Posted in february the long term outlook of the Eur/USD. A head and shoulders pattern formation at that time was in a recoil and it was predicted that this pair will fall. Target was 1.20, at present we are at 1.23. Expected to travel to the 800sma. 

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Finished CHF/JPY Trade

The CHF/JPY broke the 800sma daily SurpriseBox to the downside with a head and shoulders pattern. This was very significant as it formed a gap on May 6 out of the box, May 8 there was a bearish candle out of the gap and on May 10 there was a crossover between the 800sma and the 200sma. Got out at 83.72 corresponding to a long bearish candle after the break. Also near the 2x from the top of the head to the neck.

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

The Chf/Jpy pair had broken the 800sma SurpriseBox on the 4 hour chart to the downside. The recoil had just formed.

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Long Cad/Jpy Stop Triggered

The Cad/Jpy pair had broken the 200sma SurpriseBox on the 8 hour chart to the upside. Stop was set to be either at 80.0 or 81.0 according to my risk tolerance. Stop was triggered with a loss.

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Long Cad/Jpy Stop Triggered

The Cad/Jpy pair had broken the 200sma SurpriseBox on the 8 hour chart to the upside. Stop was set to be either at 80.0 or 81.0 according to my risk tolerance. Stop was triggered with a loss.

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com