We have a few existing positions at the moment. Our portfolio includes AU200, SPX500, NAS100, JP225, HK33, EURGBP and EURJPY. These trades will likely be held for a few days. Some trades have correlation with each other, it is something to be taken note of.
On daily chart, AU200 is supported by 200SMA. Looking at the 4h chart, we can observe a bullish candlestick pattern which was recently formed. We are bullish at current level with take profit at recent high, which is at 5695. The risk reward for this position is 1, hence it is not that favorable.
It seems like SPX500 just had a bullish candlestick pattern. We are bullish at current level with take profit at 2128 while stop loss is right below pin bar candlestick. 2130 is a strong resistance since price failed to break above for the past few times.
Price is supported by month long trend line. At the same time, it is also supported by 4h 200SMA and we identified bullish candlestick pattern. We are bullish at current level with take profit at 20845. Risk reward for this case is 5.5.
We identified bearish pin bar signal coupled with bearish engulfing candlestick pattern. We are bearish at current level with take profit level at 0.695. Risk reward for this case is 2.5.
The future belongs to those who believe in the beauty of their dreams.