CADJPY brokedown below the descending triangle support as expected from my previous analysis ✅.
🔸We can see that this pair was in a downtrend for more than two years. At the beginning of 2020, it faced a powerful demand zone, which generated a rejection at that level. After this movement, the price made a breakout to the upside of the downtrend Channel. 🔸This was the first indication that the downtrend might be over. 🔸The first break attempt appeared to be...
we have clear crossing channel now we expecting bull back crossing the supply area our target will be the peavies POC as HVN resistance as shown on the chart
GBPJPY is seeing pullback to your trendline, potential bounce ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
GBPJPY is seeing pullback to your trendline, potential bounce ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
AUDJPY brokeout above the downtrend resistance. RSI is printing a bearish divergence signal. The market is printing a double top reversal pattern. Potential retest of the downtrend resistance + fibonacci retracement levels. Sell entry - breakdown below the double top neckline support ⬇️.
AUDJPY is reversing from 1st resistance, where the horizontal swing high and 76.4% fib retracement are. Price could reverse further towards our 1st support where the 78% fib extension and 38% fib retracement are. Stochastics is also showing signs of bearishness.
USDJPY after the false breakout below the weekly structure bounced back above. The price found resistance below a daily structure and start to consolidate in a triangle formation. IF the price will break above the 106 level and consequently break the descending trendline, we will set a nice long order according to Plancton's strategy. ––––– Follow the Shrimp...
AUDJPY on the daily chart is moving inside a descending channel. The price just hit and got rejected by the upper trendline, creating a double top formation. IF the price will break below the ema and consequently break the support structure we will set a nice short order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (123.8). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (123.8). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Purchase range: 105.266 Targets: 105.377- 105.488- 105.599 Stop loss The first goal: the profit to loss ratio is 1: 1 (105.155) If the first target is touched (close one third of trades) Stop Losses Second and Third Objectives: 105.266(Entry Range) , If the second target is touched (close another third of trades) And if the third target is touched (close the deal)
The inevitable and unrealized danger of a sustained phase in a strengthening US Dollar, burst into reality with the Covid Crash of the S&P 500 SPX and of world equity markets. Now, it will be years before we need to countdown again - whenever the world economy moves the USD to start on another sustained strengthening phase - and the Euro and Japanese Yen JPY...
Price retested a support level created from last week's bullish structure and now I'm looking for price to continue to push to the upside.
Aussie has been strong throughout this entire election time, and it's still dominating so I'm lookingfor this to push higher. In this specific setup tho, there was a huge push to the upside and price has retrace and find support so I'm looking for more bulls to the upside.