Hi traders, Over the last days the xxxJPY pairs have made a significant drop and has made me some good profits. We can see a slight and slow retracement. This usually means that the bears are recharging their strength. Trend continuation. JPY has been very strong, enjoy it while it lasts Trendline of the retracement has been broken on the 4h Previous...
Hi traders, For the EURAUD I am looking for a short just below 1.524 All the information can be find on the chart. Entry: 1.52387 Stop: 1.542 Target: 1.4886 Best of luck!
Hi traders, On the NZDCHF I am looking for a long entry the upcoming days. My reasons: Weekly support (please see below) Daily trendline continuation Previous daily structure Entry: 0.6452 Stop: 0.63315 Target 1: 0.6584 Target 2: 0.67658 Best of luck!
Hi traders, On this pair I am looking at a potential AB=CD pattern with some ambitious targets. The uptrend was rather fast compared to the downtrend, therefore I am expecting the bulls to take over soon. Entry, stop and targets based on fibs and structure. Entry: 0.717 Stop: 0.70842 Target 1: 0.7327 Target 2: 0.7511 Target 3: 0.7695 Target 4: 0.7842
Hi traders, On the EURGBP I am looking for a short entry. It has been going up a lot lately. Too much in my opinion. What this usually means is that price will retrace a a bit to regain some power. Reasons for my short entry: Previous support & resistance Completed AB=CD pattern (see below in comments) 161.8 fib extension of the recent swing (see below in...
Hi traders, On the GBPUSD we can see a clear triangle forming. I am looking for a long entry around 1.14163 area. My reasons for this: Trendline hit Previous structure 61.8 or 31.8 fib retracement Entry: 1.4163 Stop: 1.4097 Target 1: 1.42715 Target 2: 1.44 Best of luck!
Hi traders, On the GBPCHF I was looking for a long entry at the 1.373 area at this structure. However, this trade hit my stoploss and now I am looking more to the downside on this pair. It looks very bearish for now. I am looking for a retracement to this structure to enter a short position. Entry: 1.372 Stop: 1.3745 Target 1: 1.3475 Target 2: 1.3315
Hi traders, On the AUDJPY I am entering a short position as soon as the market opens. Reason for entry: Trend continuation Previous support & resistance 38.2% fib retracement on the daily chart Trendline Entry: 85..7 Stop: 87.3 Target 1: 83.235 Target 2: 80.07 Best of luck!
Hi all, On the AUDUSD pair we can see a potential bat pattern forming, completion at point D. Entry: 0.7442 Stop: 0.73855 (Potential loss EUR 20 or 2%) Target 1: 0.75177 (Potential gains of EUR 25 or 2.5 %) Target 2: 0.75859 (Potential gains of EUR 46 or 4.6 %) Lotsize on this trade:...
Hi all, On the USDCHF we have a long entry between the 0.95 and 0.96. Reasons? 1. The previous red trendline was broken and will make a retest at that point 2. The blue trendline is drawn there 3. The red gartley pattern will be completed at the 88.6 fib 4. There is clear previous support & resistance at those levels Targets are 0.98 and 1.01 Best of luck!
Hi traders, For this pair I am looking at a short entry at 118.3 area. Previous support & resistance Trendline 1.618 fib of the most recent swing on lower timeframe (see below in comments) Completed AB=CD pattern (see below in comments) Entry: 118.3 Stop: 119.3 Target 1: 116.46 Target 2: 114.33 Best of luck!
Hi traders, I am expecting the steep, purple, trendline on the CADCHF to break at this point. Price can then move up to 0.778 area, to go reverse from there. This might take a few weeks before we get there. Trend continuation Previous support & resistance Trendline Entry: 0.778 Stop: 0.8 Target 1: 0.7356 Target 2: 0.7005 Best of luck!
Hi traders, On this pair I am looking at a short entry around the 0.805 area. My reasons for entry? Trend continuation Previous support & resistance 38.2% fib retracement on the weekly chart Trendline Please check the charts in the comments aswell for a more clear view. Entry: 0.8045 Stop: 0.812 Target 1: 0.76 Target 2: 0.7345 Best of luck!
Hi all, On the GBPCHF we can see price reaching previous structure and having trouble breaking through. This is one of the reasons for me entry. Another reason is shown below in the comments. Entry: 1.382 Stop: 1.3664 (Potential loss EUR 20 or 2%) Target 1: 1.40326 (Potential gains of EUR 27 or 2.7 %) Target 2: 1.41956 (Potential gains of EUR 46 or 4.6 %)...
Hi all, On the CADJPY we have a bat pattern completion. However, at this moment I am waiting for price to move slightly higher towards the structure at 86.8 Entry: 1.70998 Stop: 1.72929 (Potential loss EUR 22 or 2.2%) Target 1: 1.6868 (Potential gains of EUR 32 or 3.2 %) Target 2: 1.67311 (Potential gains of EUR 58 or 5.8 %) Lotsize on this trade: 0.03...
Hi all, On this chart we can see that XAUUSD has broken the previous structure low at the 1225 area. What we can expect now is a retracement to this area, which would make a nice short entry. Entry: 1225 Stop: 1240.13 Target 1: 1201.89 Target 2: 1167
Hi all, For this pair I am looking for a retracement towards the 1.41 - 1.42 area for a short entry. There has been some nice support in the past, which should turn into resistance now. Stops and targets are in the charts. When in profit for about 50 pips, move your SL to break even or above recent structure. TP1: 1.383 - Based on previous structure (last week...
Hi all, On the CADJPY I am looking at a quick scalp for about 25 pips, possibly some more. Entry, stop and target are in the chart, based on structure. Entry: 86.155 Stop: 86.333 (Potential loss EUR 16 or 1.6%) Target 1: 85.827 (Potential gains of EUR 18 or 1.8 %) Target 2: 85.456 (Potential gains of EUR 44 or 4.4 %) Lotsize on this trade:...