xzanatix

xzanatix Updated 

Hey everyone! Just making a quick post as I have noticed a significant amount of ideas saying that audjpy has broken out to the downside. But, have they considered all possible lines of support? No. 2 Key things here: Firstly, If we reconnect the support after the lowest spike, we find ourselves having a nice support, which audjpy has not yet...

xzanatix Updated 

Hey guys! Quick Analysis here on audjpy. A couple of key supports that we can look for buy opportunities. TP approaching 70.7.

xzanatix Updated 

Short stop loss, 8.5:1 trade - short

xzanatix

Retest of Major support - probably going to bounce off the horizontal, low chance it will break (but still can). OANDA:AUDJPY

xzanatix

GBPUSD - short idea.

xzanatix

Entry on AUDJPY, as it was rejecting the support, so we went in with a small stop loss with larger profit targets. Let's see if it holds!

xzanatix Updated 

FX:AUDJPY - possible short trade - 2.25 risk reward

xzanatix Updated 

GBPJPY presenting multiple trading opportunities. A nice channel to trade has been shown, as well as there being breakout potentials. Keep eyes open.

xzanatix

We are currently looking at EURJPY, with a possible short setup, looking for some rejection off of the resistance. If it breaks through there will be no trade. However, if we see rejection and confirmation, we will short this position to the support line. Risk/Reward - 5.02

xzanatix Updated 

As seen on the previous 2 ideas, we have had our rejection, our confirmation (which I already traded on M3 and took profits). We are all systems go for this trade. However, always maintain an appropriate risk, and do not take my advice as professional information! Goodluck.

xzanatix Updated 

As we have seen on the previous DAILY "Potential Long Position", our analysis is being verified, and looks as if the long position is ready to take. Once again, you may have to look at smaller time frames to seek a better entry. Overall Trade Quality - Good

xzanatix Updated 

Aud/Jpy - potential long position, found nice support. We are keeping our eyes open to see if there is a potential trade to enter.

xzanatix Updated 

A Quick Daily Prediction based off support/resistance and key horizontal levels for exit - Risk/Reward = 2.15. Note: Wait for a retest before buying. However, if middle support is broken - invalid setup.