CHFJPY SHORTGreat resistance bounce followed by a triangle breakout on the lower time-frame (H1) giving us a good short opportunity with good risk to reward ratios.
I have placed 2 different trade setups on the chart one with a wider stop-loss and take profit which gives room for any retracements which may occur. The second setup has a tighter stop-loss and is more for those who do not like holding positions for too long. Remember though, the tighter the stop, the more likely it is to hit
Fxsignals
DXYVery bullish weekly structure forming for the dollar.
I am waiting for the resistance break out which will allow us to move to the 100 dollar psychological region that was recently tapped.
If this region is able to hold we might have a beautiful head and shoulders pattern. Chart updates will be given as the candles reveal the markets intentions.
GBPJPY Starting to diverge - Probable bull exhaustionHi guys,
I've been lurking on this pair for a while, insane volatility !
Anyway, it seems that oscillators are starting to diverge.
It's a bit risky trade because fundamentals on GBP can switch really quick.
Manage your stops and risk, and be patient. We might see another small leg up before a strong and huge drop !
GBPUSD correction doneI had a bearish bias for this pair, but if EMA100 hold (1hour to finish current candle + 4 hours to see where the next one heads to), we can expect another leg up !
BUY : Now
SELL : 1.33 (or higher depending on the impulse strengh)
STOP : 10 pips below EMA100
Key points to watch : Next candle direction, and tomorrow US Payroll and Employment report
Feel free to like to support me if you made a bit of money on this ;)
Eurusd move to 1.1280 But....Today's trade advice is buy from 1.1315 and sell from 1.1335. if the pair breaks any of this level than you have to close the position.
In general below 1.1370 Trendlinde resistance EURUSD wants to move to 1.1280 but as we've seen today. Bulls are very strong at 1.1315 point.
That's why beware for a pull back till 1.1370 level.
$EURUSD - Last Gasp Before 1.10's - The BIG SHORT!If EURUSD cannot break out and close above this range,the one weve been in for 100+ days; i think it will finally crack to the downside and open us up to a big short opportunity.
Taking short position at OTE of last swing, targeting 1.10xx
Pay-tience with this one
$GBPUSD - Adam, Eve, and the OTEOn the left we have a *potential* Adam and Eve formation.
Pretty textbook looking: prntscr.com
Im by no means an expert on this pattern so if i am wrong someone please inform me in the comments below.
Will be placing a long at the OTE of our most recent swing, targeting the top of this range @ 1.319 - but will watch for continuation to 1.34's