BinarySword

BinarySword Updated 

Price is approaching Resistance at 1.7848 There is some support around 1.77170 Demand Zone and potential exit at 1.76000 (TP2) and MAJOR Demand zone around 1.74500 (TP3) Entry = 1.78400 SL = 1.78900 TP1 = 1.77170 TP2 = 1.76000 TP3 = 1.74511 Risk vs Reward = 1:7.87

BinarySword Updated 

From the ATH, we can expect to see some pullback if 3330-3340 holds, which would indicate strong bearish momentum to at least 0.786 on the pitchfork channel (3147.2) Whenever an ATH is recorded it is not uncommon to see a 50% retracement off its lastest rally. WARNING: Trade with cation as we are also very close to the US Elections and it wouldn't surprise me...

BinarySword Updated 

RR = 1:3.27 but with TSL moves it to roughly 1:4

BinarySword Updated 

We're approaching Supply Zone now along with recent crossing of SlowEMA makes this prime for a drop. If EMA holds, Expect further to the upside (1.78160 range)

BinarySword Updated 

GBP/JPY Price approaching Demand Zone, expected bounce at 132.66 to 131.92 with around 600 pips gained.

BinarySword Updated 

GBP/CAD Price approaching EXTREME! Demand Zone expected Rise at 1.69000 with around 700-750 pips gained.

BinarySword Updated 

EUR/GBP Price approaching EXTREME! Supply Zone, expected drop at 0.92600 to 0.92500 range with around 300 pips gained.

BinarySword Updated 

Based on EMA's holding and weakness of US Dollar.

BinarySword Updated 

Based on the 1hr chart where a Bullish Pennant Pattern is forming, further upside is likely. While on Daily, the price remains in an Upward Trendline which is on its way to forming an Ascending Triangle which I believe has 1-2 more pushes to the upside before being considered a good SHORT opportunity. Price also remains above EMA on Daily + 4hr, while testing...

BinarySword

This is my 1st idea posting on TradingView so bare with me ;) So my prediction is that the bulls will appear briefly around Japan's news and the market will than correct itself on a strong bearish down trend and hopefully the bears will continue onwards post-Australia's news :)