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USD/JPY - POTENTIAL SHORT OPPORTUNITY - PENDING SELL ORDER
USDJPY
, D
Short
USDJPY: USD/JPY - POTENTIAL SHORT OPPORTUNITY - PENDING SELL ORDER

SELL LIMIT FOR USD/JPY AT 103.70. PRCE HAS BEEN TRADING IN A NEAR-PERFECT CHANNEL AND IN A FEW HOURS IT WILL TEST THE DAILY TREND LINE RESISTANCE AROUND 103.70. I HAVE SET UP A SELL LIMIT ORDER AT 103.70 WITH SL AROUND 104.40 (70 PIPS) AND A POTENTIAL TARGET OF 100.90 (280 PIPS). GREAT RISK TO REWARD ON THIS TRADE SO LETS SEE HOW IT GOES!!

EUR/USD DAILY - TRENDLINE RESISTANCE AROUND 1.12
EURUSD
, D
Short
EURUSD: EUR/USD DAILY - TRENDLINE RESISTANCE AROUND 1.12

GOOD SHORTING OPPORTUNITY FOR EUR/USD. SELL BELOW 1.12 WITH STOP ABOVE 1.1230 AND TAKE PROFIT AT THE TREND LINE SUPPORT AREA AT 1.1030. GOOD LUCK

DAX DAILY CHART. LONG TERM SHORT OPPORTUNITY
GER30
, D
Short
GER30: DAX DAILY CHART. LONG TERM SHORT OPPORTUNITY

Potential target of 500-1000 pips. This will be a position trade. lets see how it plays out!

US OIL 4 HOUR CHART
USOIL
, 240
Long
USOIL: US OIL 4 HOUR CHART

Short term analysis on crude oil. lets see how it plays out!

FTSE100 - POSSIBLE INVERSE HEAD AND SHOULDER PATTERN WEEKLY
UK100
, W
UK100: FTSE100 - POSSIBLE INVERSE HEAD AND SHOULDER PATTERN WEEKLY

Today, Bank of England governor Mark Carney said a rate cut is needed after the Brexit vote and hinted that it could come as soon as this summer! This news got the FTSE and the DAX flying up to nearly 300 points. Also, the Feds stated this week that they may cut rates this summer as well, possibly even this month (July) so that is really great news for global...

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