It's not Monday yet, so let's see what the open brings. In any case. I await the break down. Maybe some pips to be made with the buy before that in an ideal world.
Entering long here. Tight stop. Good morning. 2early4me. Need Irish whiskey to wake me up some. Enjoy. Lets make some pips.
A break of the current channel and yellow trend line will be my short entry. A solid break above the green line will be a good long entry. I have a long position open already from 1.16 so I have moved SL to 1.297, just to squeeze some more profit out if it bounces now inside the channel.
Should be safe enough. Take profit at 108. Half somewhere in between for funzies. I don't apologize for indicator clog. I like my charts being wide and horizontal. Need to add lots of indicators to squeeze it into widescreen mode.
A likely move to yellow zone. Below yellow zone is bear party.
1.04 TP1 1.08 TP2 Stop loss already at BE because I entered before I remembered tradingview.com existed.
Looks like a good place to sell again. I personally will be waiting until after brexit event to open any new trades though.
Bought my position at 1.138. Will add another long if it tests the bold white line again. TP 1.16 and 1.18
If close above then enter the happy zone. Sad zone is in the opposite direction
Sell will be triggered when it price crosses 1.462
Sell if break is confirmed on 1h chart. If not, wait for the price to bounce off of 0.7684.
But sometimes also chokes and dies quicker if it's a fake trick worm. Huh? Going long on USDJPY. There is nothing positive for JPY right now.
Good chance to make some profit on this. Let' see what happens. Have a nice day.
Easy stuff. Divergence, overbought and ready to claw at this pair with the bears and make some profit. In the long term I have long positions still running and will be adding more. Trade safe and have a nice day.
Waiting for break tonight. Should be up, but it's best to be prepared.