AUDUSD Short Setup trade -MANY REASONS STARTING WITH MONTHLY TIMEFRAME 0.7740 MASSIVE RESISTANCE -0.7740 REJECTED MANY MANY TIMES HEAVY SELLING AREA -DAILY TRENDLINE BROKEN -TARGETS ARE FIB LEVELS -RISK REWARD GREAT -NO MORE THAN 2% RISK -BROKE AND CLOSED BELOW WEEKLY LEVEL OF SUPPORT NOW RESISTANCE 0.7560 -50 EMA BROKEN BEARISH ON ALL TIMEFRAMES -POTENTIAL HERE...
AUDUSD In a really aggressive bull trend here -Making significant HH AND HL -ABCD Structure in play as you can see -Bouncing on fib 0.5 -When it wants to this pair can really move -Broke the counter trendline and retested which is a great sign -Stops as shown -I have multiple targets -First target 76800 -Second target is the D extension -We have broken and held...
EURJPY has been in a downtrend for quite some time -Really aggressive moves including strong pullbacks -On the weekly timeframe we are seeing a lot of rejection around the 122 and not even been able to close below 1.24 -This tells me that theres some upward movement to follow -An aggressive trade would trade off the inner trendline you can see off the right -A...