textbook

jonathanwright jonathanwright PRO USDCAD, 240, Short , 7 days ago
USDCAD: Is this the moment we've been waiting for??
87 2 9
USDCAD, 240 Short
Is this the moment we've been waiting for??
It doesn't get much easier than this, USDCAD just broke and retested lower trend line & demand zone with tons of space to the downside. I'll be looking to enter once 1.31000 (psychological level) breaks again, with long term targets toward 1.25000 (approx 600 pips). However I'm being cautious with this though, ...
JB1FX JB1FX PRO GBPUSD, 120, Short , 11 months ago
GBPUSD: GPBUSD Short
49 0 0
GBPUSD, 120 Short
GPBUSD Short
Price has had a substantial daily pullback to 50% fib level Has now broken inner and outer TL's Shorts in play. Target 1 0% fib level.
remelthomas remelthomas GBPAUD, 240, Long , 2 years ago
GBPAUD: GBPAUD 4 HR LONG
43 0 0
GBPAUD, 240 Long
GBPAUD 4 HR LONG
TEXTBOOK SETUP. PULLBACK TO THE 38.2 FIB WHICH IS IN LINE WITH STRUCTURE LEVEL. AUD IS STILL FUNDAMENTALLY WEAK, THE CURRENCY NEEDS TO GO LOWER TO SPUR GROWTH SO PAIRING IT AGAINST THE POUND IS A HIGH PROBABILITY TRADE BECAUSE THE POUND IS THE 2ND STRONGEST CURRENCY AFTER THE DOLLAR. WE'VE HAD A TWEEZER BOTTOM AND ...
remelthomas remelthomas GBPNZD, 240, Short , 2 years ago
GBPNZD: GBPNZD 4 HOUR SHORT
63 0 0
GBPNZD, 240 Short
GBPNZD 4 HOUR SHORT
basic textbook setup. price has retraced into a key resistance level which also has 2 fibs lined up with it aswell (38.2% and 61.8%). double top has now formed and price has bounce off the Resistance forming a pin bar/inverted hammer. Target at the neckline of double top.
remelthomas remelthomas EURUSD, 240, Short , 2 years ago
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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