Still waiting for a long set up on USDJPY. The start is similar to that of yesterday as we have not seen a move above yesterday's high. So now we're just waiting to see if the bulls will buy at a discount. EURJPY and GBPJPY will be pushed around by the USDJPY so if all 3 line up on an area of demand, I'll pull the trigger.
Currently, the USDJPY is trapped between a previous day's high and a recent day's low. Until we break out of this range there is little to do. Yesterday's target was not the rebalancing of the previous 3 days' action but the high from the 13th. If we get a break below this level, I'll have to look for a short down to 132.50 The DXY higher time frame chart shows...
EURUSD Long Setup Entry : 1.06160 Target: >1:1 Stop Loss: 1.06058
New downward channel may already be set on the daily chart, sitting in plain site. I will hold my conviction , this looks like lower lows and lower highs headed toward the 400 level for $SPY. First point of resistance at 407.90.
An opportunity with a 72% probability of a rebound to the price zone 1.3466/76. Based on the Supply and Demand zones, previous new lows, breaking out of the demand zone, and today's high ATR above the previous 5-day average. I don't think that this place will be a trend change point, but more like a rebound where you can earn around 50-70 pips.
JINDALSTEL is weak on chart, trading below 20EMA on daily chart. all major indicators are showing weakness in the stock. Our recommendation is to Short Sell JINDALSTEL future with strict stop loss above 606 for targets 581/564/551.
If we can get AU to retrace I’m happy to short here with my SL high in the range. Should be smooth if we can get price to retrace and tap us in. Don’t risk what u aren’t willing to lose on any given setup, regardless of how nice it may be.
ada in a weekly falling wedge could see a nice move up here if we can break the downtrend all my targets are long term good risk to reward to start accumulating here
USDJY bearish , actually in a tricKy situation , we expects two things 1 - price react to the ob , some price rejection at the 4hrs OB 2- Price respect the bearish wave , gy seeing exhaustion from the bulls , 3- price might also break to the upside changing the whole bias , BE PATINT ENOUGH AND YOU WILL CACTH THIS TADE OR JOIN...
mana looking good here if we can break the down trend could see a nice move up all my targets are long term good risk and reward down here to start accumulating
accumulating etc down at these prices if we break the down trend could see a nice move up
Analysis of #NZDUSD Hi traders, today we will have a look at #NZDUSD The NZDUSD consolidates inside this beautiful wedge pattern, for consolidating patterns there are two ways to trade. the aggressive way is to trade the inside of the pattern, the conservative way is to wait for a confirmed break on either side, then enter with the direction of the...
mtl looking good down here to accumulate if we break this downtrend could see a nice move up all my targets are all long term targets good risk to reward to start accumulating mtl at these prices
xrp is looking great down here to finally break the down trend on the weekly all my targets are long time accumulating down at these prices
eth looking good down here if it can break the down trend accumulating more if it goes lower is a great risk to reward targets listed have good potential to hit when we finally get out of this down trend all long term trades
In today's post I present relevant marks of the S&P500 for the next week, which could support the one or the other, in their own analysis. = since it is a very short-term time frame, I will not comment further. = the technical analysis approaches, are shown in individual pictures in the contribution. So that an individual interpretation of the respective -...
3943 is an area of resistance that we can use to take a scalp short trade to around 3937 and lower. Keep your risk in mind. Good luck!
accumulating iota at these prices looking good here to start accumulating if we break the falling wedge could see a nice move up