RenkoMaster

RenkoMaster

Clear downtrend, rejection at lower high.

RenkoMaster

Yen is clearly becoming overvalued post Brexit. Currently, the situation appears to be working itself out into another risk on recovery which indicates future yen weakness. On the 2H chart, we are at a downwards support line that is bound to act as a strong buffer against further USDJPY weakness. Look for indications to buy and good luck.

RenkoMaster Updated 

Good luck

RenkoMaster Updated 

Proper money management and trading methodology gets you far.

RenkoMaster

AUDCHF going way, way down. I plan on getting extremely high RR, and hence profit, on this trade if it comes to fruition.

RenkoMaster

Stop at 1.4580

RenkoMaster Updated 

I believe that EURJPY has bottomed for the time being is in for a pretty good multi hundred pip move. I am already long for an indefinite period with a stop just below 123. GOOD LUCK

RenkoMaster

Just some ideas while I wait for high RR setups.

RenkoMaster

Lots of structure below. I would believe that this trade has a fair chance of working. 1:1 RR also makes sense.

RenkoMaster Updated 

SHORT AND GOOD LUCK. RR of 3 and could continue lower even.

RenkoMaster Updated 

Good RR, Good luck

RenkoMaster

Good luck

RenkoMaster

Lots of bearish potential. When it falls it will fall big. Good luck.

RenkoMaster

Double bottom w/ stop below Good luck

RenkoMaster

The market has, according to my own trading style, generated a triple top and currently is in a leg to the downside. I am targeting the .6610 area with a stop as equally big at the .6750 area, which has ample resistance. Furthermore this may be a start to a trend lower to retest the .6400 area. Don't miss out on it.

RenkoMaster

We will continue to see bearish sentiment on the GBPUSD pair, and I expect that it will continue down to the 1.50 area. Price is beginning to move into a wedge, so we will see in the future whether price decides to break out to the upside or more to the downside. Either way, I am short on this pair for now.

RenkoMaster

GBPUSD will most likely move down at this point. I would favor a short at this level, since OBV shows a very clear continuing trend downwards.

RenkoMaster Updated 

Let's see how it goes boys. 1:1 RR, 50% retracement target 50 EMA seems to be handily right at target region