Im changing the short signal to a entry of 1.71100 i dont think it will go any higher than this. RR is higher now cause ive reduced the sl and tp. 1:11 RR
I'm waiting for a pull back to 1.71300 take a short at that price with a 57pip sl and 600 pip tp 1:10 RR, swing trade, i expect a pull back in january area then continuing down to 1.6500 where my tp is. you can day trade this and tp around 1.69500 and re sell in jan when it does pull back. Lets see how it plays.
We broke this 1.37000 area and made a new low at 1.34000, i think we will retest the weekly lows again taking profit at the daily support level, then wait for a break of support and wait for it to pull back and take further sells down towards the weekly target of 1.3100, or it may find support at 1.34000 and retest the highs again.
JPY is bullish in their economy after the news release yesterday at midnight. I think we will test the weekly level of 149.600 and make decisions from there. SL 50 pips TP 230. Good RR 5:1
Possible shorts next week to retest the daily lows before heading up long term. I am going to place a sell limit from the resistance because the last two daily candles rejected that price. Good risk reward.
On the daily timeframe we have exhaustion, meaning were slowing down and starting to see a pull back or reversal of trend. I see we have been bullish for a period of time now so were expecting a pull back, just putting a sell limit see where we go with that.
I can see we've made a Low High and from this 1.20400 -122400 area im looking to sell, just waiting for more confirmation to take the safest trade downwards. Last week the weekly candle rejected price nicely and i still think the eur is going down overall for next few months.
On the weekly timeframe we're testing highs at a major level. We need to let daily test this area before pushing down. First tp 130 pips second 200+ swing trade.
Great opportunity to make a lot of money, gj is a fast moving pair and when it trends we can big pushes and small pull back. It's almost as crazy as gold. Gave my group this trade looking good.
