Short around 0.7320 with stops above "X" around 0.7345 target price 0.7150 area
Long on GBPUSD at market price , stops below the red line ,first target price at 1.5000
Going Short on USDJPY at market target price at 118.50
0.7402 SELL entry for EURGBP stops above the rectangle around 0.7460.We have there the 38.2 % retracement from the double top highlighted in RED.
150 points more to go until the 61.8% retracement from the leg down that started on 2001 until the lowest low recorded on March 2008.If we get a strong rejection at 61,8 % I am expecting a retracement at least until 23.6% if not to 38.2 % around 90.00. Keep an eye on the 61.8 % to go LONG on EURUSD,GBPUSD, short on USDCAD,USDJPY
Short until 1.4225 which was the low on 17.05.2010 , my buying area is between 1.4225 and 1.4177
I have a pending order to go LONG on GBPNZD at 2.0150 with a stop loss 100 pips below at 2.0050, target around 2.2000
I am going short on USDCAD at market with a stop at 1.2720 first target profit at 1.2560
Since that candle closed ( Keep in mind this is a Monthly chart ) it retraced exactly 50% touched the base of the cloud but closed inside.If the GBP starts moving UP my first target on this pair is at 1.272 retracement from the last leg down around 2.1950.Keep in mind that this is a HIGHLY volatile pair it moves hundreds of pips per day so be very careful with...
If the NFP comes much stronger than expected (which I personally doubt) and 1.5180 is broken I am out of GBPUSD until it reaches 1.5000 Level the red trend-line support which dates back to 2009 and go LONG there.
The 0.618% retracement is only 40 pips and it lines up with the bottom of the cloud.We may get there today around the time the NFP is released.So I am placing an order to buy at 1.5180 with stop 20/25 pips below to avoid spikes.My first target is at 1.5350
0.7100 even handle to go LONG maybe even lower around the middle of the support rectangle around 0,7020
Careful this can easily go another 90 / 100 pips down
If you're still not SHORT USDJPY when it does go short.Chart of USDJPY to come