Looking to play the next leg down on USDJPY if we can get another touch of resistance turned support for an entry, with a 25 pip SL at 0.5% risk offering a 6:1 RR for the final target. Reasons for the trade: 1. Downtrend in the market, albeit slowing/sideways movement of recent days. 2. Support has recently been broken and re-tested once, looking to short if we...
Looking to see if price breaks and re-tests the current price structure, if so looking for a an entry with a 30 pip SL and targeting just over 7:1 RR.
Entry made on a pullback on EURUSD short.
Looking for more confirmation prior to entry given the amount of consolidation recently, but a break below to provide a short is tempting with a stop above the most recent high.
Looking to go long before another move to the downside potentially
Looking to short another leg down on GBPJPY , aiming for a re-test of broken support turned resistance from the weekly, daily and 4h timeframes showing this key level. Great RR offered. The BoJ monetary policy statement on Monday is a potential volatility driver on Monday that will be considered, depending on price action from market open leading up to this...
Looking for a triple top, price has been on a strong bullish push, now seeming to have slowed and met temporary resistance, looking to fade down, good RR offered with a SL above the most recent high to give the trade room to breath.
Looking to see if we get an entry looking to trade the next leg down on NZDUSD after the bullish run. If no entry today (Friday) or choppy PA will remove and reconsider on Monday if still valid.
Looking to trade down from a recent consolidation at a range high, looking like resistance forming a temporary ceiling, so trying to short down to key resistance.
Looking to faed a short on the second leg down on the LTF's.
Looking to fade another leg down on GBPUSD seeing continued bearish momentum.
Looking to play EURUSD down within the recent range high. Stop above the most recent high with good RR offered aiming for a TP around strong support.
Price seems to be consolidating, looking for a breakout, potentially to the upside out of the wedge forming for a long play.
breakdown of the ascending channel looking to short down to support
Coming into a resistance area, looking to fade to the downside.