taidhgfx

taidhgfx

GBPJPY is over extended. Patient traders will wait for the market makers to manipulate, then they execute. Await the retest of the counter trend line, which is also the 61.80% fib retracement and right shoulder on 1hr time frame (also slightly visible on 4hr timeframe). Target the neck line of the previous inverse head and shoulders from the last bull run...

taidhgfx

Price has formed an inverse head and shoulder patter on the 4hr time frame. The descending trend line has also been broken and retested. There is however, an ascending trend line being tested as resistance at present. How price reacts around this area will determine the next move. I believe there will be a pull back disguised as a bear trap, just below the current...

taidhgfx

AUDJPY has been finding resistance around the 50% fib level from the previous high. There is also descending trend line resistance. My bias is short to the -27% fib extension just below 80.000, however a break either way and retest of the trend line should show the right path for this pair. Be cautious of market makers creating fake breakouts. Trade safe.

taidhgfx

Lost the last short from 1.35012. Obviously needed that last push higher. Wedge formation visible now. Let's see if we can catch it.

taidhgfx

GBPCHF Short - Potential 300+ pip Reversal

taidhgfx

GBPCHF Short - Reversal Trade