RISK REWAD 4.8 PROFIT 490 PIPS
Personally, I'd wait and see if it pushes past any of the orange lines I gave, if they do, wait for the next one. Buy Long: 111.740 Stop Loss : 110.330 Sell Target: 114.260 Sell Target 2: 117.900
Exclusive trade made for the FXE Chart Markup webinar that I lead. If you're interested in live trading webinars with me, let me know. We catch some pretty great trades! This one literally went into profit in 2 minutes.
EURCAD has broken a consolidation level. We should see a bearish scenario in the next week.
Simple short idea. Watch for a pullback to the 50 - 61.8 Fib retracement and then a bounce back to the upside.
Good commodity prices like iron ore and strong economic data have carried the aussie dollar over the past couple of weeks. We can expect a good pull back as we move into a well respected technical zone, confirmed by a head and shoulders formation indicating some exhaustion. We may see the market move side ways as all eyes are on the US jobs data later this week.
I believe that eur_aud will continue to fall. Price rejected my fib level 38% level and then price started to fall hard. With continuing bearish movement. Also my MA's crossed over to the downside for added confirmation that price will arrive at 1.3250.
C TO D LEG SETUP TO FINISH FOR GARTLEY PATTERN LOOKING TO SHORT AT END OF D LEG NICE FIRST PULL BACK WITH 61.8% RETRACEMENT AND SECOND PULLBACK WITH 50% AND THE FACT THAT 78.6 AND 1.272 LINE UP SO NOICE SEEMS LIKE GOOD GARTLEY SETUP
SL - 1.45420 TP - 1.43354 Over 9:1 Reward Risk May move stop closer to 1.45946 Feedback is appreciated :)
This trend is going very bearish for the momentum .
We have broken out of downtrend structure on GBP/JPY Im expecting simple ABCD patter to 128.500 as we retraced to the 78.6 fib level Multiple structure breaks and higher lows/ higher highs as moving averages are pointed to the upside. Happy Trading and Thanks in advanced!!!!
A 40 to 50 pip short opportunity has possibly emerged on EURUSD Another bearish 4h candle is needed to provide ample confirmation for a short, however. For now, this is on my watchlist only.
Hello traders! My EURUSD analysis is on a long. I'm looking at the critical 1 month low trend line, mixed with the weekly trends lines to create the triangle target zone for the next target area on the EURUSD. Wait for the reversal validation or last kiss above that buy area zone and eat the pips the market offers :) Last week we had an awesome 180+ pips...
My analysis is on a strong NZDUSD Buy! We already see it showing a bullish start on that entry zone and with those trend lines going for the past week, we can get a clear message of the support line. Next we can see where the bullish will have a reversal/resistant down based on that month trend line or at least this where I see a good area to TP and wait for...