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EURJPY. Profit will be in case the price enters the buy zone.Hello dear subscribers! At the beginning of the month, the price reached the level of support, and pushing away from it, it began its rise in the growing channel. If the price rises to the level of 119,000, it is included in the buy zone, there you can buy this currency, after which it must reach the target, if it does not reach the mark of 119,000, then making a deal is dangerous! If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
Long
by UnknownUnicorn6402893
1
AUDUSD Short ComingAUDUSD is slowly making it's way up to the previous support zone confluent with the 38% Fibonacci retracement of its swing high to swing low. Looking for previous support to become new resistance for a continuation of the downtrend. Will wait for a clean short entry in this zone based on multiple rejections confirming resistance and aim for 200-250 pips back to the downside. Keep in mind this pair moves slowly. I am not a financial advisor. This is not financial advice. This is for educational purposes only.
Short
by csohrab
XAUUSD: Gold Short with good pip potential and high rewardsGold is well known for its volatility as has been seen over the past few weeks, where we've seen it rocket up to the 1680 range due to investors rushing in with the threat of Coronavirus. However, they have since had a reality check and as a result gold has reached a channel. This channel is easy money whilst it holds. As shown on the graph we have been seeing lower highers and lower lows on the hourly, creating a descending, closing channel. It has twice rebounded off the pivot point which is the reason for taking partial profits but overall has a great potential to reach 1600 and below in the event it breaks to the downside, and if not plenty of profit will be banked regardless. Keep in mind Donald Trump is speaking later today and that can create unpredictable volatility so suitable risk should be used.
FX:XAUUSDShort
by benaston50