I'm going to follow this downtrend channel to short EURUSD this week, trying to short, when the price is higher than this channel.
This trend target is 1.34 for me.
When this trend is broken with reversal pattern, i'm going long.
I have just bought 1.5 lots of USDCHF as two separate positions: 1.0 and 0.5
Buying price: 0.8915 and 0.8916
First target for 1.0 is 1.0000
Second target for 0.5 is 1.1195
Best wishes to those, who agree.
Despite many opinions, USDJPY triangle is broken long time ago already, and the 98.60 was the retracement to test it's borders. If this setup is correct, then the best time to sell is NOW at 98.50 price with the target of (holy shit) 90.50!
850 pips are waiting for you right here.