lets see if this support hold's a really nice R:R i will be looking to take some profits around the 50-200 day ema's my main TP is above that which i've got using the fib retracment on the last drop
the jpy index has dropped through a support i was watching im still looking to short this pair but im going to wait for the first pullback/after that trend line has broke were currently at the 0.78 fib on the bigger picture
going to be adding some positions on the retest of the trend line had a clear double bottom as long as oil prices don't fly up like last week this will be a nice trade going to target the 200 ema
i'm going to be watching to see if we get a rejection off the o.78 fib following that ill be watching to see if that trend line breaks then ill be going short first target last low majority of jpy pairs look set up for jpy strength
first try went over 30 pips in profit so i moved stops to entry going for a 2nd try with the same target big surge in oil prices on the n.y open
made an entry onthis pair this moring going to target the 200 day ema bounce off the daliy support
looks like bullish structure is starting to form on lower time frames aiming for last highs as a target bouncing off the 200 day ema may take some profits at the 50 day ema my tops currently on the 200 day ema
looking like a nice set up here had a clear double bottom just retraced 0.78 since the push from that i'm looking to get in if we get above that down trend on the re test 50 day ema also coming into play on that re test the 50 is above the 200 but i'd still like price above the 20-0 before i go long all this weeks posts attached
won't be taking this myself but looks like a nice set up 👍
just under the weekly support indicators are showing oversold targeting 200 day ema and a weekly resistance area
broke that down trend on the daliy and how now retraced to the 0.78 area first target 200 day ema 2nd is next resistance
going short off the 0.70 fib level and the 50 day ema target is the last low
perfect set up shared yesterday taken some profits stop to entry on the rest
still got some sells running but i'll be looking to add more around this area to then try and ht the 200 day e3ma
short day trade idea on gold best entry after that trend line breaks
dollar index doing a head and shoulders on high time frames fairly tight sl on this trade 2 trades from last week finally in profit :)
I've gone long on this pair a nice support area from early 2020 im going to aim for the 50 and 200 day ema's as my tp's this pairs been very bearish this secound half of the year so im using a tight stop loss