Open order with %2 Risk Management Close Half at TP1, Stop to BreakEven Close all at TP2. Keep it simple. Cheers :)
Hi traders, I have my trade on break-even after we moved lower once the 1H candle closed (my entry is at the first spike, green candle) and now I am anticipating a break of the support area marked in orange. Once this breaks, I will lock in some profits and very likely add to a 2nd position, depending how everything forms. Be aware that trading Bollinger Band...
Pending Long @ 84.20 Stop Loss @ 83.70 Target @ 86.70 RR Ratio 5.0
Hi there, I have analyzed the AUDJPY on the daily and found three possible outcomes whereas all three point to the upside. Option 1 is that we are completing a regular flat and we are heading higher. Option 2 is that we are completing a regular flat on the bigger picture and we are moving higher. Option 3 is that we are moving much lower and then we will get the...
Buy above 84.53. Stop loss at 83.57. Take profit at 86.67. Reason for the trading strategy (technically): Price has started to bounce nicely from our buying area and recent price action sees a bullish exit being triggered. We remain bullish above major support at 84.53 (Fibonacci retracement, long term horizontal overlap support, bullish divergence) for a push...
If the price reach the lower trend line then we're going to have two possibility. Judging by the structure on more up move in daily is possible before the big down move.
Buy on dips for a target to 88.39, stop below 87.52
want to see a clean push through this amazing level, hoping Japanese CPI result can push it down cleanly. looking for a retest at the level
Buy on dips for a target to 88.81, Stop below 87.79
Pending Long @ 87.60 Stop Loss @ 86.00 Target @ 93.00 RR Ratio @ 3.38 Trading involves substantial risk of loss. I'm just providing insight into what trades I'm taking.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
AUD/JPY Short on Head and Shoulders Stop Loss: 89.000 Entry: 88.580 Target Price: 86.820 Risk to Reward Ratio 4.0
Looking for a good entry/pullback up to the 89.00 area.
Double Tops pattern spotted on AUDJPY which has been on a strong uptrend. Price cannot break the peak anymore and lower highs are formed plus a strong break of the 20 SMA. Strong positively correlated pairs such as CADJPY and NZDJPY have already started the possible downtrend. RSI Divergence is also spotted on AUDJPY as marked on the chart. This might be a good...
AUDJPY seem to be completing a harmonic pattern. This is clearly not my field, but it's a good information for a short possibility. There is still some upside potential but it doesn't have to reach 87.400, 87.000 could also be a point of reversal. The 50MA has crossed over 200MA to the upside which can indicate a upside potential. The bulls is showing strong...