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EURJPY await double top RSI Div before engage a short entry
EURJPY
, 15
Short
EURJPY: EURJPY await double top RSI Div before engage a short entry

EURJPY has been appreciating quite a bit today. For Pivot Point Traders, it is at it's R3, furthermore it is merely a 61.8% retracement and it sits on previous resistance. Looking for a shorting opporunity after market forms a double top but not exceeding the rectangle drawn. Awaiting for RSI Divergence. It can be pretty bearish, do note that this weekend there is...

EURUSD Head and Shoulder Spotted
EURUSD
, D
Short
EURUSD: EURUSD Head and Shoulder Spotted

EURUSD Head and shoulder spotted, developed a few strategy to capture this trade. The most simple method is to engage the trade after the break of support line. However, let's developed some other possibility to engage the trade with insane but practical reward:risk ratio.

AUDCAD retest of high to short as lower-low is created
AUDCAD
, 15
Short
AUDCAD: AUDCAD retest of high to short as lower-low is created

Structure-based trade. Candle has close below the previous low, indicating a possible of continuation of a bearish trend. Looking for market to retest previous high and look for indecisive candle follow by a bearish candle to short the currency pair. Single target for this trade. Retest of previous low, I'll place my Stop-Loss at Entry, pertaining a risk-free trade.

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