GBPJPY Pennant LONG term opportunity wait for a good breakout& RETEST confimation before going long. place your stoploss below the support.
Looking to short the Cable around the 1.22514 area! TP: 1.22084 SL: 1.22676 Happy Trading, A.S
Whenever the market does not AT ALL act as expected, it is time to step back, cut the bias and have a fresh & adjusted look at the situation. As far as the ETHEUR chart is concerned, these are the results... The wick down on Oct 29th was as violent as it was useful on two different levels. First of all, it must be taken as reminder that a healthy risk management...
Here my idea of the double bottom.. this double bottom is on the previous support structure of the last weeks. i think this is a good oppertunity for some small pips. stoploss is 10 pips under the support structure. let me know what i can do better and what you think of this trade ^^. good luck.
The NZD/USD has reached one very low point. In this trendline he has reached the support line so it can be a long trade with a good target set on 0.67800 (resistance level of the higher low). But watchout for a breakout ofcourse!