Here Is the Idea Target - We have tons of equal highs on the monthly and I believe we will be making a run for them this week or at least sometime this month. I like the fact we respected an old support level + cleared 3-4 weekly lows + reversed on them and closed above. This is the type of behavior I like to see. The close above the lows shows not only were...
While the SNB is a "currency manipulator" (of the first order), Japan is a wholly owned subsidiary of the BoJ. Still, it's wise to bet on the World's 3rd largest economy versus the World's Vault that is now on fire. ... and this chart is foretelling that exact story!
This is what I saw on this pair. Potential swing sell, its looks like falling wedge pattern or maybe potential Fakeout at Resistance zone. What do you think guys.
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for sell.
Check previous analysis for a more detailed analysis of this pair.
On the Daily we can see price has not been able to break 118.500 area since 2016, Price has already touched off this resistance area and has began to fall. On the 4 hour we can see a descending trendline which is currently right at resistance level. Price has potential to break this 4 hour trendline but long term this pair is a short.
It is good to buy on dips around 116 with SL around 115.50 for the TP of 118
BUYS NOW VALID ON CHFJPY! What is our strategy? Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we...
4 HR SUPPLY NICE 15 MINS CONFIRMATION NICE 15 MINS ARRIVAL
We have a shoulder head shoulder pattern, then the price breaks upwards and in the pullback we go long. You have to be careful and analyze the price action before making the decision. We must think that nobody knows what will happen. I'm just trying to put the odds in my favor. Then the price will do what it has to do. So let's see what happens. Maria