Younggp

12:28

Younggp

USDJPY has been moving up quite impulsively but with structure. It has tapped into a hook point, where we can expect it to drop to the downside. There is also a hook point above it. So we can expect the possibility of a price movement to the upside. Analysing this pair on the 1HTF, we see the potential for it to drop to the downside first, tapping into any of...

07:21

Younggp

Position: Short AUDUSD has been on a downtrend. After tapping into a weekly hook point, it started dropping down. And there is some hook point it will have to tap into below before it can start moving upward. On the 4HTF, it has tapped into a low, where we can expect it to move up to form a structure tapping into any of the hook points above it before moving downward.

05:08

Younggp

From the WTF. Price is currently approaching an area of value. We see it approaching a double top area On the DTF, We see it approaching the double top area via an ascending channel. The ascending channel has a middle section which is the correction / continuation pattern to the upside. So We have price moving impulse / Correction / Impulse. On the 1HTF, we...