Still a lot of space to go long on daily, with pullbacks at fib levels as you see.
Cup and Handle Stops and Targets
A profit target is determined by measuring the distance between the bottom of the cup and the pattern’s breakout level, and extending that distance upward from the breakout. For example, if the distance between the bottom of the cup and handle breakout level is 20 points, a profit target is placed 20 points above the pattern's handle. Stop loss orders may be placed either below the handle or below the cup depending on the trader’s risk tolerance and market volatility.
Read more: Cup and Handle www.investopedia.com...s/c/cupandhandle.asp
Cup and Handle Stops and Targets
A profit target is determined by measuring the distance between the bottom of the cup and the pattern’s breakout level, and extending that distance upward from the breakout. For example, if the distance between the bottom of the cup and handle breakout level is 20 points, a profit target is placed 20 points above the pattern's handle. Stop loss orders may be placed either below the handle or below the cup depending on the trader’s risk tolerance and market volatility.
Read more: Cup and Handle www.investopedia.com...s/c/cupandhandle.asp
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EURNZD top positive correlation
Look for LONGS 400 pips on daily for those pairs ---- BUY
CHFSGD 88 percent correlated with EURNZD
EURZAR 87
USDZAR 81
EURTRY 80
EURSEK 78
EURAUD 78
USDTRY 78
US500 74
EURNZD top NEGATIVE correlation ----
LOOK FOR SHORTS 400 pips on daily for those pairs --- SELL
AUDCHF 88 percent
NZDCHF 88
AUDSGD 87
CADCHF 85
AUDUSD 80
USDCHF 80
XAGEUR 78
ZARJPY 77
Look for LONGS 400 pips on daily for those pairs ---- BUY
CHFSGD 88 percent correlated with EURNZD
EURZAR 87
USDZAR 81
EURTRY 80
EURSEK 78
EURAUD 78
USDTRY 78
US500 74
EURNZD top NEGATIVE correlation ----
LOOK FOR SHORTS 400 pips on daily for those pairs --- SELL
AUDCHF 88 percent
NZDCHF 88
AUDSGD 87
CADCHF 85
AUDUSD 80
USDCHF 80
XAGEUR 78
ZARJPY 77