the pair is topping and exhausted, short with proper risk management, partially on the entry price and before the stop price, put one target only.
Direction: Short🔻 RRR: 1:2.5 Reason: Technical / indicators TimeFrames: Both 4h and 8h 🕑 🌠I would rate this setup 3.5/5 cuz oil is strong technically but JPY is showing strong chart patterns as well, I would also consider appealing for the risk-to-reward ratio!!
Direction: Long Direct reason: technical, chart pattern (oscillators say the opposite) RRR: 1:3 Timeframe: 4H 🧭
A pull-back at this stage is decently probable, not a change in direction, I believe the 14,444 level will be visited soon. Reason: Pure technical: S&R + Momentum divergence RRR: 2.3 Rating: ⭐⭐⭐⭐
There is a big potential for the downside, almost until 308$, anyway the safest thing is to go out at 360 in case the stock started depreciating.
Direction: Short, sell 🔻 Direct reason: technical RRR: 1:2.5 Timeframe: 4H 🧭 Analysis: strong dollar in the short term, also NZDUSA is failed twice to break an established channel
Direction: Short🔻 RRR: 1:2.5 Reason: Technical & momentum/oscillator indicators 📊 TimeFrames: Both 4h and 8h 🕑 📝 Analysis: 1.10 was always a key level for this pair, the latest rally that started last 24th of May from 1.085 crashed on this level three times last week, even if the pair will breakout this level it must visit lower levels to catch up with momentum...
It's too good to be missed Pending Sell order at 182$ RRR: 4.8 Reason: price action & trend school Rating: ⭐⭐⭐⭐
Direction: Short, sell 🔻 Direct reason: technical RRR: 1:3 Timeframe: 1H 🧭 Analysis: We are reaching the upper sides for two established channels in the one-hour time frame and also we must expect a pullback for the latest rally.
Direction: Sell, Short 🔻 TF: 1H, 2H ⌚ RRR: 1:2.5 Analysis: JPY needs to pull back up after the last nosedive it made, EUR is strong as it met the expectations of the ECB keep raising interest until July. Rating: ⭐⭐⭐
The same reasoning behind NAS100 and US100 .. a small pullback is necessary at this level. Reason: Pure technical: S&R + Momentum divergence RRR: 2 Rating: ⭐⭐⭐⭐
Same reasoning behind NAS100, a small pull-back is probable at this stage. RRR: 2.3 Reason: technical, S&R Rating: ⭐⭐⭐⭐
I believe the dollar started its U-turn already, but breaking a descending channel like this is another good sign to sell in the short term. Usually, when a channel is broken in the same direction as the channel itself, the price consists a new-twin channel in the same direction and plays in it. *Rating: ⭐⭐⭐ *In every trade setup or analysis I publish, I follow a...
The patterns is playing since beginning of the year .. and still tradable.