Expecting a retest of the newly formed support before pushing higher in the current bullish trend.
UC - Long. Bullish reversal shown on lower timeframes. Overall Bullish pair in an oversold position.
Continuation of bullish momentum. 1st TP trade shown. entering this pair for a 2nd time this week. i trade 1:2 max. yes i could get better risk/reward but its a profitable strategy for me that locks in profits.
Monitor this pair. If see we a bounce on the bottom support, swing long opportunity.
Retest of support it pushed below. then continue downwards in the bearish market.
Trading in a range on the daily. break out past resistance and retesting support. Going long at this level, expect it will take a few days to reach TP. JPY weakness across the board.
Entry on 5m. break past a small support, expecting a retest of the 1.38 zone before it return to its bearish path. 1:2 and 1:5 risk shown.
Short - downtrend, wait for 0.61 fib rejection if we can reach that as an upper resistance.
GBP/JPY onto a strong downtrend, rejection candle at 0.61 FIB.
Nice Entry opportunity on a long positon here. GBP showing bullish momentum
Running 200 pips, expecting a pullback to my first target and then extension to full TP. First chart ive posted in a few months, been focusing on learning and mastering this longer term swing, which suits my part time trading lifestyle. Let me know your thoughts
Patience on this one, looking for a good buy to continue elliot wave
GU - either sell the retrace or my preference is to wait and buy on 0.5-61 fib level to continue the bullish trend.
Daily - Possible reversal. 5 Elliot Wave on 4H charts, testing major support.
After this mornings GBP short bull run, it looks to to be turning bearish again with this pair. Long term swing back down to low 1.3 levels
Opened earlier, not too late. look for a good entry on 15m. Long term swing on this one.