Tag Archives: forex

Sell Great British pound (Pound sterling) – US dollar Can’t break 1.30, now waiting for a retest at profit zone or a bit lower. TP: 1.258 SL: 1.310

Sell US Dollar – Japanese Yen TP: 107.00 SL: 110.25

Sell Euro – Swiss Franc TP: 1.082 SL: 1.113

Sell Euro – Japanese Yen Big downtrend, hit downtrend trendline (purple) twice. Now we may retest the support and resistance zone around 119.0. TP: 119.0 SL: 121.225

Sell Australian dollar – US dollar TP: 0.671 SL: 0.694

Sell Euro – US dollar TP: 1.085 SL: 1.125

Buy US dollar – Canadian dollar TP: 1.352 SL: 1.302

Buy Euro – Australian Dollar Let the picture speak fot itself. We where in an great uptrend and created a sort of wedge which broke out in August to the upside. Now we pulled back in this wedge, but since the wedge is allmost completed I think there will be another break out to the upside soon. After we touched the upside we may create a new wedge. But if we break that new wedge I think the change is bigger we break out to the downside to touch the red line. But but but, that will be in about 4 years from now, the bigger picture… TP: 1.722 SL: 1.577

Sell Euro – Japanese Yen A little later posted than suposed to, but not to late! We are now in a small retracement which could go back up to the trendline so another change for a great entry. We are currently in a downtrend for allmost two years on this pair, the trendline holds good in all this time. Now we touched the trendline again, so a good opportunity to sell at this point. I think the downside of this downtrend is allmost in sight. The target may also be the long waited lowest low before we go up again up to 125 at least. But first: TP: 115.0 SL: 121.5

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