*Long Term, Day 1 / W1 Chart :* I believe the overall bigger structure still is shorts at the break of the 94.604 zone closest target would be the 91.692 zone and the 90 percent rule.
*Medium Term, H4 Chart :* Structure has created a potential inverse head and shoulders pattern which would suggest long entries until atleast 97.000 or 97.901 seems a very interesting area
We are holding very good profits from the GBPJPY trade and I'm looking to slap A SL on my trades to take risk off the, let's see what we do around this right shoulder phase 👌🏿 Very excellent trading!
DXY ⬇️ Structure : Asecending Channel, we have broke out of our flat channel and our reduced risk entry seems available for DXY all USD pairs and GOLD will react just follow DXY rules and analyze before any entry obviously, first target is around 91.692 second is around 90 percent of channel around 90.038 This is a long term trade *
Potential shorts because of this pduble top on GBPJPY, 152.500 is poten area of interest as price might retest because we would have created an inverse head and shoulders pattern, the right shoulder being there, if we do break out we might head to around 150.000
Weekly support hit around 0.82936 we might place buy limits there or long now however with minimal lots, looking to potentially swing this
We are holding quite good profits from our previous set up, look to add a SL and protect your profits, very nice trading.
Holding quite good profits from our previous set up, looking to add a SL and just them our longs do they thing. Watch out for this potential double top though *
Inverse head and shoulders pattern on AUDUSD indicating buys being available here on 0.71698 looking to reach the trend atleast ( 0.74500 to be safe should be okay )
potential shorts on GBPAUD because of this double top on the daily strutcure, we might want to swing this, first target is about 1.85000 second target is about 1.81947 and our 90 percent rule around 1.77634
We are holding very nice orifits from the previous set up I shared about Nasdaq and I hope everyone who followed it is holding very good profits, I'm now seeing a potential third touch on this 155521.5 zone to take towards the upwards have buy limits set at 155521.5 Goodluck!
16751.7 looks a very nice level of interest on US100, for potential shorts, if we happen to breakout of this channel between 16751.7 and 16468.6 our first target might be 15982.2 or about *
looking at this 97.912 zone as a potential rejection zone because would confirm the second touch on this particular zone which is just a smaller version of what happened before on the 103.095 after that second touch price fell hard Meaning we will look to take long positions on XXX/USD AND Short positions on USD/XXX
Potential double top on AUDNZD considering we seem to be rejecting this area as we did on the first top
We might see another potential impulse towards the downside on Nasdaq, if we continue rejecting this 15982.2 area we might head all the way to complete our double bottom around 155521.5. Potential area of retest : 15760.7, so these shorts arent too to held for too long imo but with CFDs alot of percentage growth can be taken so maybe we can treat 15760.7 as TP...
Take Profit Number 1 HIT on Nasdaq as expected, we are hokdi g very very good profits on Nasdaq after we held for so long, we hit TP one and trades are closed, I'm quite happy with the bank we made ✔️
My views on GBPJPY We seem to have created a double bottom pattern around this 148.490 and price has rejected this area with the Tweezer Bottoms Candlesticks, I'm very bullish on GBPJPY Target One : 156.075 Target Two : Third Touch Around the Trend
on the breakout * We can short Gold on the breakout because of this strong Resistance area we seem to have rejected and this Ascending channel ( extra confluence ) pattern we seem to have formed TP is 90 percent rule around minimum 1740.00, last TP is 1677.61. SL is dependent on your account size ( risk about 5 percent not more than 15 )