I took already partial profits with 20 pips profit. We can see bearish signs on CHF pairs and wicks are closing one after one so we can say it's going downtrend. I don't use fib, i'm using simply my feelings on this and logic not to much analysis. SL 15 pips TP 45 pips. 4:1 RR
We can see that have been breakout our 1 day time frame resistance so It could be possible buy. On fib it have been respecting our zones specially our 0.764 zone so we can see possible buy. Second option is to go down to his previous daily resistance that is our support now.
We can see on the chart that USDJPY is on the rise few days. This is simple support resistance analysis. There is no breakout in this position so i put small SL of 15 pips and TP 45 pips.
On chart we can see that gold i making bearish sign. There are two options. First one is to not make breakout before it goes to price 1722. Right know it's to risky to go buy or sell. Second option is to do the first breakout and to continue to rise. It's simple if it goes to price 1722 i will go long if it's not I'm not going to trade gold.
We can see on the chart that due to support and resistances, there is down trend in this case, but before it goes down the price will probably hit in this case lower resistance, and in another case the higher one but we will see that only if we wait to bumps off the lower resistance or it's going to break it.
I pull step lines and look for LL. You can see clearly on the chart that is going bearish. But if we look on 1 day chart we can see that is hitting support of 1 day chart. I put fibs so I can have control over my trade. This is idea and analysis but at start of the week market is crazy so we will see what is going to happened.
Simple analysis on USDCHF small risk trade TP is 30 pips and SL is 10 pips i open position on this. We can see it's forming uptrend on the chart I have draw that uptrend and put couple of supports to see how it will react depending on latets supports. I'm using fib for confrimation.
Here I take two positions on USDJPY past weeks last one took around 30 pips but first one took around 95. I'm still in the second position and I'm waiting to hit support. If positon break support i will look to short it beacuse it's going down trend in past days.
Last night I posted a chart but it was deleted so this is that chart template that I will follow. GPBUSD was having nice bounce as I expected, I'm waiting for new moves.