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Technical Set-up for GBPJPY

skyplus Posted 13 Gen  in #Trader's blog
Trend:Bearish
Momentum:Bearish
Outlook:GBPJPY is in perfect bearish trend after prolong upward movement.After touching 148 Level the pair is already down around 900 PIPS. Might we can expect some correction upwards before coming down heavily.
Trade idea:Enter short around 141 Level.With AL above 143 Level.AIm for 300 to 500 PIPS.
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Technical Set-Up for NZDCAD

skyplus Posted 12 Gen  in #Trader's blog
Trend:Bullish
Momentum:Bullish
Outlook:After prolong Downtrend look like NZDCAD preparing to go high either as correction or change in trend nevermind.If there is trade for taking let's grab it.In my opinion this price have bottomed around 0.9200 Level.I dont think that level is going to be broken in the near future.
Trade idea:Enter long around 0.9300 Level.Aim for 200 to 300 PIPS.Alternatively close below 0.9200 level will invalidate our set-up.
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Technical Set-up for EURCHF

skyplus Posted 6 Gen  in #Trader's blog
Trend:Range
Momentum:Range & expected bullish
Outlook:EURCHF still consolidating around 1.0700 Zone.This consolidation gives ur higher hope that the price getting ready to go up.Traders who are not yet Long can enter long.
Trade idea:Enter Long around 1.0700 & aim for 150 to 200 PIPS.
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