Our Fundamental analysis has been showing potential down side for USD/JPY therefore we are selling at the level shown..
GJ is currently retesting Support which may continue acting as support for the buyers based on some of our analysis.
Trade has a confirmed Good level of support which we are simply trading a 2R Trade.
NZD/USD has a fairly well set up for long term buy however price may sell back off the 0.71200 Area
Price broke structure and we are just buying the retest.
I am currently in this position expecting a short pullback. Lets see how it plays out!
1st sell got stopped out due to news creating false breakout.
When price barely touches your entry and goes in the direction you predicted. This is a trade I called out in our group chat!
Don't you hate it when you have a trade marked up and initially end up not taking it because your last couple trades ended up being losing trades, and you became a little questionable on the analysis if it looked good enough or not, lol. Thats what happened with this one for me. Mistake Noted.. Don't question your analysis if it is according to your trading plan..
Initial Idea is to buy, but why not sell if theres a good set up right? So thats what I did Im in a sell right now. Simple 1 to 2 Trade. Outcome don't matter too much since I'm only risking 1 percent.
Price looks like its getting ready to drop..
Just Targeting the Previous Highs!