price in range inside the rectangle for the time will look to buy on break out from up side of the rectangle and short on break down of the rectangle long trade target at 139.87 - 140
Short on break below rectangle and long on break above short target 1.6201
price currently near by support area previously was resistance i would short on break of rectangle at 128.64 or long on break of 129.18 short target 128.44
would take short trade on close below 140.40 target 140.22 near resistance is at 141.040 support at 140.40
price is moving sideways for the time i will be looking for a break in one direction to go long or short see arrows on chart for direction
so we got a long on GBPAUD now lets see how it will push up from the blue trend line or should it go back below it if price test trend line back and move up will stay in long
in overall the price is moving down but i will be looking to long on price reaction from yellow rectangle as on chart
waiting for price reaction on rectangle box for short or long entry take in to account today UK inflation report
i will be looking to go short on break of rectangle targeting point D of Bat and long from point D
I personally expect the price on GBPJPY to drop till 135 in coming few days therefore I will be looking to sell on break below 136.55 with SL at 137.16
i will be looking to short on cross of 137.34 with SL at top of rectangle Target 1:1 Ratio
i will be looking to sell if price cross the bottom of green rectangle with SL at top of the same rectangle and i will be looking to buy if price cross top of blue rectangle with SL at bottom of the same rectangle Targets always 1:1 ratio
i will be looking to buy from cross of 1.0920 SL at 1.0900 Target 1:1 Ratio
i went long on this pair from .7610 SL bottom of the rectangle target 1:1 ratio
i will be looking for Buy on cross of rectangle top SL will be bottom of rectangle Sell on cross of rectangle bottom SL to be determined later TP 1:1 Ratio
looking for buy opportunity on cross of 1.08394 with stop loss @ 1.08116 target 1:1 ratio with money management to move SL in profit area
the two options are clear from chart 1- i would sell on break of yellow rectangle are 1st target 1.63821 if it continue 2nd target would be bottom of blue rectangle 2- if price hold on yellow rectangle i would buy if we have cross of 1.64393 SL 1.64154 target 1:1 ratio Note: if price break the blue rectangle to down i would sell with SL at 1.64156 target 1:1...
buy on cross of 1.24097 SL at 1.2386 target 1:1 ratio book first 50% of profit by moving SL