I’m looking at further downside movements on CJ towards 77.127 region, price has broken and closed below 4hour support 79.711, had the correction re test. Bounced off the 50.00% fibs (79.964) and also re tested the neckline of the H&S that has been formed. Final target 258P
EURGBP TRADE IDEA UPDATE I’ve been stalking EG for the past few days and the time has come to short! Our last high point on EG was sitting at 0.93243 with a long legged Doji, that indicates most times there will be a reversal in PA - but didn’t have any other technicals and confirmation to follow through with it. Then we closed below the monthly key level...
TRADE IDEA UPDATE EURAUD. Looking at this pair we have seeing price at a bearish view for the past few days creating LH and LL and I’m seeing price move towards daily support at 1.56792, That’s +140 pips away from price at now, we had a sell limit set but price has been struggling to push up so we deleted that pending order and went straight in, bigger stop...
Don’t be Impatient, don’t over trade, choose one of my ideas and just trade that one. Don’t trade all my ideas, ever. Always wait for the setup to complete. Don’t enter too early or too late because you suffer from FOMO (Fear of missing out). Forget making $1,000 a day if you are not making 10$ a day consistently. Less is More.
Trade at your own risk Don’t be Impatient, don’t over trade, choose one of my ideas and just trade that one. Don’t trade all my ideas, ever. Always wait for the setup to complete. Don’t enter too early or too late because you suffer from FOMO (Fear of missing out). Forget making $1,000 a day if you are not making 10$ a day consistently. Less is More.
Trade at your own risk Don’t be Impatient, don’t over trade, choose one of my ideas and just trade that one. Don’t trade all my ideas, ever. Always wait for the setup to complete. Don’t enter too early or too late because you suffer from FOMO (Fear of missing out). Forget making $1,000 a day if you are not making 10$ a day consistently. Less is More.
EUR/NZD Formed a double bottom on the H1 timeframe and has respected the 38.20% fibs level, looking at price to hit target at 1.65711
EUR/CHF has found a new support level on the H4 timeframe between 1.13051 & 1.13302 - Giving me a buy opportunity, so took the trade and went into profits :)
Sharing my analysis and what i know about the markets, views and posts shared here are mine and shouldn't be taken as financial advise. The Forex market is risky and there is a possibility that you can loose all your capital...
GBP/USD has tested the resistance line for the 4th time, this means a strong buy opportunity !