(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!) BULLISH PINBAR On Wk1, this is what is formed as a rejection candlestick from key support area and likely to close above another key support (above @84). Hence, we can start to think bullish for next week. CYPHER/SHARK PATTERN On H1/H4, this is a typical pattern that I often...
(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!) BULLISH PINBAR On Wk1, this is what is formed as a rejection candlestick from key support area and likely to close above another key support (above @81). Hence, we can start to think bullish for next week. SHARK PATTERN On H1/H4, this is a typical pattern that I often like...
we wait for AUDJPY bear break out current suppport to sell Sell audjpy : 81.215 stoploss: 81.620 tp1: 80.745, tp 2: 80.158
Wave 4 Complete and the opportunity of wave 5 starts after H & Sh triggerd
Price has come back up to test broken support so hopefully the current level holds as resistance. I am targeting previous lows.
Short on rally wait for total confirmation or a break of the ascending wedge
Just as the other JPY pairs, AUDJPY has found bullish momentum for quite some days. Although the 4H timeframe still points bearish, the bullish momentum is not to be overlooked. Currently, at a resistance level, we're watching how price reacts before taking a position on this pair. Price did reject the area initially but is now coming back at it with bullish...
From top down approach and price action there is a shorting opportunity
D - Bearish , price is retesting the last low in the bearish trend entry - 4 hour - doji at the level 1 hour - dragon fly doji and a strong bearish candlestick after 15 minute - Bearish structure has formed added confluences- price made the 4 hour doji at the 50 ema and the 200, 50, and 20 are all in order for a bearish trend .
W - bearish , price is retraceing to the last high D - Bearish , LH LL price is testing the last LL Swing entries - I will look to see if price forms a rejection candle at the end of the 4 h candle right now looks like a great entry point scalping entries - if the rejection candle isn't respected, or I miss the entry I will look for scalps but the swing is looking good
This is the trade I took today, with my chart break down. I had a loss yesterday but risked managed it to 0.3% loss and forgot to post it. If you have any questions on my trades feel free to message me. Thank you.