Tag Archives: take profit

Buy Copper After reaching our previous profit this pullback up to the trendline happend. Now it is time for the last upward move before we may see a big break of this uptrend and great downward potential. TP: 2.713 SL: 2.597

Buy natural gas BUY NATGASUSD About to retest the trendline and create a wedge. First and second target given below: TP 1: 2.690 TP 2: 2.800 SL: 2.350

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

Sell US Dollar – Japanese Yen We just made a restest of the uptrend line (green one). Now we can go further down to hit the target and complete the wedge we are creating. This is an important support level. After we hit the target we may go up again! TP: 104.7 SL: 110.1

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