Musha_FX

Musha_FX

Entering a short position at key resistance area. Entry: 1871 SL: 1878.71 TP: 1840 R:R: 1:4

Musha_FX

I'm expecting price to retrace to the previous support level that should now act as resistance before a continuation to the downside.

Musha_FX

GU has been in a descending channel since the 25th of february, however, the bigger picture is that price is still in an uptrend and has respected such channel since last year. I'm expecting a bounce @ around the 1.36800-1.36000 level with a target @ 1.38600 Feel free to share your thoughts.

Musha_FX

Wait for price action to enter short. Great R:R !

Musha_FX

Possible bounce off of the TL. Previous resistance @ 1.32500 now turned into confluent support zone together with TL. Wait for price action confirmation to enter LONG towards strong resistance level @ 1.34100

Musha_FX

Wait for price action confirmation, price can still go higher after the pullback.

Musha_FX Updated 

Shooting star on the 1 Hr TF, Expect a pullback towards 1.31700 SL: 1.32644 TP: 1.31700