Anyone interested in Oil? It needs to close above the support line, but if it does then we have a really nice setup.
103 seems to be a pretty solid support and lots of room upwards:
SL: 101.90
TP1: ~107.00
TP2: ~108.00
TP3: ~109.00
Pretty good RRR. Let’s hope this will turn into a nice phat PB 
One more thing I wanted to add about the NZDJPY 4HR setup…
There was a recent double bottom which also provided some strength to the upside.
Who’s in this trade?
I’m not. I think I understand the reasoning of you guys behind this one, but for me as a newbie this one is just not obvious enough. I had my support drawn @79.800 and this (although nice) PA didn’t even come close. So I skip it because my lack of knowledge and experience, but wish the best for all that takes this trade! 
not a critic but what PA are you seeing here ? I do see it at a swing high but, for now, it is below the S/R
Yes it is currently below S/R, that’s why I mentioned that if it closes above, then it could be a nice setup.
But time will tell what it will be.
Man, the senior traders here were not lying…when these setups come, they really come in waves. The hardest part is choosing which one to take and which not to…
No, worries intraday trades are delicate.
NZD/JPY Support and Resistance lines
Can’t beat a 3 times touch down.
H4 Pin bar
I reckon trade is a go, however considering that recently that area was somewhat noisy ,in this particular case leaving stop loss behind support line is a smarter play.
The very best of luck!
Cheers
Agreed. My order was filled @ 82.094. First target is 82.34.
Do you guyz have a good spread on this one ? Mine is 8 pips, ridiculous !
Thanks for the additional explanation… the H4 part is a price flip right? First resistance, then support and afterwards it held? And now with the pin at the same area is making it stronger?
You the Man.
Sorry…deleting.
Please BC, spare us live commentary.
You are in it,leave it to the market, you done your job mate.
Cheers
I know, I’m sorry, shouldn’t have posted that. Just have a bitter taste in my mouth…I’m on tilt. I’ll chill out.
GBPJPY 12H looks really good. Hope it stays as is or even go up another 20 pips in an hour and a half !
All yen pairs this week have been making decent setups.
[QUOTE=“Piping Hot;539770”]GBPJPY 12H looks really good. Hope it stays as is or even go up another 20 pips in an hour and a half ! <img src=“301 Moved Permanently”/>[/QUOTE]
Great looking candle that is forming there, great catch! I’m not yet setup to view 12 hour charts but I was very curious as to what they were looking like. Thanks for the screenshot.
I am Kas looks like it got triggered last night.
S/R levels are zones, not precise lines. I think Johno has mentioned that before 
