Looking for a very clean entry with a nice ratio for SL-TP 61.8 region looks very good to enter. all details on the chart
looking to swing this short on CAD/JPY. daily resistance zone should be taken out which should give us a nice entry with a nice 15-20 pip SL depending on entry area. Looking for EQ lows to be taken out. Entry region lines p with weekly down trend (5th move on Elliot waves) Weekly fib lines up with 61.8% GREEN BOX IS ENTRY ZONE
10 pip entry box area for the sell. Green dotted lines marks imbalance and 50% of buy to sell candle on H2. fib lines up with premium area too.
JPY looks to be dropping in value which means XXXJPY should be going up.
This correlates with USD/JPY (SELL) and also XAU/USD (BUY) Looking for a measured move TP 1 50 pips. Measured move is well over 300 pips.
CONFIRMATIONS Nice cross trend lines on USDJPY Golden zone Fib level Nice S/R zone nice Fib time zone area overbought on stochastic
EUR/NZD long position off the 38.2% fib and trend crossover. Nice support and resistance level on the 1.72000 where you can re enter on the break and re-test. Looking for at least 400 pips with a 40 pips stop.
40 pips stop. nice measured moves going on. Expecting AUD/XXX to drop so expecting this to shoot up XXX/AUD. Trendline cross on H4 and nice fib level too (golden box).
I will look to entering this depending on price action around the 61.8% FIB. Looking for around 100 pips TP fro 30 pips SL.
AUDUSD short position. I am going to hold this position for a while down to then bottom trendline. The blue arrows equals measured moves and we know that AUD pairs love doing measured moves. This is also a short position off the 50% fib and also a key level of support and resistance. Stochastics are also high on daily, H4 and H1 so this is an indicator to sell.
AUDNZD has reached a major Support/resistance level on daily and also weekly. We have a trend line cross over and the golden box represents the golden zone (between 61.8% and 70.5% fib).