Hey guys, this is the first idea of the week.
I am looking closely at USDJPY.
H4 - Trend is down, short on retest at top of channel.
Look out for no demand bars or buying climax at top of channel.
Check out my 2min video to see how I mapped in a bearish shark pattern to short with the trend.
hello guys, here's my first video! Hope you guys enjoy, and sorry for my bad microphone hope to fix it asap!
Basically, long chance from pattern formation and 4h triangle!
best wishes,
doc
Today's video takes a look at a potential bullish bat pattern on the USDJPY along with a lesson on the importance of doing technical analysis the correct way.
Bearish USD sentiment continues to grow, but look for reversal opportunity to buy this pair for long term as the price action is slowing down on lower time frame.
Good luck!
Yesterday my trading partner Jason Graystone shared a potential buying opportunity on the USDJPY. Today what I wanted to do is revisit that idea and talk about how we can go about building a better case for entry or at least provide different options so that traders of different styles can get involved as well.
Akil
Commodity & Futures Trading Commission gather data from various Exchanges and compile which are then released and are available on their
Websites - www.cftc.gov
Commitment of Traders Data = COT (abberiviation)
These data are released on Friday of Each Week after Market Closes. They are based on Positions as close of Tuesday of that week. These are compiled to...
Currency Pair: USD.JPY
Time Frame: Monthly, Weekly, Daily & 4hr
Predicted Direction: Long
Live USD.JPY updates will be available in the comments section below
Hey traders! Testing out the new video feature. Here is a brief summary on my relative strength and weakness indicator as well as analysis of the next 24 hours of trading. Cheers!
Price breached below the sliding parallel of the median line se, and is now pulling bck into a correction heading to a key resistance zone to watch for sell setups. In this video we analyse how the uptrend is weaking and all the confluence we get in the sell zone after the breakout below key support.
Feel free to comment and share your thoughts. In addition let...
Its been a while since I last published something. But because TradingView has just implemented an awesome new feature, the video idea, I thought I would publish a new idea to see how it works.
Its a simple idea on the Ninja based on confluence with a nice risk-to-reward. Check out the spoken commentary for further details and let me know what you think of the...
