Trading suggestion: . There is a possibility of temporary retracement to suggested support line (104.7). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (104.7). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Pattern: Channel Down on 1D. Signal: Sell as the rejection pattern on the 1D MA50 (blue trend-line) has been very consistent since July. Also the RSI is hitting the 4 month Resistance. Target: 102.300 (1.382 Fibonacci extension). Most recent USDJPY trade: ** Please support this idea with your likes and comments, it is the best way to keep it relevant...
USD/JPY looks ready to sell off after retesting the weekly high with an inside bar breakdown.
Details of recent trade. All trading history is backed and verified by multiple site; DM for details if curious.
AUDJPY after perfectly bouncing over the monthly support at 73.350 has started a new bullish leg. The price has reached the descending trendline below a daily structure at the 0.5 fib retracement of the previous leg. IF the price will break and close above we can set at the retest a nice long order. IF the price on the other hand will be rejected we will look for...
There is an impulse in the Bitcoin which was formed from 08.09.2020 to 06.11.2020, and with each price motion the probability of BTC correction increases. Investor sentiment is at extremely optimistic levels, which also indicates upcoming consolidation or the pullback of quotations. Altcoins: (Coins considered are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN...
There is an impulse in the Bitcoin which was formed from 08.09.2020 to 06.11.2020, and with each price motion the probability of BTC correction increases. Investor sentiment is at extremely optimistic levels, which also indicates upcoming consolidation or the pullback of quotations. Altcoins: (Coins considered are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN,...
EURJPY is coming back to retest the previous months low of 123.000 after a clear break to the downside. The value looks to have formed a clear level of what many refer to as support and resistance or supply zones. We have approached this area several times and always rejected/reversed. The pair is currently at this area of interest and I have a short position in...
EURJPY could pull back to the trendline and drop from there! Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURJPY could pull back to the trendline and drop from there! Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
last week gbpjpy shows some rejections up and down. i have prepared my 2 scenarios about gbpjpy -bullish if we break above last high - bearish if we break this mini support as i draw in analys
FX:GBPJPY Taking a shot at a GBPJPY long for decent RR, sundays can be choppy especially with election BS, trade smart, trade careful, start the week with low risk and work it up. BUILD A CUSHION FOR THE WEEK.
EURJPY Short Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: Price action continues bearish. Look to enter on a break and retest of 122.200. Enter short on a confirmed lower high and target lower toward our 121.000 support level. Trade scenario 2: Price action turns bullish. Look for a higher low to form above 123.000...
USDJPY Short Idea Weekly Trend: Bearish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: Price action pulls back to form structure and a lower high at our 4 hour level around 104.150. Look to enter short after the lower high is confirmed and target lower toward 103.000 Trade scenario 2: Price action goes bullish. For us to consider any long...