If it fills the liquidity I expect a move to the downside of at least 200-300 points in price. If it hits our targets however, the reward is more. RR 1:7 and 1:13
Uptrend on the weekly TF. Has touched the trendline and is showing signs of potential buy. In lower TF we can see the price bouncing over a key area.
Short term sell. AUDUSD has encountered resistance and now is set to drop to then keep going up. You can also long EURAUD, for the negative correlation.
CHFJPY has tested the daily demand zone. Since then it has been in a uptrend and has still a lot of space to move up. It seems to be very near of breaking the uptrend so we stay patient to see the next move.
I think XAUUSD is about to make a move soon as the price is moving in a tighter and tighter range. Given the fundamentals and the current trend of gold I expect gold to make a move upwards but I will wait and see how the price reacts. Also I am trying the Heikin Ashi charting technique.
Testing strong daily resistance. Testing resistance in the top of a channel. DAILY SUPPLY. Great RR ratio.
Simple analysis. AUDJPY has tested a strong support within the channel and outside it. Size your trades accordingly.
Price broke downtrend, possible reversal and uptrend for 200+ pips. Great R:R. A wide SL to prevent wicks closing our trade. Size accordignly. Fundamental: Uk economy should keep falling
SPX price is moving around the top of a channel. Its finding resistance at around 2980. You can either short spy or long vxx. I am long on VXX Good RR, Feds cant stop the unavoidable crash VXX CALLS 41 CALLS 5/29 @61 or more aggresive VXX calls 43 5/22 @12