Selling GBPUSD at the 50% retracement zone, has taken out STH in a liquidity grab. Weekly bias is a sell at least to 1.25250
Short winded analysis today as the entry is a slightly late
EURJPY BUYLIMIT Has been triggered and is currently running at just under +50 PIPS profit with 0 DrawDown. I’m taking first profits at 160 then holding the rest to the furthest TP (on my first EJ post). Updates will be in my group or on the other EJ post
I have been watching GBPAUD over the last few weeks, seems its bull run is now over and I am expecting a heavy drop. Starting on the weekly its clear to see its had a big bull run for the last five weeks after taking out a massive sell side liquidity pool. This week or next we should see it start to fall hopefully making one final bull run for liquidity above...
DXY is around the 50% retracement zone daily, also has entered and started to retrace from a big sell area, I believe it should reach 102 area ATLEAST, if it holds current level it could keep going up to 106.500 however I doubt this'll happen without reaching the 102 level.
I don't usually trade DXY I normally use for extra confirmation on correlated pairs.
Posted this as a signal to my group earlier, BTCUSD has been running bullish since December last year and I believe it has fulfilled bullish goal for now. previous Long term high has been taken out and immediately came back down into consolidation. I have entered at a nice little sell zone at around the 50% retracement area. Hoping for this to run to 30,000...
#EURJPY
BUY LIMIT /158.965
SL 157.750
TP1 160.200
TP2 161.700
TP3 164.590
An idea posted into my group as EJ continues to grow higher following trend and is on its way to grab some sell side liquidity
Gold has taken out the previous daily high (liquidity grab) and has now started falling. I’ve entered from the top and will wait for a retracement to the 50% range for my second entry.
