USDCAD short position, I have sold this pair for many reasons, one reason is that USDCAD has had a major sell-off for more than two weeks; has been forming lower lows and lower highs... Price has reached the 0.786 area @1.25680 and has shown major resistance, such as wicks and LL/LH on smaller time frames. USDCAD has also formed a double top that may indicate a...
XAUUSD Long - simple trade, break and retest risk tore wars is 1:1.
XAUUSD Short position, I entered this trade as price broke support 1839.000 zone this support zone will most likely turn into a resistance. Take profit is 1821.045. This trade is a 1:3 risk to reward and stop loss will be placed at breakeven after price passes 1:2 risk to reward.
USDJPY SHORT. I have entered this trade as USDJPY is on a downtrend and has formed a possible head and shoulders patten. The risk to reward ratio on this trade is 1:4. stop loss will be moved to breakeven when price reaches 1:2 risk to reward. Good luck.
USDJPY Long. price will most likely bounce from the 104.250 zone as it has previously done so.
EURUDS Short. I have entered this trade because price hit a key resistance level. I will take 75% of profits at 1.18711 and trail the rest of my open positions.
ascending triangle price will most likely break resistance. 1:3 risk to reward. stop loss will be moved to break even once price reaches 2x risk.
XAUUSD Short. price will most likely reject this zone as it has done so for the past 4 days. price is likely to reach 1875.800. I have a sell order on 1895.120. Risk to Reward ratio is 1:3. if price doesn't touch the 1895.120 sell order I will not be entering.
EURUSD Short, stop loss is at break even. 1:3 risk to reward. I entered this trade because price was creating lower highs and lows, I also used Fibonacci retracement to predict when price may drop.
Trend channel broke waited for retrace/resistance and entered with a 1:2 risk to reward. 50% of positions hit tp and I will be trailing stop loss.🏌️
gold broke previous structure, retested and resisted. risk to reward 1:2.