UnknownUnicorn7990980

UnknownUnicorn7990980

a USDJPY short with minimal risk and a very high reward. our stop loss is at a price that hasnt been reached since 10th march 2017 & with a price correction it can go alot lower than our take profit using 0.5% risk on this trade in case it does break it can keep on rising further how ever if it falls as i think it will even with 0.5% risk it still returns a high profit.

UnknownUnicorn7990980

multiple rejections from price area plus it being close and previously rejecting daily price area could be a good sell down to next daily zone around 70 pips target

UnknownUnicorn7990980

as you can see here by the two circles it seems to have formed a doubly top position indicating a sell, it has also thrown a mild rejection at our daily zone so will be looking to sell down to our 4hr support area

UnknownUnicorn7990980

GBPUSD long idea however be aware this may drop down to the lower end of daily support zone before going long again

UnknownUnicorn7990980

im looking for entries short on the 1hr time frame on this pair, if you move to the 1D time frame you can see multiple higher rejections with yesterdays day candle showing a massive rejection to the highers so believe this pair is a sell now

UnknownUnicorn7990980

GBPUSD possible short idea , rejection on red price line and nice price action onto the short could get a nice short entry before going long again

UnknownUnicorn7990980

It looks asif GBPJPY could be forming a 'M' pattern so we have entered short on this and will be holding with a trailing stop loss of 25 pips

UnknownUnicorn7990980

this would be my perfect plan if GBPUSD was to break trend fall into a head & shoulders pattern what do you guys think?

UnknownUnicorn7990980

Here is my plan for USDCAD tomorrow , i will be looking to short to my supply zone around 80 pips i will then be waiting to see how it reacts at my supply zone before either buying it back to today's high or selling it down to a previous resistance level

UnknownUnicorn7990980

If USDCAD rejects my high level i will be shorting this pair with 3 take profits 1:1 / 1:3 / 1:5 again will wait for clear rejections of the high before shorting

UnknownUnicorn7990980

If GBPUSD rejects my bottom area i will be looking at buying it back up to my supply zone with 3 take profits of 1:1 / 1:3 / 1:5 will be waiting for clear rejections before entering