FX_Jeay

FX_Jeay

GU might break the channel to the downside before making its way up, considering the strong US data release yesterday, watch out also for continuation confirmation. Ideas: 1) Sell on a break of the channel, wait for a retest or confirmation candle. 2) Buy on a bullish confirmation signal ALWAYS consider risk management and Happy trading!

FX_Jeay

The pairs broke back into the descending channel yesterday, likely to continue downward to daily dynamic support, from which we can look for buy position. Currently within an ascending triangle from which a break will indicate possible long term bullish trend. Ideas; 1) short term sell scalping, with a tight stop loss. 2) wait for a retest of daily support and...

FX_Jeay

The pair is currently trading in an upward channel, likely heading to retest the lower channel trendline which has been a valid support, before going up. Ideas : wait for the retest and confirmation on a Lower time frame, set stop loss 5-10pips below channel. Manage your risk and Happy trading!!!

FX_Jeay

Retest gives us and opportunity to go short, look for confirmation and entry on lower time frame, next support at 1760.09 a break may confirm more bearish trend.