ItsChrisVandy

ItsChrisVandy

Analaysis on Chart

ItsChrisVandy

Analysis on Chart

ItsChrisVandy

Analysis on Chart

ItsChrisVandy

Analysis on Chart

ItsChrisVandy

Short Idea

ItsChrisVandy

After yesterday's BOE decision to keep interest rates the same GBP has fallen across several GBP pairs Can we see a pull back and further decline of the Pound vs the Yen? Keep a close eye for bearish candle patterns around this region

ItsChrisVandy

Idea's on Chart

ItsChrisVandy

Idea's on the Chart.

ItsChrisVandy

Due to recent Dollar weakness, we could see the Dollar/Yen potentially pull back to key levels/fibonacci retracement levels before resuming it's bullish trend USDJPY recently created a new high on the Daily Timeframe , I believe price will retrace to create a higher low before attempting to create a new higher high 4 Hour Chart shows a Head&Shoulders formation...

ItsChrisVandy

Due to recent Dollar weakness, we could see the Dollar/Yen potentially pull back to key levels/fibonacci retracement levels before resuming it's bullish trend USDJPY recently created a new high on the Daily Timeframe, I believe price will retrace to create a higher low before attempting to create a new higher high 4 Hour Chart shows a Head&Shoulders formation...

ItsChrisVandy

Daily Timeframe has formed Tweezer Top featuring Hanging man (Reversal Patterns) Step down to 4 Hour to place trade Awaiting 8 EMA to Cross Over the 21 MA to confirm bearish sentiment Entry will be placed as soon as a clear break occurs below the Rectangle Price may more than likely bounce off @1.13000 support region, potentially breaking @1.5000 resistance area

ItsChrisVandy

Look at the confluence of Support, Daily Support Area, Trendline Support and 38.2% Fibonnaci Level lined up perfectly. Stop Loss is placed 15 pips below the next retracement level Take Profit is placed at the extension level -27% Check Stocastic on Daily, H4 and H1, all were oversold at this point! Perfect Buy Opportunity here!

ItsChrisVandy Updated 

Long position on Dollar/Yen, confluence of Support @112.07 region, w/ Oversold Stocastic

ItsChrisVandy Updated 

Series of conflence here, Stocastic is about to Over-Sell and we have the daily pivot and 38 level Fib retracement acting as support @ the 124.8675 region, looking enter a long position IF the Stocastic goes into the oversell region

ItsChrisVandy Updated 

Stocastic Overbought, Confluence of support @ 111.620 region with Daily Pivot and Fibo Retracement, price should rally to take profit level

ItsChrisVandy Updated 

Entry at 0.7274, waited for Price to retrace down to this level before bouncing off to make 40 pips

ItsChrisVandy

Shaved Bar on 4 hour time frame, 2:1 R/R ratio

ItsChrisVandy Updated 

Bullish Outside Bar, Buy Limit Order on a 61.8% Retracement of the Bullish Outside Bar, looking for a 1:1.5 Risk Reward Ratio