USDJPY buy set up daily
Entry from support trend line up to resistance trend line. Support has held up very well since March 2018. The market has respected the Support trend line with numerous touches allowing the market to reverse trend.
As the market is reaching the end of the triangle, we're looking at UJ to push above levels 111.500
As we can see, history tends to repeat itself.
I have taken a move from the bullrun of 2017 which can be seen here:
now, if we apply this into markets' current price we can see we have a bullish pennant forming.
This shows a consolidation period before another bull run.
The previous move is almost an exact...
Today, the indicator "Kenji" on the daily USDJPY chart generated a buy signal.
Let's give some explanations on this signal.
This is the ordinary signal to open the trade with a basic volume .
According to the indicator, the price of USDJPY is currently in the active downtrend phase (the area between the fast and slow averages is colored red). At the same...
In 15 min the chart I have projected ENTRY point and below is a higher frame for direction.
The TRIPLE TOP Pattern found on the chart.
(The price rejection trying an attack on this pair)
The control price performance like strong gravitating itself such as 1, 2, ...5.
Two excesses found at value low.
HITE LIKE BUTTON if...
I think when markets open eurusd will drop down to 1.12600 area then will go up to start my long position however if it breaks my zone it could jump back in the downtrend meaning its high was just a NFP spike. If it keeps going down I will hold off because it could be a sell and if it does drop further I will place a sell expecting it to continue down a make a...
GOLD on a MASSIVE up trend looking to reach 1340+
On a daily time frame, GOLD looks set to reach the stars (1340).
Whenever the level 1320-1322 has been breached and the candle closes above those levels GOLD has always reached 1340+.
Likewise with 1340, If GOLD breaks through then we reach major resistance between 1348 and 1355.