Let's see which route will prevail. In case of the yellow one, I'm willing to short it around 70.00 with TP around 68.30. If it will go blue route, there's a chance for a short term long to around 70.00 (risky one). And if it will just flush below 68.30 ... well, will take a look then. Daily view: Disclaimer: this idea is solely for my own purposes, to satisfy...
NZDJPY has pushed all the way down the daily low. I see two possibilities for next week. 1) For uptrend to be respected we must not break pas the las low. For longs, I would like to see a bullish impulse and correction on lower timeframe. 2) For shorts, a break of the last low and support, a bearish impulse, and a correction wonder the support now resistance.
1) Price has broken structure at a lower time frame, wait for a retest for an entry 2) Daily EMA crossover 3) DIvergence 4) Price rejection from a major trendline
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when you look at the daily time frame you see a reversal pattern and if you are too quick to analyse you will think it is a sell, check the 30 minutes time frame it will confirm reversal for a buy, we can only on the 2nd resistance level that is when i believe it will create a head and shoulder formation, please remember i am not a Pro or Guru i just like looking...
👋 Hello and welcome traders to another trade idea with Fobian ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 👉 WE will waiting for SELL conformation: - We have downtrend. - MACD give us SELL signal. - Candle close below ASIAN session. 💡 Why should you...
-Thank you for reading this idea! Hope it's been useful to you. -Remember this analysis is not 100% accurate.Use it with your own risk. -Comment below and let me know what you think of this analysis and what is yours? I welcome all comments, feedback, ideas and sharing of knowledge
MULTI TIME-FRAME ANALYSIS DONE. TRADE SHOULD ONLY BE TAKEN IF IT FITS YOUR IDEA OR PLAN. TRADE SMART.