AUDJPY 4HRS chart is actually in a very good position for a sell off.....based on divergence and the recent strength of the JPY we feel the market is giving us a structure for a sell....Target: 103pips NB: Risk management highly required. like, comment and follow.
We believe the GBPJPY is setting up nicely for a bearish movement for about 90pip. The condition where based on a divergence and price action on lower time frames. NB; Risk management highly recommended. If you find our analysis helpful...Pls....."follow, like & comment" Thanks.
We believe that the EUR has dropped nicely to the 137.32 area, which happen to be a very strong support region. We are expecting the EUR to pull back from that region giving us a nice entry for a minimum of 50pips. NB: Risk management highly recommended. Thanks.
We believe that the EURCAD is setting up nicely for a long position.....Based on divergence and good support region it is currently at , we see an upward movement looming for about 165pip. NB: Risk management is highly advised. Thanks.
GBPCAD is trying to complete another divergence move upward in continuation of the uptrend on 4hrs Chart. LONG BUY: Entry : Around 1.7260 areas TP 1 : 1.73867 TP 2 : 1.74904
GBP/JPY hits a major support at 138.249....We are expecting it to continue its bullish run to 140.000....This setup is been supported by a price action (Hammer head) on 4hr chart NB: Money Management Advised.
Key Support & Resistance levels & Strategy for Scalpers. GBP/USD has reach a key resistant level on the 4hrs Chart, it is expected to go up to level - 1.33907. But If it breaks the Support is going down to level - 1.31851. NB; Money management always advised.
TRADING PATTERN : DIVERGENCE & TREND LINE DESCRIPTION: On the 4hrs chart the STOCH Indicator created a Higher High, the Candle stick did a lower low and on FA (Fundamental analysis) the EUR appears to be stronger than NZD. EXPECTATION: 50pips Min.