On weekly trade no powerful support is seen untill 74.200 - 74.300. according to breaking the triangle we could go Short to reach that level ( powerful support ). Macd shows +RD so we can watch how market reacts to support level and after breaking the downtrend line we could Go LONG with TPs...
I'm new to Forex market so if anythings wrong with my chart or my wave counting please let me know, Thanks. Trade with care.
We have reached a strong support area, if it keep holding and we break a the yellow trend line its a good buy. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Liability Disclaimer : All trades posted here are...
Oil is good and Dandy :) and this will affect CADJPY - call me crazy - I took a long position from 83.613 and I am not getting out until 84.900 just to be safe;) Enjoy!
BUY setup I`m not sure about my wave the any different view to help me will be appreciated. I`m still a newbie
The Yen pairs have been so good to me this week, so far i've booked in 134 pips on NZDJPY(Bullish Cypher) and USDJPY (Bullish Gartley) (Still waiting for second target) and now we have another bullish cypher set-up on CADJPY. This is not a big trade in terms of the amount of pips i stand to gain/lose (35/22) but still, it is a trading opportunity according to my...
This pair has been trading on a range of between the lower support at 90.030 and it's higher resistance at 93.209. It is still headed towards it's support level in a retracement and then it will continue it's upward momentum....bullish all the way. If it breaks it's resistance levels, I expect it to ride all the way to 95 level. Good pipping...