Sell below 88.83. Stop loss at 89.35. Take profit at 87.65. Reason for the trading strategy (technically): Price has broken a really nice ascending support-turned-resistance line triggering a bearish move. We prepare to sell below 88.83 resistance (Fibonacci retracement, horizontal overlap resistance) for a push down to at least 87.65 support (Fibonacci...
Sell below 88.92. Stop loss at 89.35. Take profit at 88.17. Reason for the trading strategy (technically): Price has dropped nicely from yesterday and we remain bearish below 88.92 resistance (Fibonacci extension, Fibonacci retracement, Elliott wave theory, bearish divergence) for a drop towards 88.17 support (Fibonacci retracement, horizontal overlap...
Sell below 89.31. Stop loss at 89.66. Take profit at 88.15. Reason for the trading strategy (technically): We prepare to sell below major resistance at 89.31 (Multiple Fibonacci extensions, swing high resistance) for a push down to at least 88.15 support (Fibonacci retracement, horizontal overlap support). Stochastic (34,5,3) is seeing major resistance below 97%...
Sell below 88.15. Stop loss at 88.60. Take profit at 87.52. Reason for the trading strategy (technically): We remain bearish looking to sell below 88.15 resistance (Fibonacci retracement, horizontal overlap resistance) for a further drop towards 87.52 support (Fibonacci extension, Fibonacci retracement, horizontal swing low support). RSI (34) sees long term...
Sell below 88.15. Stop loss at 88.60. Take profit at 87.52. Reason for the trading strategy (technically): Price has dropped perfectly from our selling area and has reached our profit target. We remain bearish looking to sell below 88.15 resistance (Fibonacci retracement, horizontal overlap resistance) for a further drop towards 87.52 support (Fibonacci...
Easy sell setup for AUDJPY. Going to the lower range and a chance on breaking it. Lower range is about 120 pips down. so when it gets there lock in 80 pips of profit by moving your stop loss and then wait to see if it breakout and goes all the way down to 85
Sell below 89.11. Stop loss at 87.52. Take profit at 89.61. Reason for the trading strategy (technically): Price is testing major resistance at 89.11 (Fibonacci extension, swing high resistance) and we expect to see a reaction off this level for a drop to at least 87.52 support (Fibonacci retracement, horizontal swing low support). Stochastic (34,5,3) has...
Sell below 88.26. Stop loss at 88.68. Take profit at 87.27. Reason for the trading strategy (technically): Price has reached our selling area and reacted off it perfectly. We remain bearish looking to sell on strength below major resistance at 88.26 (Fibonacci extension, Elliott wave theory) for a continued drop to at least 87.27 support (Fibonacci retracement,...
Sell below 88.26. Stop loss at 88.68. Take profit at 87.27. Reason for the trading strategy (technically): Price is approaching major resistance at 88.26 (Fibonacci extension, Elliott wave theory) and we expect to see a reaction off this level for a drop to at least 87.27 support (Fibonacci retracement, horizontal pullback support). Stochastic (34,5,3) has been...
wait for the break then long for a long time... swing trading could give good benefits here...
Sell below 85.06. Stop loss at 05.25. Take profit at 84.38. Reason for the trading strategy (technically): Price is approaching major resistance at 85.06 (Fibonacci extension, horizontal swing high resistance) and we expect a strong reaction from this level for a drop to at least 84.38 support (Fibonacci retracement, horizontal overlap support). Stochastic...
Sell below 84.70. Stop loss at 85.71. Take profit at 83.90. Reason for the trading strategy (technically): Price has dropped perfectly from our selling area and is fast approaching our profit target. We remain bearish below 84.70 resistance (Fibonacci retracement, horizontal overlap resistance) for a further push down to at least 83.90 support (Fibonacci...
Buy above 82.94. Stop loss at 82.54. Take profit at 83.66. Reason for the trading strategy (technically): Price has shot up and reached our profit target perfectly from yesterday. We remain bullish looking to buy above 82.94 major support (Fibonacci retracement, Fibonacci extension, horizontal swing low support, ascending support line) for a push up to at least...
Sell below 83.48. Stop loss at 83.93. Take profit at 82.80. Reason for the trading strategy (technically): We prepare to sell on major resistance at 83.48 (Fibonacci retracement, Fibonacci extension) and expect a strong reaction from that level to drive price down to at least 82.80 support (Fibonacci retracement, horizontal overlap support). Stochastic (34,5,3)...
Sell below 82.94. Stop loss at 83.22. Take profit at 81.92. Reason for the trading strategy (technically): Price has bounced off our buy entry perfectly yesterday and has risen strongly towards our profit target. We prepare to sell below major resistance at 82.94 (Fibonacci retracement, horizontal resistance) for a push down to 81.92 support (Fibonacci...
Buy above 81.90. Stop loss at 81.67. Take profit at 82.90. Reason for the trading strategy (technically): Price has once again dropped to our support level. We remain bullish above major support at 81.90 (Fibonacci extension, horizontal swing low support, bullish divergence) and we expect a strong bounce above this level to at least 82.90 resistance (Fibonacci...
Buy above 81.90. Stop loss at 81.67. Take profit at 82.90. Reason for the trading strategy (technically): Price has dropped perfectly to our buying area and bounced off perfectly. We remain bullish above major support at 81.90 (Fibonacci extension, horizontal swing low support, bullish divergence) and we expect a strong bounce above this level to at least 82.90...