I am looking to go long on EURJPY. Printed a pin bar rejection candle off of support on the Daily chart, now looking go long. Waiting for a retest of the previous resistance on the 30 minute chart to see if previous resistance holds as support. Very good risk to reward ratio.
Hi I am looking to short USDCAD as I am looking to see some temporary weakness in the USD. So I will wait till the LONDON or NY sessions to look for shorts. If price breaks above resistance then I will be looking for retests of the new support level to go Long.
I am looking to go LONG on AUDUSD as I am looking at AUD strength on all pairs. Being that it is Sunday I will wait until tomorrow's London or NY session to see if I want to go LONG or not. If price happens to break passed support then I will for a retest of the new resistance level before entering short.
Hi traders I am waiting for a retest of previous support to see if it holds as resistance before looking for rejection candles at that level then I will be going short. If price does breakout to the upside then I will be looking for a retest of the new support level before going long.
Hi traders, here I have an opportunity to go short on NZDCHF. My reasoning for this SHORT trade is that price is approaching resistance at around the 0.67400 level. Here we are already seeing price rejecting that level off of the 4 hour chart. I also placed the FIB extension on the DAILY chart and see that the resistance level that price is currently testing is...
Hi Traders, I am entering a LONG Position on CADJPY. My reason for doing this is because the pair is currently resistance the weekly support zone at 82.300. Also there is a pin bar rejection candle on the 4 hour chart which is my signal to go in. I am going for a 1:3 Risk Reward with a profit target of 170 pips with a risk of 50. Thank you for reading and happy trading.