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Praz Updated 

AUDUSD has been testing resistance a few times at around this .7000 level. I see a potential short here with a descending triangle pattern formation along with a divergence with the RSI. Make sure to have a strict/tight money management as this is a reversal trade.

Praz Updated 

Let me know what you guys think about this trade

Praz

Short it now, limited risk with huge potential of profit

Praz

Gold Short with price recently testing the 61.8 Fib and failed. There is a big support too at 1263, and MACD showing bearish trend.

Praz Updated 

Lower TF shows MACD divergences. Within the daily timeframe, EU seems to be testing the previous neckline which coincides with the 23.6% fib retracement. The short seems pretty convincing with resistance around 1.121-1.122. Just make sure that you have a tight SL with TP around 1.100. Let me know what you think.

Praz Updated 

Short GU while waiting for it to break out from this wedge.

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This is a short-medium term trade plan. The structure of the doubletop is very nice, with the recent rejection shown by the candle wicks of H1 in EUR/CAD. Trading is all about money management and I found the risk:reward ratio that beautifully fits my risk profile. Stop loss is based on the supply area of the next doubletop structure to avoid getting hit by shadow...

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I am heavily short on the EU for two reasons, first the rejection of 150 EMA and this wedge channel. My target also aligns with the Fibonacci retracement. Furthermore, I believe the dollar had a nice pullback and this is a great opportunity to ride the wave up before the myesterious FED rate hike decision next month. In my opinion, dollar will regain its strength...

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UJ is consolidating around 121.5-125 price range that traders can capitalize on this consolidation. Buy low, sell high and grab free pips!!

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I see 2 distinct scenarios in EU that I will be able to capitalize/benefit in the next few weeks. Right now, EU is forming a double top and it might be testing the neckline, in which if it breaks, selling EU will be my choice. However, if it bounces back, then it might form a triple top in which I can sell it at a higher price with a price outlook of 1.08. Either...

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EU forming a symmetrical triangle that can be utilized to scalp 40-50 pips per trade. I would long at 1.1310-1.1320 (TP at 1.1380-1.1390) I would also sell at 1.1380-1.1390 (TP at 1.1320-1.1330) This is a beautiful setup to benefit from the formation of a symmetrical triangle, with limited risk due to further pressure from grexit uncertainty that will make the...

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I personally am going to speculate on the formation of double top. I believe that along with the pressure of Grexit, there will be constant pressure on EUR/USD. Furthermore, the resistance at around 1.14-1.15 is a 5 month long resistance, and I don't think EUR/USD can break that resistance yet based on last week when EU is testing the high.

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See chart below