Potential move to the upside to previous pullback highs, we are in great area to look for pullbacks.
Buy EURGBP at market 0.7682 Stop Loss: 0.7643 (39 pips) Take Profit: 0.7745 (63 pips) RR: 1.6 Comments: Market Type: D1 is Bull Fast, H4: Bull Volatile, H1 is Sideway Volatile. ADX: 58 ATR: 80 Risk Reversal: Slight call EUR Price Action: Morning star at Fib 0.618. H1 price close above 1 SD Bollinger Band
Sell AUDUSD at Market 0.69125 Stop Loss: 0.6962 (50 pips) Take Profit: target 1: 0.6850 (62 pips) target 2: 0.6825 Comments: Market type: D1 is Bear Normal, H4 is Sideway Quiet, H1 is Sideway Volatile range. ADX: 29 ATR: 90 Risk Reversal: short term slight put AUD call USD Price action: evening star at resistant 0.6900, H1 price close...
Market might retrace to the 1865 level in the early European session. Support area: - yesterday's low -50% retracement on todays down move -possible short-term divergence building on RSI Watch out for this level as it could turn out to be a good shorting point for the rest of the day.
Short term trade opportunity. Likely to bounce off resistance here and snap reversal. Trade as posted gives better than 2.5:1 Risk/Reward
This is my first post, I hope I did this right! Sorry any for any mistakes and feel free to comment. Trade is in direction of current bullish trend. Cypher pattern to complete at point D, with stop loss 10 pips under point X and 1st target just below 38% fibonacci retracement (for a 1:1 risk/reward ratio) and 2nd target (not shown) just below 61.8% fib, for a...
A number of factors leads us to believe that the correction may have very well begun presenting an opportunity to short the pair.
This count expects that minor wave 2 is unfolding as an expanded flat correction labeled waves a, b and c with waves a and b complete and wave c unfolding to the upside.
Perhaps a bit late but still can grab a quick pips on this trade, if the movement is fast close to 100 pips possible.
EURJPY is getting rejected at the weekly/daily trend line resistance and is in a favorable position for a short with RR 1:1 as an initial target
Nice place to be short for a few days, looking for a bounce after in a good PRZ to achive again 123.6. 1. Short to 121.47 2. Long again to 123.6
This pull back is providing a nice risk reward ration of 1:2 for a long, if the pair pulls back further you can still get a good RR by extending SL to below 1.45118 and targeting 1.5475