GBPCHF - SELL ENTRY - NOW (1.29000) SL - 1.30250 TP1 - 1.26500 TP2 - 1.23500
EURJPY - We have a Gartley pattern along with AB=CD. The RSI has reached the top of the short term channel, price has reached the top of the short term trend channel along with reaching the top of a long term trend channel.
1.31 area should be the stalling point for this pair to make a move back up. keep an eye out
SELL STOP ENTRY - 69.375 SL - 70.005 TP 1 - 68.115 TP2 - 67.600
This pair has broken out of the RSI trend line heading for the bigger trend line, good time to buy and secure a few pips.
CADJPY could not keeps the gains going, time for a short
JPY looking to make some moves
BUY NOW or BUY @ 1.22500 SL @ 1.21200 TP @ 1.28500 TP2 @ 1.29100 :)
USDCAD to revisit the lower trend line , from there we will have to wait to see if price will break and travel further down to the 1.30 area. a rejection at the trend line will send us back to 1.33400 area and possibly higher. Sell @ 1.33100 SL @ 1.33500 TP@ 1.32200
Im betting on some sort of rejection once EURGBP it reaches the 78.60% fib area, back to make a climb into the .88-.89 area. Hopefully the rejection happens after price gets into the zone so it can trigger the trade and not before. Buy Limit - .86700 SL - .85500 TP1 - .88000 TP2 .89000 :)
EURNZD RSI is set to break the trend line, once this occurs price will follow. The daily candle will have to close at or near todays low. Sell @ 1.74 (wait until the new trading day) SL @ 1.75500 TP @1.72200 TP @ 1.70200
EURUSD to set up for a buy Entry - 1.09600 SL - 1.08600 TP - 1.1100
Im thinking price will break the upper trend line of the wedge pattern creating a "false breakout". Todays candle at closing will advise us if we are in the works for a short term sell. Keep your eye peeled, AUDCHF is indicating similar movement for next week
Im thinking price will break the upper trend line of the wedge pattern creating a "false breakout". Todays candle at closing will advise us if we are in the works for a short term sell. Keep your eye peeled, EURCHF is indicating similar movement for next week
BUY @ 107.260 SL @ 106.260 TP1 @ 108.500 TP2 @ 110.700
place sell orders at .67800 ------ This is a long term trade. tp1 -.65900 tp2- .65000