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utsavroy utsavroy USDJPY, D, Long ,
USDJPY: USDJPY long setup ,D
57 0 3
USDJPY, D Long
USDJPY long setup ,D

Hi guys, USDJPY is forming a Flag Pattern on a daily and weekly timeframe. It was in an uptrends from 102.36 to 118.18 forming the pole of the flag and has retraced back 38% fibonacci level to a price of 111.363 which is a major support level. The stochastic rsi indicated that the retracement is complete and now the price is heading towards buy setup. Take profit ...

TanayUK TanayUK PRO GBPUSD, M, Short ,
GBPUSD: LONG TERM CABLE SHORT
56 0 8
GBPUSD, M Short
LONG TERM CABLE SHORT

Massive head and shoulders pattern on monthly chart. We may test all time lows at 1.05.

timmynorin timmynorin GBPUSD, 60, Short ,
GBPUSD: GBPUSD 1H/4H SHORT SETUP
73 2 14
GBPUSD, 60 Short
GBPUSD 1H/4H SHORT SETUP

Break of bullish trendline acting as resistance together with previous support levels also becoming resistance. +Fibo 61.8 who rejected the price going further up. I would like the RSI to be higher, but the above makes a case strong enough for an entry. Target - structure together with previous falling trendlines which could act as support. I will watch this ...

BOAFX BOAFX GBPUSD, 240, Short ,
GBPUSD: Short GBP/USD
50 0 2
GBPUSD, 240 Short
Short GBP/USD

After the UK manufacturing PMI slipped into contraction and the refferenum getting closer I expect to see the GBP/USD return to the downside. The technicals suggest a 50% fib pull back is on the cards and that is what I will use to enter this trade. Using above the 76% as a stop loss and the previous strong resistance level at 14400 as my take profit

BOAFX BOAFX AUDUSD, 240, Short ,
AUDUSD: Short AUD/USD
54 0 2
AUDUSD, 240 Short
Short AUD/USD

After mixed data from China this morning and Oil looking like a further drop is on the cards I would expect the Aussie the pare all its gains from last week which was mainly due to the recovery in Oil. We do have the RBA rate statment out tomorrow morning so I will be looking to lock in any profit with a break even stop loss before the rate staement is released. ...

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