- USDJPY broke out a year ago
- Bull run took 9 months
- 3 month triangle consolidation
- 50 MA almost flat and above the mid-line (98) of triangle
- USDJPY is creating a base between 97-100 and ready to break out and continue the trend
Entry: 97.30
STP: 95.50
TGT: 103+
Risk/Reward ratio: 3.16
- USDCHF was created a range between 0.90-0.98 last two year
- SMA is flat for a long time
- Support level was tested several times
- SNB is commited to weaken further the CHF
Entry: 0.9020
STP: 0.88
TPT: 0.97
Risk/Reward ratio: 2.95
- Earlier short positions was closed heavily after the delay of QE3 tapering
- Consolidating in the top of the range
- Showing exhaustion
- Ready to fall
Entry: 0,8425
STP: 0,86
TP: 0,79
Reward/Risk ratio: 3
