Hey guys, South African top 40 index looks like its reversing to the downside.
CHFJPY looks like it can possibly go up from the previous downtrend. The target is around a 1:2 risk to reward ratio.
SELL AUDJPY while its possibly dropping down to a previous support zone.
EURJPY could potentially drop in a long term down trend and this is just the beginning. I have placed an approximate 1:2 risk to reward ratio to accompany any slight retest to the upside.
EURUSD looks like a nice sell at this price point. Its due a rejection and can retest my upper zone in which I have placed a 26 pip stoploss, any further than that then my short idea is probably wrong.
SELL AUDUSD as it looks like it can make a short term correction down with a nice risk to reward ratio.
BUY AUDCAD for a nice long position. Risk to reward ratio is 1:2.3 with calculated stops and targets.
BUY GBPJPY for a nice buy trade position. Targets and stops are almost at a 1:2 risk to reward ratio.
AUDUSD looks like a nice buy but only after a bounce off one of the moving averages, ideally looking for a doji candle heading up. The risk to reward is around a 1:3 ratio. Targets and stops are at either support/resistance zones.