RedStaR

RedStaR

Good short opportunity, it might go way lower, I think it breaks the bottom if GBPUSD keeps underperforming.

RedStaR

I would start getting into shorts at the 1.1400-1.1450 level.

RedStaR

Good R:R ratio

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Good luck.

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Wait for the 1.326 then TP at 1.320

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Correction coming, I would like to see it touch the bottom of the channel before taking long positions, then target at 63.4. A good 4-6% move here.

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Take Profit at 0.7087 level, on the breakout of the short term channel trend and support level.

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Take profit at 82.3, confluence with the Fib retracement and resistance level.

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Breakout of the hourly uptrend and the resistance line will net you decent 25 pip return. TP at 0.7083

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Take profit at 82.3

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Take profit at the 0.8610 level, where there is confluence with a resistance level and the 38.2% retracement.

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RedStaR

The U/J pair is setup nicely in a corner for a breakout, most likely to the top on talks of increasing US interest rates. A break above 122 leaves two targets to be desired at the 127% and 161% fib levels. While a break on the blue trend line sets it up for either a stop at 115, or completion of a bullish Cypher, where the pair will pick up it's long term up...

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Getting close to overhead supply zone, there will be strong resistance at this point. If buyers can push through this bumpy range, then USD/JPY should shoot up after breaking the 103.2 mark. Looking at the daily chart, there could be downward pressure based on indicators, a break on the pinkish trend line can see the pair consolidating for longer. In this case, a...

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I'd wait until the 93.5 mark before going short, just to be sure. It seems bullish on the short term, so that price level is bound to hit soon enough. Watch out for triangle breakouts on the october trend lines. I do not think they will happen before the middle of January, but you can never be too sure. It will be a good opportunity to catch the breakout. If you...

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Price rebounds on the support line and heads towards previous market structure as first target to TP.

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Aussie just tested a huge support trend line from back to 2008. It currently lies in between two sides of a triangle, a break on either side would be a continuation trigger point to that movement. Stochastic shows oversold conditions, and CCI shows a bullish movement after a small retracement.

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Let's see if it breaks red line support, if not, then it's bullish to previous highs, and maybe a lot more if sentiment is good.