Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential short position for at-least 200 pips.
I'll post a weekly chart, It has a potential to go up and then it will go for another down move.
.TP & SL are mentioned in the chart.
Adjust your Stop Loss according to your lot size, account equity ,strategy & money management.
***If you want to get in this trade from this point or 106.200, you can still catch 100 pips till TP1 is reached, however there is still a possible move up towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go short right away & manage your stop loss accordingly.
Good Luck.!
* This is my personal view and analysis on this chart. If you follow this idea please plan your trade according to your lot size and account equity .
Don't forget to like, If you like my analysis :)
Trade ist aktiv
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As Titled - USDJPY -Short Position -Atleast-200-pips
Entered at 107.480, Partial Closed at 105.750 - Earned 173 Pips :)
Close Partial Position or Move Stop Loss to BE or Preferably 85 Pips Profit, if you want to continue with the trade...
Good Luck !
Don't forget to like if you have followed this idea and made a profit. :)
Kommentar
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205 Pips :)
Kommentar
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104.990 - 249 Pips :)
Trade geschlossen: Ziel wurde erreicht
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TP-2 Hit - Entered 107.480 , Closed @ 104.000
Earned 348 Pips.
Don't forget to like if you have followed this idea and made a profit. :)
I picked up this one after seeing your post, but I closed my position a bit earlier, I took 100 pips out of it , but I'm happy.. Thanks again for your great analysis.
Jaffery
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I'm glad you still managed to get some good profit Jack...
Give_me_Fuel
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Very good work
Jaffery
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Thanks..
Give_me_Fuel
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Dear Jaffery, how do you think about xauusd price action? For a few week, thank you.
Steve364
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Jaffery I really appreciate your analysis every single analysis of yours works out really good as per your mentioned targeted profits.keep posting your charts :)
Jaffery
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Thanks Steve, really appreciate your support, I just try my best to help people make money. :)
Jaffery
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Bro I don't trade metals, but as per my analysis there's a possible move up and It may cross 1400..before that It may come down 1310-1320, if it breaks that It may even go lower to 1270-1295.. On a bigger timeframe. There is also a possibility that gold may go down to 1100s before that it should touch 1400.I hope this would help. It's better to wait for a right level and go for a long position because the target is still not hit.