USDJPY - Recent break of downtrend and retest of that broken price area level at 106.743. Now currently looking like a uptrend may for if a breaj if 107.769 occours. Also looking at possible Horizontal channel to form at bounce of 107.769 level if fails to break.
Rising wedge at the end of another symmetrical triangle, head and shoulders trend failed so the jump bearish should be small. OANDA:EURUSD
Thanks for watching ladies and gents! Wish i had a better picture to paint for everyone today. So far I have been very accurate, but I do not see this as a good spot to jump in on this trend. Our scope is too narrow. Scalpers will still look for reversals. Break out coming soon! Be careful making trades before close on Friday! NO CLEAR TREND YET! FX_IDC:EURUSD
AUDCAD trading plan on H4, Week 2nd, May 2020
Wait for confirmation. Very simple. Nothing complicated at all. You can entre buy if you wish, but now is the time to ambush to a perfect ( Sniper type of) entry. Please be patient and focus on your risk management. Trading is not a game of predicting correctly, (The market does that for us already if you listen to what she is telling you, the problem is most...
As it appears above. Patience is the key. Let me know your thoughts on this. :) Happy trading (Don't forget risk management!)
There is a possibility that this pair will create a double bottom after it broke out of an descending trend line. Although we still need some confirmation that bulls are entering the market to establish a move to the upside. Thoughts?
Support :96.51 Resistance : 105.14 The market is ranging at the moment , we are observing the volumes because at the end of the day BAIDU is always dynamic. If the candlestick formation is confirmed to be a pullback , thanks to the volumes, it will announce a coming increasing trend . If the market strongly breaks the support line or the...
About 2021, BTC could break history support and resistence, maybe we need to wait more
On the NZDUSD pair, we have to wait a breakout of the trend line. Then we can go long, up to 0.62000 (fibo level). If the price breaks below 0.59400, we can go short to 0.58500 (fibo level as well). Let me know ;)
USDJPY is ranging, wait for a breakout. Target profit: the hight of the range on the side of the breakout.
Just working GBPJPY to see where she is going for now and what to expect looking left on the higher time frame.
After the breakout from its daily downtrend, EURJPY is now entering sideways channel after an uptrend short-trend in 4H. Let's watch is it going up or down, take it easy.. wait for a moment...
Japanese yen weakened around 1,5% against USD yesterday and i think it should continue it's trend... ...jumping in now would be fomo, so it's better to wait for better prices (which we might not get). Joining bulls from 110.65-111.05 price zone with 113.00 T/P provides decent R:R. Keep in mind that this idea might be realized in several days and opening long...
Price is about to hit major resistance. Don't short just yet, PLEASE wait when it touches the zone!. "Comment", "Like" and "Follow" are appreciated! Have a great day and be patient! ALSO, there is a nonfarm payroll released by the USA Burea of Labor at 13:30 GMT on FEB 07. This will affect the price so make sure you are there when it happens to monitor the price.
High chance of correction followed by the continuation of an impulse to the weekly trendline "Comment", "Like" and "Follow" are appreciated! Have a great week everyone!
High chance of correction followed by the continuation of an impulse to the previous resistance. "Comment", "Like" and "Follow" are appreciated! Have a good day everyone!