YoussefRazak

YoussefRazak Updated 

We got price down to a strong support zone and close to the trend channel added with a 50% fib level.

YoussefRazak Updated 

A simple structure based trade. reasoning on chart it self

YoussefRazak Updated 

A few possibilities here. i would only look to buy this market if we get down do support at 1.289 level or sell if we get to resistance at 1.307

YoussefRazak

Look for a Buy opportunity if we see a successful bounce of the potential reverse area.

YoussefRazak

We see a confluence of resistance at 0.71775 and note that 0.71775 is not only channel resistance that extends from the October 2015 highs but is also the February and March 2015 lows and we get a 61.8% fib retracement. look for a sell trade setup

YoussefRazak

Long butterfly pattern just finished on the daily EUR/JPY Chart. And the last candle is a pin bar. Is this pattern valid as we get a full retrace from A TO B and not the recommended 61.8% ?

YoussefRazak

Hi guys. this is my first trade idea. i am really new to this. what do you think ?