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300pips

USDJPY 340PIP SHORT!Hello traders, today we have ourselves a lovely USDJPY short. This trade is currently within 10 pips of entry, I still believe there will be a head & shoulders formation however we may miss our entry on this trade by a minor amount of pips. Confluences: Structure Level Head & Shoulders formation USD Weakness & JPY Strength creating resistance With this trade we have ourselves a lovely R:R (Risk:Reward) of 1:11.3! This is a insane ration and definitely not one to miss. We have a 30 pip stop loss for our trade which is above the previous structure level. I have set 2 Take profit zones for this trade, The first profit taking area is at 180 pips at 109.13 Our second profit taking area is at 340 pips at 107.5 Please remember to like and follow for more ideas like this!
Short
by Pips-Collector
14
GBPCHF SHORT 300PIPS! Do not Miss This!!Hello traders, here we have ourselves a beautiful GBPCHF setup. This trade has multiple take profit levels with our first being at 170 pips! and our final take profit at 300 pips! Overall we have a minimal risk of 30 pips max for this pair which is above the previous structure level and I can also see a shooting star formation which indicates a reversal pattern. We are also expecting GBP Weakness and CHF Strength which will push this pair downwards!
Short
by Pips-Collector
EURUSD potential longEURUSD inversely correlates with the DXY, which I put a previous post up with some analysis of a potential big drop. This would align nicely with my set up on EU. My areas of interest are marked on the right hand side and I am seeing two potential entries for this move. Price is currently approaching a daily order block and when it reaches here I will be watching PA closely and finding an entry on this move when and if the opportunity presents itself. The first entry I see is at the ceiling of my order block, this lines up nicely with a weekly key level swell as the 61.8% fib retracement from the previous high. If price shows no signs of reversal I will then be looking for entries at EQ of the order block. The targets from the double top formed also align with this OB which gives us another confluence for potential exhaustion and reversal. If we do see a reversal here this would create a new higher low meaning targets can be for a new higher high, with my TP @1.2620.
Long
by andrewlickley
GBPJPY SHORT 300+ PIPS GBPJPY was travelling in an ascending channel however it recently just broke out of the channel to the downside. Price has been performing very nicely inside the zones marked on the charts. I expect price to rise up to the resistance area (142.800) it is currently underneath (142.1 - 142.8) where it will also touch the top of the new DESCENDING channel price has formed into for this rally down. If we DON'T see price go back up to the resistance area and we see a clear break of the support marked out at 142.100 we could see a sharp drop down to our targets, even travelling straight down outside of the current descending channel . MY TARGETS ARE AS FOLLOWS: 140.780 139.500
Short
by UnknownUnicorn2396129
A perfect Elliott´s wave in USDCAD 1hA perfect Elliott´s wave appears with the next Fibonacci retracements: Wave 2: retrecment 50% of wave 1 that indicates a deeply-hight rate price. It means that the wave 3 will be higher than the normal. Wave 3: More than 200% of Fibonacci´s extension, taking a wave 1 as a reference. wave 4: retracement 60% of a wave 3, shows the features of wave 4 and expects another high-rate price. Long position waiting for an extension of Fibonacci based on how long the wave 3 was. Two logarithmic spirals with origin in the equilibrium interphase, one of them clockwise and another one counterclockwise.   against time confirms with precision the end of the fall in price The MACD (5,35,5) shows shows the fall of the sellers' strength and the green color shows that buyers are going to take control. Finally, the Stochastic lines (14,3,3) and the relative strength index RSI (7,close) confirm the oversell and the next crossing, this confirms the change. We could get 300 pips.
Long
by JavierAlanHernandez
1