EUR/JPY CYCLES UPDATE Part1

[rufffen]

GBP/USD update: Big SOUTH reversal coming up on cable, so Im short now, but will recommend to short 8580-8640 window SL 8660 on that one, TP is 200 pips away from current levels. Reversal either Sunday or Monday US hours. Time/price/range fractal points a big reversal.

EUR/USD: Can take a short now (2680) SL 2740 TP 2400 or after weekend Asian open.

EUR/JPY: Will recommend to close that trade with some profit now.

[rufffen]

Week thread results:

GBP/USD start of the week short: +127
GBP/USD SHORT: -60
EUR/JPY: +40
USD/JPY SHORT: +180
New GBP/USD and EUR/USD shorts: update monday

+287 total

AUD/USD NZD/USD AUD/NZD EUR/CAD EUR/AUD trades were not triggered. All the previous trade setups are void. I will update setups scorecard in the first post over weekend.

Also please note that in my trades scorecard as per first post there are setups to go LONG cable this week at 8200, however that trade was void, because I advised to stay out of LONG positions and revised targets.I post a scorecard in the first post and if there are any changes to setups I update the situation accordingly. So to avoid any confusion, first refer to the trades scorecard in the first post and then to my latest recommendations.
I'm done for the week, and wish everyone a good weekend!

[rufffen]

EUR/CAD update: minor a/b/c on daily looks like wave b is going to topoup 4500-4520 area, so lets wait for that SELL zone to be triggered, revised SL is 4560 TP1 4400 TP2 4240.

[rufffen]

New trade setups updated for the coming week, please see the first post.

[rufffen]

Big reversal coming up right about Sun/Mon, as the once-in-a-year events don't happen too frequently, new apsects lining up for some dollar strength to come.

[rufffen]

2-4 hours from now on expect a EUR and GBP reversal, now this time Id target for 8300 on cable.

[rufffen]

EUR/CAD update: Slightly more risk to SHORT now, but Ill take it, SL 4500 TP1 4300 now

[rufffen]

Update US close:

GBP/USD worked out for +100 EUR/USD +80 and EUR/CAD +60 so far, I expect a small rebound and then the decline will resume.

All the open possies Id say good idea to trail, as I usually recommend,

GBP/USD I see an opportunity to add some more to SHORTS below 8454 target 8356 and 8311 initially, but wait for a break of that level first.