AUDUSD played out as expected and I'm entering now. You can see the extra analysis at previous post. I post my entries now. Enjoy.
USDJPY finally trying to retrace at the previous structure level. If price manages to go at previous structure and we see a clear reversal signal we can definitely enter long continuing it's breakout after a clear retest. Good R/R ratios if we manage to enter that low. Keep this at your radar, and as always, enjoy!
USDJPY Broke triangle at 4H chart. Possible return at previous strong resistance. Targets 2 go for ABCD completion and targets 1 at previous high. High probability trade to kikk off your week. EUR looks strong also along the markets.
EURJPY with it's lovely huge volatility managed to break through the rising trendline at Friday. I wish we could see a clear retest and even above the trendline because I would love to enter at 0.5 or even 0.618 lvl instead of 0.382 for better r/r Ratio and better targets. I would suggest to trail stops in this one if you enter, because it might signal a new trend...
This is a trading opportunity for the most basic pair ever in the world of Forex Trading. I want to see the double top at the bottom of the triangle then enter short. Blue rectangles are demand zones. Enjoy.
I'm reposting this. You can see the falling channel and the rising channel after it.Enough volatility to confuse us these last days. There is an excellent breakout and retest but for me, it's too low. It barely touched the 0.382 fib retracement. I will put a pending order at 0.618 fib retracement with 2 targets. tp1 at previous low and tp2 at 1,272 fib extension. Enjoy!!!