GuyRedares

GuyRedares

Hit the 114 resistance level for the 5th time

GuyRedares

08-JUNE-2020 GILD Short 1. Hit the top of the range box and retraced 2. Retested the trend line from below

GuyRedares

1. GLD is in a clear uptrend 2. Price at the bottom of the range testing support 3. Stop at 157.75 4. Profit target 3:1

GuyRedares

1. In an uptrend 2. Retests support around round number Enter long between 30-31 Stop loss at 28.75 Take profit at 2:1

GuyRedares

22-May-2020 AUDJPY Short

GuyRedares

1. In the direction of the trend 2. At a major support level & bottom of the box 3. At the 0.618 retracement level Entry price = 1.85264 Stop loss below the last low = 1.8400 Take profit target at the next resistance level = 1.89200 R:R = 30:1

GuyRedares

1. In the direction of the trend 2. At the top of the range box (breakout failure) 3. At the 0.382 retracement level Entry price = 1.0950 Stop loss above the wick = 1.10280 Take profit target at the bottom of the range box = 1.0731 R:R = 3:1

GuyRedares

This is a MACD which has no lag