king_tailored

king_tailored

Head and shoulder reversal looks to breaking the neckine sell when Daily candle closes below 1.67190 sell short and take profit at 1.69418 which is near our weekly trendline support .

king_tailored

CHFJPY sell at market this is a trendline breakout and our take profit at support level 112.688 and stop loss placed at 116.282 goodluck.

king_tailored

EURUSD buy at price 1.16181 just below wave 4 with a stoploss of 1.14786 and takeprofit of 1.20954 this is not a perfect trade but the risk to reward ratio make it worth while, to sum it up I regard this as a 5 wave impulse and we buying the 3 wave ABC correction.

king_tailored

GBPUSD buy at trendline support entry at 1.316 this is where we will pay attention to price action, stoploss placed at 1.3040 with an upside target of 1.362 which is a previous high.

king_tailored

USDZAR SHORT AT RESISTANCE WHICH IS AT 13.627 WE WILL WAIT FORTHE DAILY CANDLE TO CLOSE AS EITHER A DOJI OR ANY TYPE OF EXHAUSTION CANDLE TO CONFIRM A REVERSAL THEN WE ENTER SHORT WITH A STOP LOSS OF 13.75 AND A TAKE PROFIT OF 13.176.

king_tailored

50 MA should act as support along with the downward sloping trendline, targets are around 112.820 which is a resistance base, stoploss should be a few pips above the highs, on the longer trend this could be a possible head and shoulder formation.

king_tailored

Above resistance provided by the trendline seems to be holding stoploss is 1292 and take profit is 1240 which below the previous support and towards our 200ma which should serve as support in a perfect world.Goodluck

king_tailored

GBPJPY is on a trendline support with a hammer formed on the daily chart, it may retest the 200ma with a stop hunt so stop loss should be around 141.380. Take profit should be placed on short term trendline as it may act as resistance .Take profit 145.535 Good luck.

king_tailored

Waiting for short selling on GBPAUD on upper trendline resistance, as downward impulse movement looks complete and we shorting on the abc correction, 200ma will also act as resistance. entry is on previous resistance of 1.6717 stop loss is 1.6871 and our take profit will be 1.6407. note we will note use pending orders we will wait for confirmation of candlesticks.

king_tailored

Short selling on previous resistance level and black dotted trendline, long term trend is to the downside displayed by the red trendline, for short term the stop loss is 1.7126 and take profit is 1.6202