Sell below 88.46. Stop loss at 89.21. Take profit at 86.69. Reason for the trading strategy (technically): Price has finally broken our ascending support and overlap support at 88.46 to trigger a strong bearish move. We look to remain bearish and sell on strength below 88.46 (Fibonacci retracement, horizontal overlap resistance) for a further drop towards 86.69...
Pending Long @ 83.70 Stop Loss @ 81.30 Target @ 90.00 RR Ratio @ 3.04 Trading involves substantial risk of loss. I'm just providing insight into what trades I'm taking.
Open order with %2 Risk Management Close Half at TP1, Stop to BreakEven Close all at TP2. Keep it simple. Cheers :)
Hi traders, I have my trade on break-even after we moved lower once the 1H candle closed (my entry is at the first spike, green candle) and now I am anticipating a break of the support area marked in orange. Once this breaks, I will lock in some profits and very likely add to a 2nd position, depending how everything forms. Be aware that trading Bollinger Band...
Hi traders, Bollinger Band Spikes give me the best trades but even if we have multiple spikes here, they are not valid for me. I look at the price action, the angle of the spike, previous support/resistance areas and so on. Taking every Bollinger Band spike blindly will get you in a lot of trouble. We also see a slight RSI Divergence. In this chart, I am waiting...
Pending Long @ 84.20 Stop Loss @ 83.70 Target @ 86.70 RR Ratio 5.0
Hi there, I have analyzed the AUDJPY on the daily and found three possible outcomes whereas all three point to the upside. Option 1 is that we are completing a regular flat and we are heading higher. Option 2 is that we are completing a regular flat on the bigger picture and we are moving higher. Option 3 is that we are moving much lower and then we will get the...
Buy above 85.36. Stop loss at 84.39. Take profit at 86.67. Reason for the trading strategy (technically): Price has shot up as expected and is fast approaching our profit target. We look to buy on dips above 85.36 support (Fibonacci retracement, horizontal pullback support, price gap) for a further push up to at least 86.67 resistance (Multiple Fibonacci...
Buy above 84.53. Stop loss at 83.57. Take profit at 86.67. Reason for the trading strategy (technically): Price has started to bounce nicely from our buying area and recent price action sees a bullish exit being triggered. We remain bullish above major support at 84.53 (Fibonacci retracement, long term horizontal overlap support, bullish divergence) for a push...
Buy above 84.53. Stop loss at 83.57. Take profit at 86.67. Reason for the trading strategy (technically): Price is starting to bounce off our buying level. We remain bullish above major support at 84.53 (Fibonacci retracement, long term horizontal overlap support, bullish divergence) and we look to play a bounce above this level to push price up to at least...
Buy on dips for a target to 88.39, stop below 87.52
Buy on dips for a target to 88.81, Stop below 87.79
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
We hope that our analysis can help you in your trading. This is an update for AUD/JPY, it is predicting for PRICE BREAKOUT. It would be a great idea to BUY on 88.824 and place your TARGET at 89.322
We see a correction of minimum 200 PIPS. We take Short position from the current level. Let's Watch !!
Sell below 88.83. Stop loss at 89.35. Take profit at 87.65. Reason for the trading strategy (technically): Price has broken a really nice ascending support-turned-resistance line triggering a bearish move. We prepare to sell below 88.83 resistance (Fibonacci retracement, horizontal overlap resistance) for a push down to at least 87.65 support (Fibonacci...