RISK TO REWARD 1:2. BASING THIS ON MARKET STRUCTURE
USDJPY FOLLOWING STRUCTURE WE COULD EXPECT A NICE SELL OFF FOR THE THIRD LEG MAKING NEW LOWER LOWS AND LOWER HIGHS. IF YOU ARE TAKING THIS SELL ITS AN INSTANT EXECUTION WITH A STOP LOSS OF 25 PIPS. ALSO COMPLETION OF THE M FORMATION
Potential turning point fro eur japenese yen coming up
EURAUD MAKING LOWER LOWS AND LOWER HIGHS WE COULD SEE A POTENTIAL SELL OFF TO THE EXTENSION OF THE 1.27. NICE ABC STRUCTURE
BASED ON MARKET STRUCTURE POTENTIAL NEW LEG UP TO THE 147 REGION
new zealand to the yen looking like a good sell. this area specifically looks very reactive and we have seen a lot of rejection on the higher time frames.
GOLD WE LOOKING AT 1330 AS A MAJOR AREA OF LIQUIDITY. THEREFORE POTENTIALLY LOOKING FOR BUYS.
EURUSD we are looking for buys till .4000 then we can see a potential sell off as we are looking at a really liquid region where banks and hedge funds may be looking to sell off.
PURE MARKET STRUCTURE. LAST LOWER HIGH WAS BROKEN AND A HIGHER HIGH WAS FORMED. POTENTIAL BUY RISKING 40 PIPS TO GAIN 140 PIPS
LOOKING TO SELL OFF 0.71000. NICE CHANNEL FORMING AND LOOKS LIKE A H AND S.
EURJPY POTENTIAL 50 - 100 PIPS TO 125.500. FOLLOWING BASIC MARKET STRUCTURE BY LOOKING LEFT.
LOOKING AT A 50 PIP STOP LOSS WITH A GAIN OF 215 PIPS TO THE 1.300 REGION. FOLLOWING BASIC MARKET STRUCTURE COMBINED WITH KEY PREVIOUS PRICE REVERSAL ZONES
Price moves in 3 drives only 2 have been completed so far. if we copy and paste the first impulse and duplicate it on the 2nd impulse it is a perfect match. Therefore if we take this into consideration with our third drive theory then we can be looking at a good sell off at this region. We can be looking at a good 80-90 pips if we pull this off with a good risk...
POTENTIALLY LOOKING FOR BUY OPPORTUNITIES AROUND .71000 REGION 4 HR AND 8HR LOOKING BULLISH AS HHS AND HLS ARE FORMED COULD WE SEE ANOTHER HIGHER LOW?
Pound to the yen looks like fantastic sell. following pure market structure. potential of 150 pips!!!!!
RISKING 15 PIPS TO GAIN 70 GREAT R:R !!!!!! LOOKING FOR SHORTS TO COME IN PLAY SOON.