestSo we seen price breakout the low and then give us a retest at 0.69730 area on the 15min and failed to break back up above it meaning to me that price should still continue further down to previous market low @0.69200 and i have my stop loss at previous market WICK high which is at 0.69910 meaning my ratio is a is a 7:1 i will keep posting simplicit trades as they are key to my trading ideas and swinging for hours on end im anticipating on holding these trades till tp gets hit or i will have a trailing 200 pip tp @.69530 once price gets to 69.430 if price struggles to break the .69530 then i will move my sl to take profit. feedback is welcome
Trendcontinuation
EUR/JPY Wave analysisThe counter is in a long-term bearish trend.
However, the short-term trend suggests a short-term sideways trend.
The range is defined in a bearish flag formation and it is the wave 4 of the bearish cycle.
We expect the pair to wither the sideways trend upon reaching the resistive trendline and restart its bearish trend.
Overall view of EURUSD - Update of June 24thPrices broke the resistance zone giving more room for a continuous bull trend, after forming a Higher Low @1.11800 near the low of the year @1.11080.
Possible targets: @1.14500 (+50pips) and @1.15000 (+100 pips).
Advice: Stay bullish and buy at any low point while we don't break down the resistance zone (became a support magnet) or 1.13000 bottom level.
NzdUsd Pullback ShortNzdUsd has put a decent impulse in bouncing off minor support, we can possibly see relief to the killzone in which I would be looking for a retest of the lows and even a continuation lower. Potential head and shoulders on the 5 min currently so can see that relief as more likely.
CAD/JPY: Swingtrade-Opportunity! Nice CHANCE to SELL!#TrendHey tradomaniacs,
welcome to another free signal!
Important: Wait for the break below the entry and place a sell-limit!
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Type: Swingtrade
Sell-Limit: 81,385
Stop-Loss: 81,744
Target 1: 80,793
Target 2: 80,446
Target 3: 80,182
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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