EURJPY looks to have some room to the downside. To buy the pair we would need to clear the red resistance block + Gann level and break 123.00, Should at least see a sell to around the 150 MA
You have always to test your own patterns! I detected a BAT PATTERN. This weak we have the Federal Funds Rate, so Price might go volatil, people who took this trade could put the SL into BE (I already did it). Also u cant take half profit. This is a 2:1 risk reward Trade considering only the TARGET 1.
Will enter this trade when price drops below 1.53588
Although there may be some good news for Euro, price action shows downward tendency. Will enter this trade once price drops below 122.14.
Will enter this trade once price rises above 1.23808.
First time publishing idea for Forex. Entered this short trade two days ago. It is still holding back. Will wait until tomorrow night and decide whether drop it or not.
Will enter this trade once price drops below 0.8644
Like I have been saying over the past couple of days, AUDxxx pairs are reversing from their bullish trends, and AUDNZD is one of them. Above we have a support trendline above which a triple top formation formed. - The neckline support of this formation was broken in a very strong bearish candle. Additionally, a greater support trendline, the larger one we...
CAD weakened and allowed AUDCAD to push up further than I anticipated. Regardless, I am still looking for a short opportunity from the 1.0150 area, preferably on a strongly bearish 4h or daily candle, and with the broken support trendline.