Opportunity on GBPNZD 4hr chart for a short trade. Reasons for entry: - Resistance at EMA - Bearish candle - RSI overbought - in line with current trend Exit strategy: - Stop 1.2035 - Target 1.9905 - Reward:Risk = 3:1 Don't risk more than 2% on any trade.
Opportunity on AUDNZD 4hr to short. Reasons for entry - Price finding resistance at 200 EMA and trendline - RSI overbought - Bearish candle Exit Strategy - Stop : 1.0252 - Profit: 1.0092 - Reward:Risk 3:1
NZDUSD Short opportunity Opportunity on 4hr GBPJPY to go short. Reasons for entry: - 800EMA Resistance - RSI near overbought - Bearish candles - Overall downtrend Exit: Reward:Risk = 3:1 Stop 0,7716 Profit 0,7546
GBPUSD short Opportunity on 4hr GBPJPY to go short. Reasons for entry: - 200 EMA Resistance - RSI near overbought - Bearish candles - Overall downtrend Exit: Reward:Risk = 3:1 Stop - 1.5002 Profit - 1.4725
Opportunity on 4hr GBPJPY to go short. Reasons for entry: - Trendline resistance - RSI near overbought - Bearish candles - Overall downtrend Exit: Reward:Risk = 3:1 Stop - 178.22 Target - 175.83
Opportunity to short NZDUSD. Reasons for entry - Price has hit resistance (trendlines) - Bearish candle - RSI overbought - In a downtrend Exit strategy: - Stop 0,7653 - Target 0,7443 - Reward:Risk = 3:1
Nice setup for a short opportunity with a 3:1 Reward to Risk Reasons for entry: - Price finding resistance at 200EMA - Pin Bar - Overall downtrend - Plenty of room for price to fall Exit Strategy - Stop 0,9716 - Profit 0,9595
Short EUR.JPY opportunity with price finding resistance at 200 EMA.
Short Gold opportunity with price finding resistance at 800 EMA.
Great short opportunity on EURAUD. Reasons for entry: - Downtrend - Price finding resistance at 200EMA - Pin Bar - Good R:R ratio Entries & Exits: - Entry 1.4140 - Profit 1.3975 - Stop 1.4195 - Reward: Risk 3:1
Nice short opportunity on EURUSD. Reasons for entry - Resistance Level - In line with trend - Bearish candle - Good R:R Target/Stop - Targeting 3:1 Reward to risk
Short opportunity on FTSE Target - 6870 Stop - 7045 Reward:Risk - 3:1
GBPJPY has found good resistance at the 180 level. It has stayed below the 800ema for a while and looking to move down to previous lows of 175.50. Stop just above recent swing high of 180.00
A short opportunity on EURAUD after the FOMC retrace. Reasons for entry: - Previous support now resistance - In line with long term trend - Bearish candlestick formation Targets - 3:1 Reward: risk ratio - Stop 1,4002 - Target 1,3710
Potential Short setup on GBPJPY with a 3:1 reward:risk ratio. Entry reasons: - Previous support acting as resistance - Price finding resistance at 800EMA - Weekly trend bearish Exit strategy: - Stop above recent swing high & resistance level 180.45 - Target 178.80, just before recent swing low
Taking a short position on USD.CAD for the following reasons: - Resistance level hit - RSI Divergence - Bearish candle - 1:3 Risk/Reward
Nice long setup on GBPAUD 4hr chart, with price bouncing off 200EMA & previous resistance level, which has now become support. RSI also shows divergence, so at least 3 good reasons to enter. The trade has a good reward to risk of 3R. Ideal target it to ride it up to the top of the channel, but there is a good chance it can go further.