Though I expect this month to end up bullish, I foresee the start of the month bearish. We are likely to have this week as bearish then an accumulation stage for the bullish move. Have a fruitful week guys. Cheers!
In my analysis, I think there will be a large bearish movement in USDJPY. UJ have in kind of rectangle chart pattern from past few weeks. In addition to this, yesterday's candlestick closes with a tri-star chart pattern, which is a moderate reversal pattern. See the picture below and I would love to have your say on this.
Pullback Is done, Now it's gonna drop again. Key Levels Sell @ 425.00 Stop Loss @ 445.00 Take Profit @ 375.00 Use the trailing stop methods for short term trades.
Key Levels Sell @ 469.00 Stop Loss @ 477.00 Take Profit @ 444.00
A further correction is ahead $740! Thank you for reading! Greenfield Remember to click "Like" and "Follow" to see more articles. Disclosure: Article written by Greenfield. A market idea by Greenfield Analysis LLC for educational material only.
This correction is not done yet $50! Thank you for reading! Greenfield Remember to click "Like" and "Follow" to see more articles. Disclosure: Article written by Greenfield. A market idea by Greenfield Analysis LLC for educational material only.
Thats my idea for this pair. We go short here.
If we take a look a monthly timeframe we can see the same Candle Stick Pattern on 2018, the big correction begins the next month... remain 7 days to close January Candle Stick, wait for confirmation and get short 🤑🤑🤑🤑🤑🤑
after reviewing the movement of the prices from the ending diagonal formed at the start of wave 1, it could be seen that the wave 3 retraced in the 1.618 zone ...Instantly followed by another counter wave 4 (which is still on formation). We anticipate the commencement of wave 5. We are to go short once we go below the red box. Also, I also spotted a head and...
Inside Bar Formation ( 4 Candle Close Under One Candle ( Doji form on 16 june ) Price Is In Supply Zone ( Tested Once ) Price Is On Resistance Zone ADX Above 25 +DI IS Above -DI Go Short Below 146.75 SL :- 154.6 OR FOR Aggressive ( Previous To The candle which Broke 146.75 High ) Target On Support Of Trendline It can BREAK Trendline also So Trail Your Sl...
We are finding resistance at the 61% fib and previious structure after breaking the uptrend line at previous daily structure. Targeting 127% extension. Alternatively traders could wait for breaks below the 1h 50ema for added confluence.
US30 is making a divergence on H4 as you can see, and after price reaches 61.8 on fibo levels (daily), it might form a bearish trend! If your analyse matches mine, feel free to enter in the transaction after confirmation ! Wish you many pips PS: Thank you very much that you support me with your likes and Comments! If you have another analysis at this pair,...
nice shorting opportunity, pull back to structure
If you missed the downtrend at the beginning, you still have an opportunity to enter the trade now. MAs show AUDUSD strongly continue go short until it touches the support line. And big red candle just formed passed the support line at 0.75940 which is the signal to enter the trade.
IOTA had a good run in the past week. Went up from $0.40 to $0.85. Charts signal lower volumes and more sell than buys, VFI is bearish and the peaks are lower than previous ones.
The GBPJPY has just bounced off the 61.8 Fib retracement and its on the way down! If you take a Fib. Retracement on the pullback itself, you would find the 161.8 retracement level coindentally coincides with the previous impulse wave! Let me know what you think guys!
Hey guys! Been so busy with stuff that I haven't got the chance to post! I found a really really strong H&S setup where the trend is about to break! This is what it looks like on the 4H chart: What influenced my decision: -Strong trend on 4H -Price failed to make a higher high -H&S pattern shows up Good luck guys! May the pips be with you!
After last week's surprise drop in the GBPJPY for me, a new opportunity has opened up! A double top has formed right about here! and the Weekly candle the previous week has closed, creating what seems to be a large Bearish Engulfing Pattern covering the previous 3 weeks! Weekly Chart: Furthermore, price on the Daily has rebounded off a major resistance,...