JL_Capital

JL_Capital

Next week's potential GOLD trade.

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AUDUSD broke the ascending trendline on 4-hour chart. Now in the process of retesting the trendline. After successful test, we may short this pair down to the 0.6100 area. Use proper risk management!

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Potential formation of Bullish Pennant.

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AUDNZD might correct for a while before continuing its current uptrend. We are waiting for a bearish candle here to consider short position for a 200-pip corrective move.

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This is a classic bull flag pattern. We are just waiting for the break to confirm its upside move. Figures are in the chart if you want to trade this pair. Use proper risk management!

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GBPUSD Manage to break 1.25++ area which is considered to be strong resistance. Next target will be at the 1.27++ level. Good R/R of 2.98. Refer to chart for the entry, exit, and SL. Use proper risk management!

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Price manage to respect the ascending trendline. Now targeting the 0.7090 area.

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Buy only after bullish confirmation.

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Long EURUSD, uptrend is still intact as shown in the chart.

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Levels are on the Chart. Use proper risk management!

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Intraday 120-pip trade.

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After bouncing from strong 8000 support, DAX will likely continue its ascent to 11000 level. Levels are on the chart. Use proper risk management!

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Sell: 1.0310 SL: 1.0360 (50 pips) TP1: 1.0138 (172 pips)

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Buy: 134.40 SL: 133.80 TP: 136.80

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Refer to chart for the Entry, SL, and TP. R/R 4

JL_Capital Updated 

Short idea: Sell: 1.1028 SL: 1.1100 (82 pips) TP: 1.0780 (248 pips) Risk/Reward: 3.11 Use proper risk management.

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Sell: 1.0256 SL: 1.0320 (64 pips) TP: 1.0040 (216 pips) Risk/Reward: 3 Use proper risk management.

JL_Capital Updated 

EURGBP: Counter trend analysis. Buy: 08750 SL: 0.8695 (55 pips) TP: 0.9050 (305 pips)