As you can see at the current timeframe, the trend is bearish ( for now )
as long as the price not break the last LH ( Lower High ), i still persisted to take it short but still consider important areas
my current trading risk is 1 : 2
goodluck!
We have 2 trend swing in this chart, the first trend of which is more powerful, but the second one remains.
As soon as the second trend is defeated, it is better for you to enter this position
In the second part, pay attention to the lower pivot because it has caused two strong returns so far
For Fibonacci, it seems that he needs a lot of rejuvenation after not...
After forming an inverted shoulder head we decided to enter long on the collarbone, after waiting for a small corrective pullback. It is also possible to enter the trade directly, although we would assume a little more risk.
📊BUY LIMIT EURUSD 1.2151
⚖️RR 1:3
📌SL 1.2121
✅TP 1.2181
✅TP 1.2211
✅TP 1.2231
Signed by: FxProfitSignals Group ...
After the Fibonacci retracements the price almost touches the previous high, after that the trend changes and follows a downtrend line. We decide to go short to a minimum price of 104.95$.
📊USDJPY
BUY PRICE: 105.24
TP: 104.95
TP:104.30
SL: 105.79
Signed by: FxProfitSignals Group
CADJPY
We can get a short position after it retested the mentioned zone, relying on the below information :
* it touched the channel for the fourth time, marked in yellow, and possibly to broke it.
* candlesticks broken both Tenkensen and Kijunsen.
* The Span A & B crosses and formed the red cloud.
as I told you last week ... "GBPCHF respected our analysis from November 25 (see Tradingview) but closed above the Fib 0.5 level which would mean that it could make a correction to the area where we have Fib 618 and then go down again to the area of 1.17600 then to 1.16200 "...
...GBPCHF will have a strong rejection of 80-100 pips after which it will continue...
EURUSD small drop this week (short) between 1.21100/1.20400, then massive rally Up to (1.24000/1.24600).
This will be last move of EURUSD before 2021 arrives and starts dropping.
Previous analysis and some Index information lead me to believe that EUR will still go up against dollar this last month before the end of 2021.
Feel free to share the analysis.
Good...
EURJPY - at the moment it is between the trend lines and we expect it to make another down movement towards the 121.900 area. Then we expect it to reject and rise.
Last weeks post was spot on, price has slowed down around this level at 1.79400 and showed nice signs of rejection on multiple timeframes. it is still Monday so I missed the bottom entry but has pushed off into my original bias, ill await a pull back for buying opportunity or for a retest if we get a break of the highlighted resistance. Good signs that this is...
