USDCHF 4H chart shows the pressure of selling in the condition of over bought,So a very good idea to short USDCHF now with a potential opportunity to get the very top with a very good risk to reward ratio.
Entry 1.0007
SL 1.006
TP 0.98500 or one position with strong bullish candlestick.
USDJPY formed a very valid setup to go for long.Weekly and monthly chart also support it.So basically this setup is going to make money I believe for me and for any of them who follow me.
GBPJPY 30m char formed a strong buy setup.Bought 3 position at 149.419 with stop loss at 149.149
Take profit point for two position is at 150.000 and for the last position 150.4000
Risk to reward ration is 1:2 for the first two positions and 1:3 for the last position.
Pretty good setup I believe
GBPJPY formed a strong setup.A setup that should make real money to trades.
Opened 3 position of whose stop loss price is at 144.228 and take profit price for two position is at 172.172 which is more than 1:3 risk to reward ratio.
And for the last position take profit position is at 199.9937 which is about 1:8 risk to reward ratio.
Sold 3 position against USDCAD where stop loss for all the 3 position is 1.31713.
2 position's take profit is at 1.16000 which is more than 3 times of SL that makes the trade 1:3+
The position will be taken as profit at 1.06000 which is more than 1:6 risk to reward.
Pretty go accuracy to be realized.
USDCAD formed a relatively strong setup.Chances are price is going to go down at least until 1.160000 where is our take profit of two position and the last take profit would be at 1.060000 which would be like more than 1:6 risk : reward.The setup is nearly 80% accurate depending on my judges.
Could be wrong as well as this is not the best setup.
