.618 Fibonacci retracement on the daily plus a head & shoulders pattern as well. Great trade with minimal risk and high reward. Looking to hold for about 240 pips. 💰5yr ⋅ jayytrades ⋅ r/Forex
This is a zoomed out view showing the head and shoulders on NzdCad and why I chose to buy where I did.5yr ⋅ jayytrades ⋅ r/Forex
Trade I'm currently in:. Floating 100 pips in profit currently AudNzd. This was a really great entry on this trade here. I analyzed the daily and entered on the 0.618 retracement and looking to ride it up to the high of the initial Impulse 😌5yr ⋅ jayytrades ⋅ r/Forex
EurAud follow-up. It looks like it played out nicely. What I seen was a new low being made and usually price will retest the previous low before continuing lower, which it did giving us a nice trade. I post stuff like this because I wanna help others learn what I know and vice versa. Let's discuss.5yr ⋅ jayytrades ⋅ r/Forex
For my Crypto people out there, Bitcoin has played out perfectly so far and reached my killzone. Now we pay close attention to how price behaves here. If the daily price closes above the trend line, I may begin scaling into this long position and riding hopefully to a new high past $14,0005yr ⋅ jayytrades ⋅ r/Forex