asoto81

asoto81

Confluences: Bullish Trend Line Support/Resistance level Target 1: 1.20R Target 2: 3.75R

asoto81

Fundamental view: COT reports show bullish bias (bearish pressure declining since november 2016. Net is bullish and keeps increasing) Technical view: Price was rejected from trendline with a bullish pin bar. I expect further bullish momentum. Initial stop loss below pin bar

asoto81

Short position after today's rejection of 61.8% fibonacci retracement level and 0.7585 resistance level forming a potential Lower High. Enter the trade with a sell stop order after break of today's candle low. Stop Loss over today's daily candle. Potential target 61.8% fibonacci extension level. Move stop Loss as trade develops

asoto81

Short position after breakout of trading range to the downside. Stop loss over 20 daily EMA. Target 1.4800 support level. Move stop loss using 20 EMA as the trade develops. 1 : 2.12 risk/reward ratio

asoto81

GBPNZD short after bearish engulfing candle showing rejection of the bearish trendline (Bearish trendline clearer on the weekly chart) and 1.79411 resistance level. Risk Reward Ratio: 3.44.

asoto81

Pin bar on a bullish trendline. Risk Reward ratio 1:3

asoto81

Short trade after friday pin bar showing a rejection of bearish trendline, 61.8% fibonacci level and 1.4150 resistance level. Target 61.8% fibonacci extension level (could move stop loss to manage trade)

asoto81

USDCHF short after rejection of ichimoku cloud, 61.8% retracement level and bearish trend line. 5.45 risk reward ratio

asoto81

Long position EURUSD after pin bar in 61.8 fib level. Potential target 0% fibonacci level. 1 : 4.53 Risk Reward Ratio

asoto81

GBPJPY short after a rejection off the 50 EMA and bearish trendline. Target definded by descending triangle height. Risk Reward Ratio of 1 : 3.68

asoto81

Last friday pin bar candle was rejected off 200 EMA and 20 EMA, 50% Fibonacci retracement level of last Lower High and Lower Low and Bearish trend line. Many confluences to trigger a short trade. Target level is next fibonacci extension level. 1:2.94 Risk Reward Ratio

asoto81

Short NZDUSD after daily pin bar and rejection of 38.2% fibonacci and 20 EMA and 50 EMA. Potential risk reward ratio of 2.28

asoto81 Updated 

Bounce on the bearish trendline and 1.0800 resistance level

asoto81

Price shows a rejection of weekly 115.08 resistance level with last friday pin bar. Target is 112.00 level which is a strong support level. Risk/Reward ratio of 2.41