Ten_aoyama

Ten_aoyama Updated 

In the 4-hour timeframe, a significant range is evident, and the momentum from the top to the bottom surpasses the momentum from the bottom to the top. This momentum shift indicates a more assertive presence of sellers compared to buyers, particularly within the established range. Before the range formation, there was a bullish trend. Combining these...

Ten_aoyama

On the 17th of January, the selling breach successfully overcame the buying momentum. The breached area holds significance for buyers as, for the significant buyer trend since December, it needed to form a higher low (HL) and subsequently make a higher high (HH). Given the difficulty in achieving a higher high, I am inclined to assume that the higher timeframe...

Ten_aoyama

AUD/JPY Selling Plan: The selling trend in AUD/JPY began in early December, as confirmed by the daily timeframe. Subsequently, a 4-hour uptrend emerged, maintaining a sequence of higher highs (HH) and higher lows (HL) until the 28th of December when this uptrend failed. Now, there's a possibility of a daily downtrend resuming, but there is currently a strong...

Ten_aoyama

GBPUSD Selling Plan: I am considering a sell position on GBPUSD based on observations on the 4-hour timeframe. Until the 28th of December, a clear sequence of higher highs (HH) and higher lows (HL) was evident. However, on that date, this sequence was disrupted, and a significant downside breach occurred, indicating a strong bearish momentum. My intention is to...

Ten_aoyama

On the 4-hour and daily timeframes, there is a clear pattern of higher highs (HH) and higher lows (HL). Considering this trend, the current downward movement visible on the 1-hour chart appears to be a pullback favoring buyers. Timing becomes crucial, and the inability to establish a lower low (LL) and lower high (LH) sequence on the 1-hour timeframe serves as the...

Ten_aoyama

**GBPUSD Selling Plan:** I am considering a sell position on GBPUSD based on key support and resistance areas observed on the daily and larger timeframes. The momentum from buyers appears to be diminishing, supported by noticeable and decisive rejections from sellers on both the 4-hour and 1-hour charts. On the 4-hour chart, the market is currently in a short...

Ten_aoyama Updated 

On a daily timeframe, there are indications that the established uptrend might be weakening. Buyers have been active since June, experiencing a pullback before resuming their buying activity. Despite several attempts to breach certain levels, the market has now decisively broken through these levels. This morning, the confirmed support level was breached to the...

Ten_aoyama

Since Thursday, the Canadian Dollar (CAD) has strengthened significantly, resembling the strength seen in the Euro-Canadian Dollar (EUR/CAD) pair. However, the British Pound (GBP) appears even more bullish than the Euro (EUR), as evidenced by the GBP/USD and GBP/JPY pairs compared to their counterparts, EUR/USD and EUR/JPY, respectively. Despite the strength of...