Trend broken on H1 so short on pullback at 85.450 SL 85.750 TP1 85.200 TP2 84.900
Short on a pullback as trendline broken on H1.Sell limit at 1.51100 TP 1.50450 SL 1.51750
On a test of support area 1.13900 expect some bounce so i would like to take a chance around 1.13900 TP1 1.14200 TP2 1.14500 SL 1.13500
Broken trendline on H4 indicates bullish trend is over so short on pullback. Sell limit 77.200 TP1 76.200 TP2 75.600 SL 77.800
Trading in a bearish channel so short on a pullback at 1.56000 TP1 1.55300, TP2 1.54800 SL 1.56500
Break out beautiful cup and handle pattern suggesting further upside in gold. Place buy limits at 1220 TP1 1226, TP2 1236, TP3 1243 ,SL 1206
55 is a nice support area. I would like to take a chance on this area so buy at 55.1 SL 54.5 TP1 57.5. Break of 55 can test 48 region.
As bullish trend broken on H1 so short on pullback around 1.31800 with stop loss 1.32250 TP1 1.31400 and TP2 1.30900
I like the risk reward on this trade. Bearish engulfing candles on H1 is first indication for me to short the real monster uptrend. Short at current level 0.89680 SL 0.90100 TP1 0.89200 and TP2 0.88600
Bearish trend on H1 is over now. Tested the structure and had a handsome bounce from support zone. So buy at 147.300 TP1 147.800 TP2 148.500 SL 146.800
Moved back below 1.14200-1.14000 muddy the bullish water on the failed break on H1. I would like to take a chance to buy around 1.13600 (fib 0.618 and Thursday's high) with stops just below 1.13300 risking 30 pips or 1% for 60 pips or 2% reward. Trade idea : Buy limit 1.13600, SL 1.13280 TP1 1.14200 TP2 1.14500
The technical picture continues to look better for AUDUSD. Closed above the broken trendline that is also the resistance for the year shift the bias from bearish to bullish. Trade idea : Buy at 0.71900, SL 0.71450, TP1 0.72500 and TP2 0.73100
GBPJPY working its way to test 147.500 and then 148.200 respectively. 146.200-146.500 is a support zone. Look to buy in this region with targets 147.500 and 148.200.
Bounce from September low 1.27850 was expected as it did on Friday (Friday’s low 1.27800). Is it reversal with nice engulfing candles or just short covering on weekend? For that we have to wait price to trade above the descending channel. Trade Idea : For me I’ll like to long from current levels by risking 1% of my portfolio. There are three reasons for that 1. ...
Close above 1.29250 on H1 can test 1.29380 and 1.29500..
Break of bearish trendline and neckline of inverted head and shoulder indicates further upside with targets 1.15800 and 1.16200 with stops below 1.14800
Close above 1.30800 on H4 would like to test 1.32200-1.32300 area. New higher lows suggesting bullish bias still intact with stops below 1.30050.
Nice bullish engulfing candles at the support and its now trading above the bearish trend line. So long with stops just below 1.75250..TP1 1.76250,TP2 1.76550 and TP3 1.77000