FX:AUDUSD In this trade we can see a nice preceding bullish trend heading towards an area of resistance, next we see a nice pin bar candlestick which tells us that the bullish power might be transitioning to the bears. Confirmation is needed for me, so i executed a breakout entry below the low of the pin bar candlestick or also called Indecision...
Great opportunity here to long EURUSD -Bull trend -Really strong level of support here at the 0.618 fib retracement -This area is also a previous support level on a number occasions if you look left -Stops at the 0.784 fib support -ABCD structure possible in play here to. -This blue line has acted as major support 5 times on the daily TF - Great risk to...
AUDJPY Currently in a strong downtrend from higher TF -Simple trendline break trade here -Rules: break and close below on at least the hourly retest of the broken area of course rejection of that area -Apply risk/reward and money management -Have a couple of targets -Jump in Happy trading!!!!!
Made a lot of pips from EJ shorts recently think its time to long -A bit of channel trading here currently -Holding a major monthly key level 126.90 -We have bounced of this level previously. -We have a selection of rejection here shown with long wicks -Also a "double bottom" we broke slightly lower but its the close we look at.