UnknownUnicorn689214

UnknownUnicorn689214

EURJPY look like an excellent breakout short due to the trend lines, and the stochastic RSI divergence with the price action.

UnknownUnicorn689214

Longing EURUSD based on trendlines. The red arrow represents a POSSIBLE bounce, but may not bounce down at all.

UnknownUnicorn689214

Bullish trendline, near bottom of consolidation zone which also is a strong support line, hitting fib level, RSI oversold

UnknownUnicorn689214

This short is from the top of the channel, SMAs are purely aligned for the downside, RSI pointing down from the top, overall great risk:reward.

UnknownUnicorn689214

GBPJPY is bound to retest the downward channel, as it did when it broke out of the bottom last time. It is also right on the 200 4-HR SMA, which is acting as a tough resistance, as well as the supply zone. My last short idea did hit my original stop, but I moved my stop up because I think this will be a huge move. As always, use proper money management

UnknownUnicorn689214

GBPJPY broke out of the channel due to brexit news, as the previous lower channel break shows, most channel breaks get retested and a lot of times, re enter the channel. Along with bearish SMAs Use Proper MM

UnknownUnicorn689214

Overall, EU is a long, but I think the bounce off the top of the channel is a worthy short! Entered at 1.056

UnknownUnicorn689214

Short term short. 1hr/15M

UnknownUnicorn689214

Bearish SMAs on 1hr (200hr>100hr>50hr) 50 and the 100 SMAs crossed over on the 4 hour. RSI getting towards overbought. See chart pattern