Long 7225 from dashed horizontal line Looking for measured move matching gold diagonal uptrend line Target 7315
Long 76.41 on possible 2x bottom try Needs to clear this weeks consolidation to work back to DTline then push through to S/R 78.50 area SL 75.81 TP 78.50
Contrary trade, but markets are confounding at least. No entry as of yet, watching for retest entry 131.50ish of this beautiful post Brexit wedge confluence Possible puch to 1st Green Tline @ 139.50 +/- 800p potential
Taking an early long entry 1.2975 anticipating Turtle Soup from previous two lows at GREEN line Targeting upper range of wedge 1.3250 ish
Short Kiwi .7250 Targeting the two green UTlines with first TP .6500 following down to ultimate TP .6066 @ RED star SL .7500 Practicing patience to see through to targets if moves in trade direction.
Looking for 100.63 post brexit support test/bounce Long 100.75 TP 102-102.5
If we continue with some risk averse action into weeks end, looking for GJ to lose this RED UTline and GOLD 139 support line with Targets 136 & 133.5
Companion short to my short NU position Kiwi been a tough one to short lately but what goes up
Test of post brexit major Tline from underside, looking for failure to 200ma 136 area
Short 7300 figure targeting .382 fib and support areas 7100
I use Tlines in my GJ setups and trade only from the 50 & 100 figures. These 3 major lines contained this retracement. Looking for return to midline 135.50