1:3

eagletradefx eagletradefx AUDUSD, 480, Long ,
AUDUSD: AUDUSD Break Out - Trend retrace trade (LONG)
17 1 0
AUDUSD, 480 Long
AUDUSD Break Out - Trend retrace trade (LONG)

Daily trend formed, after strong break out... taking the retrace trade on this bullish trend. Entry around 0.7625 Targets @ 0.7765 1:3 Risk reward

TheSupportResistanceTrader TheSupportResistanceTrader PRO EURGBP, 30, Short ,
EURGBP: SHORTING EURGBP AT RESISTANCE, FIBONACCI LEVEL AND "BROKEN FANG"
167 0 11
EURGBP, 30 Short
SHORTING EURGBP AT RESISTANCE, FIBONACCI LEVEL AND "BROKEN FANG"

The EURGBP0.18% has multiple times had trouble with the dashed blue line (both now and in the past, go the the 4hr chart!) but has recently broken through it and is now coming back up. We look to short it when it comes back into the 0.7155s again as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs. We are also ...

TheSupportResistanceTrader TheSupportResistanceTrader PRO EURCAD, 240, Short ,
EURCAD: Shorting EURCAD at important level and "Broken fang"
79 0 4
EURCAD, 240 Short
Shorting EURCAD at important level and "Broken fang"

The EURCAD has multiple times hit the important level of 1.463 (purple box) but has now finally broken through it. We look to short it when it retests this level as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs. Our stops go above the resistance box and I'm hoping to catch a 1:3 on this one as price should ...

remelthomas remelthomas EURUSD, 240, Short ,
EURUSD: EURUSD 4 HOUR SHORT
282 1 4
EURUSD, 240 Short
EURUSD 4 HOUR SHORT

textbook setup. Price has failed to break the 1.10 psychological barrier several times so this could be a nice level to go short with a nice 1:3 risk to reward. if price does manage to break out of this barrier then next resistance to look to get short is at 1.11294 which is also in confluence with the 61.8 fib level.

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