FX Trading Ideas...

Long positions above 1.4185 with targets @ 1.4275 & 1.433 in extension.

Alternative: Below 1.4185 look for further downside with 1.414 & 1.41 as targets.

 

Have you taken a position?

 

Yes, I am short...

Nice "shooting star" on 15min!

 

A wedge pattern on 15min EURUSD...

A break will probably give us a opportunity to run for a 100 pips

 

Short positions below 1.4245 with targets @ 1.41 & 1.4055 in extension.

Alternative: Above 1.4245 look for further upside with 1.4275 & 1.433 as targets.

Comment: as long as the resistance at 1.4245 is not surpassed, the risk of the break below 1.41 remains high.

 

Short positions below 1.425 with targets @ 1.415 & 1.41 in extension.

Alternative: Above 1.425 look for further upside with 1.43 & 1.433 as targets.

 

GBPJPY

Short positions below 159.2 with targets @ 155.75 & 154.65 in extension.

Alternative: Above 159.2 look for further upside with 160.5 & 161.2 as targets.

 

GBPJPY

Short positions below 155.35 with targets @ 154.65 & 153.45 in extension.

Alternative: Above 155.35 look for further upside with 159.2 & 160.5 as targets.

 

EURUSD

Short positions below 1.4225 with targets @ 1.407 & 1.4 in extension.

Alternative scenario: Above 1.4225 look for further upside with 1.4275 & 1.4325 as targets.

Comments: the RSI is mixed with a bearish bias.

 

GBPJPY

Long positions above 155.2 with targets @ 157.2 & 159.2 in extension.

Alternative: Below 155.2 look for further downside with 154.65 & 153.45 as targets.