As price approaches 0.90000, we should observe to see if price respects that level as a support level. Once we have confirmation, entry should be placed for a buy with stop loss places at previous low.
Price has broken below key points of support as well as the trend line on the 240. I believe that of price does break past the next level of support, there should be a sell till the next point of support. Entry: Near 0.64191 TP: 0.63393 SL: 0.64652
FX:GBPCHF was in an uptrend until I saw another position to take as lips came below teeth on the 4H I decided to take this position with the stop loss at a recent resistance Entry: 1.19386 SL - 1.20827 TP - 1.16886 Thanks for liking and agreeing with my ideas, means a lot to be able to show my analysis as I am only still learning the ins and outs
FX:CADJPY Lips came above teeth and is continuing to uptrend. MACD and RSI looked good for me to take this position. We'll see how it turns out. Entry: 76.475 SL - 75.935 TP - 77.561
USDJPY Looking at the 4 hour, I saw the lips starting to come up over the teeth so I decided to take a long position to try to catch a little upward play. SL low, TP also low, close to a 2:1.
FX:USDCAD Saw a break on the resistance line, waiting for it to break it's channel to place a buy position, I feel good about a reversal and I'm bullish on UC.
AUDCAD Was looking to see if there was a bounce or a break off the resistance line at 0.87520, I saw that there was a break so I decided to go for it. SL pretty low due to if it did try to comeback and retest, I didn't want to take any chances with it falling through. TP pretty high but making sure if price starts to bounce off the second resistance line at...
Looking at Alligator indicator on FX:GBPUSD looking like lips are going to pass teeth which to me looks like a potential reversal. Entry: Cross of Lips and Teeth SL: 1.24829 TP: 1.19343
FOREXCOM:EURUSD broke the upward channel leading me to believe that this is a reversal. Stop loss not too high just up to that resistance level and TP down to the support level but can change. ENTRY: 1.09964 SL: 1.10555 TP: 1.08299