In this chart we have observe a Double Top and Bearish Divergence which spotted that it will take a Down rally. so we place Entry & TPs points accordingly.
The HKD/JPY currency pair exhibits a potential range between 18.9124 and 19.228. This means that there are two likely scenarios: it may directly descend to the level of 18.9124 or ascend up to 19.228 before experiencing a subsequent decline back to the range of 18.9124-18.9487. These fluctuations in the currency pair's value can be influenced by various factors,...
This chart provides few examples indicating what candlestick patterns depict in terms of price movement in a bullish or bearish trend.
Dow Theory depicts that a series of Higher Highs and Higher Lows support a Bullish Trend whereas a series of Lower Highs and Lower Lows proposes a bullish trend. Here you may foresee a period of Accumulation after a bear run completes after which a bull run is expected.
HKD/JPY has started a bullish trend after forming RSI divergence on the chart! Expecting price to continue making higher highs and higher lows!
Forming series of Higher Highs and Higher lows showing strong signs of bullish trend
BAT bullish harmonic pattern and can see it RSI divergence at point D and then it's making new HH HL
Bullish rectangle continuation pattern on 1H and it's making HH HL
HKDJPY in bearish divergence. Printing HHs and HLs yet indicator suggesting divergence.
The market is creating HH and HL predicting a bullish trend.
Hong Kong's leadership transition 2022 Chief Executive Carrie Lam attends a question and answer session in Legco. Photo: Sam Tsang Chief Executive Carrie Lam attends a question and answer session in Legco. Photo: Sam Tsang LIVE Outgoing Hong Kong leader Carrie Lam attends her final Legco session of her term Lawmakers are likely to grill her on pandemic policies...
HKDJPY $HKDJPY Short Scalp. 100-500x leverage. TPs on chart. After TP2 crosses, trailing stop loss with step of 0.5ATR, offset 1.5ATR
BUYS/LONGS Expecting price to react to supply zone and pullback to demand zone before returning back up. GUARANTEE - The information created and published by myself on TradingView is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors. - That being said take trade on own accord.
Beta testing new strat. HKDJPY Long on Daily. Targets and SL on the chart.
This could be a late chance to enter in the weekly continuation