Forex Majors – BUY/SELL Orders – Intraday Market Entry
Forex Majors – BUY/SELL Orders – Intraday Market Entry
Entry / Stop Loss & Take Profit levels.
Markets: FX MajorsThe most recent “Forex Majors – BUY/SELL Orders – Intraday” article is continued.
Trades displayed in this article are well in the green, with SL’s at BE.Now is the time for the set-ups to truly show that the views and levels are rock-solid.
However, these are all market entries, therefore, caution is a must.USD indeed commenced the sell-off and counter-currency pairs should be able to gain against the greenback.
Impulsive bearish leg should continue for the DXY.
Dollar Index (DXY) Overview
DXY – 2H Chart (picture)
DXY labeled after a completion of a complex Triple Three in Minor B (red), with bearish Minor C (red) unfolding its first leg towards the sell-off.
Minute I (red) finalized and breached through the support trend-line, thus leaving room for Minute II (red) to unfold its sharp retracement towards the Fibonacci levels.
All this would leave us with Minute III (red) starting the expected sell-off at or around the above-mentioned trend-line, where a rejection would be expected.
DXY – 2H Interactive Chart
Forex Majors – BUY/SELL Orders
EUR/USD – 2H Chart (picture)
EUR/USD – BUY Orders
- Aggressive Entry @ Market Price (Approx. 1.1360)
- SL @ 1.1270
- TP @ 1.1500 / 1.1600 / 1.1700 / 1.1750 / 1.1850
EUR/USD – 2H Interactive Chart
GBP/USD – 2H Chart (picture)
GBPUSD – BUY Orders
- Aggressive Entry @ Market Price (Approx. 1.3100)
- SL @ 1.2875
- TP @ 1.3500 / 1.3700 / 1.3800 / 1.4000 / 1.4400
GBP/USD – 2H Interactive Chart
USD/JPY – 2H Chart (picture)
USD/JPY – SELL Orders
- Aggressive Entry @ Market Price (Approx. 111.00)
- SL @ 112.20
- TP @ 109.40 / 108.00 / 107.00 / 106.00 / 105.50 / 104.00
USD/JPY – 2H Interactive Chart
USD/CHF – 2H Chart (picture)
USD/CHF – SELL Orders
- Aggressive Entry @ Market Price (Approx. 0.9950)
- SL @ 1.0000
- TP @ 0.9860 / 0.9800 / 0.9740 / 0.9700
USD/CHF – 2H Interactive Chart
Commodity Currencies – BUY/SELL Orders
AUD/USD – 2H Chart (picture)
AUD/USD – BUY Orders
- Aggressive Entry @ Market Price (Approx. 0.7100)
- SL @ 0.7050
- TP @ 0.7240 / 0.7360 / 0.7450 / 0.7545
AUD/USD – 2H Interactive Chart
NZD/USD – 2H Chart (picture)
NZD/USD – SELL Orders
- Aggressive Entry @ Market Price (Approx. 0.6870)
- SL @ 0.6800
- TP @ 0.7050 / 0.7150 / 0.7250 / 0.7300
NZD/USD – 2H Interactive Chart
USD/CAD – 2H Chart (picture)
USD/CAD – SELL Orders
- Aggressive Entry @ Market Price (Approx. 1.3375)
- SL @ 1.3485
- TP @ 1.3200 / 1.3000 / 1.2820 / 1.2500
USD/CAD – 2H Interactive Chart
Safety Measures:
- Moving SL to break-even when in the green.