USDJPY in a strong downtrend. The following news about jobless claims are worse than expected which should help the following trend. Sell the pullback level of 108.81 which is support also couple of times before. Thanks.
Reaching key resistance level of 1.5500 ,also daily pivot point , indicators confirming for potential sellers activity. Risk reward 2:1. Trade balance news for Australia get better than expected results , EUR unemployment rate news coming soon , expected to be worse than expected. Thanks!
The trade can be took on the doji bar now or waiting for bearish engulfing bar appear , mostly im taking trades at the doji to maximize profits. I dont expect much impact of the following news today , because they were not good for both currencies , so i think it will continue following the trend. Thanks!
Short eur/gbp , take profit on the first bullish bar or keep till hit TP. This is my first post here so im still learning how to do it. Cheers ..... Made a mistake , put the red and green area slightly later on the chart. The trade start from the first bearish bar.