AUDUSD -0.08% Will be a short swing target with a
entry point of .7290
TP of : 0.7025
SL of : 0.7320
Risk to Reward: 1:4
TP: 265 Pips
SL: 50 pips
account size: $9,500 risking 2% using a .40
TP Balance: $10,560 (11.15%)
SL Balance: $9,300 (2.00%)
USDJPY is testing the trendline one more time this will be a swing trade short position
USDJPY is also touching the 88.6 Fibonacci percentage level and 61.8 fibonacci level on the daily chart as well.
we will be looking for a reversal today to swing this trade through out the week for a nice percentage gain.
Here we have GBPJPY on the daily and 4hr time frame, big bearish candle closed on H4 indicating further downside on this pair.
Before entering this trade i will wait for a retest before placing a sell order, if this par was to break the trendline to the upside the sell order will no longer be valid anymore.
Here we Have GBPCAD on a downtrend as we can see the breakout already happen we just need to be patient for the retest before shorting this pair, if trenline is broken the short order will be voided and we will be looking into buying into last time high.
AUDUSD Will be a short swing target with a
entry point of .7290
TP of : 0.7025
SL of : 0.7320
Risk to Reward: 1:4
TP: 265 Pips
SL: 50 pips
account size: $9,500 risking 2% using a .40
TP Balance: $10,560 (11.15%)
SL Balance: $9,300 (2.00%)