There is potential short on Pound dollar right after price just False break out from resistant 1.5245. Price has retraced to 50% Fib. Retracement. We're looking for price starting to bearish and if it does, we're taking our profit on 1.515 for a 100 Pips. This setup has risk reward ratio 1: 2.
Another Setup to Short NZDUSD for a potential 80 pips down on TP. We would like to see price pressed down until it Hits Support on 0.6500, if support hold just TP right there, if its breakout just trail your SL until price hit Next target on 0.6465. Risk Reward Ratios is 1: 2.
Another Potential Sell Setup or Pair EURJPY. Risk Reward is 1: 3 on this setup. We're looking for a trend continuation here & short for 100 pips. Our TP is just nice on 131.05, just above Major Support 131.00. Aggressive SL is above 132.45 & Conservative SL is above 132.70's.
There is a potential +150 Pips Short Setup on GBPUSD. Based on our Analysis; price has completed retraced on 0.382 fib. retracement & Hopefully price will continue bearish. TP is on lower support level 1.5030 and if price breakout lower then, next TP should be 1.5005. This setup has a good Risk Reward Ratios, 1 : 4.
There is a potential short setup on AUDUSD. Price has completed Fib. retracement on 0.382 level & tends to indicate a trend continuation trade. Our next target TP is on 0.6975 (+90 Pips). SL is put just above the 0.382 Fibs, our risk reward ratio is 1: 4.