JavierN0599

JavierN0599

In this case, USDCHF broke an H1 downtrend it initiated earlier this month, this break aligns with the price bouncing from the round number 0.90000 and an uptrend clearly seen on H4. Entry is set after price is reacting from 78.60% Fibonacci level. Stop loss is set below the previous swing low, and take profit is twice the risk at around 0.91000 looking to reach...

JavierN0599

We can clearly see how CAJPY broke the uptrend it'd been creating the past few days, rejecting from the 110.000 round number area, after a break and retest of the most previous support and resistance level and leaving a wick on the 50% and 61.8% Of the Fibonacci tool We can expect CADJPY to head lower next week. Stop loss is positioned 10 pips above the most...

JavierN0599

We can clearly see an inverted head and shoulders formation and a break and retest of the neckline. Now, what we can expect is a little retracement to continue with the upwards momentum to my target at 1.20119 Remember, after we have a H&S formation, we can expect at least for price to imitate the distance between the top of the head and the neckline. in this case...

JavierN0599

We were in a clear bullish channel that got broken after reaching the strong Supply Zone. I'm Expecting a pullback in and around the 50 and 61.80 Fibonacci Level, see some rejection from that zone to open a short trade. My targets will be the -27 as target 1 and -61 as target 2. Let's remember that when we break a channel we can be looking to recover at least 80%...