hypecoins

hypecoins

There is a bearish pennant forming for this pair. Next support @ 1.2880, can move further down to 1.2850. I'm already in the trade.

hypecoins

Observing this pair, here are some thoughts I had. I just want to be clear that I am not taking any moves right now on this pair unless one of these scenarios pans out. -USD/JPY is in the middle of a downward long-term channel -Support A is currently holding upward movement. Scenario 1 Support A breaks, price moves toward Support B. Strong upward movement...

hypecoins

-RBNZ cut interest rates from 2.25% to 2.0% -Price surged up opposite of what was expected. -European/US markets to react to high price and drive it down

hypecoins

-Major Divergence on RSI -Entering heavy Demand Zone -Heavily oversold

hypecoins

Going long here and taking profit at the 102.5 level. Gonna monitor momentum to see if it can climb further or fall back down to even lower levels.

hypecoins

I was too early before on my short, but now the signs are here. It's time to sell US

hypecoins Updated 

Observation: 1) The UJ pair has moved up aggressively. Price is approaching a strong resistance and a correction is coming. 2) The TS has crossed the KS line. Recommendation: 1) An aggressive strategy would be to short the pair now and set your stop above last month's high of around 106.8 2) For a more conservative (safe) strategy, wait for a kumo twist and the...

hypecoins

See previous trade (in Related Ideas) for analysis. There are more signs of a reversal now. My previous trade was stopped out, but I am going to go back into this trade once a retracement is made to the .50 level

hypecoins

See chart for observations. Not a trade idea but monitoring the situation.

hypecoins Updated 

Observation: 1) There is a divergence between price and momentum. 2) The trend is still bearish. Recommendation: 1) Long now on a small position and add on if/when the trend reverses. 2) If you are using Ichimoku, add more to your position when the TS crosses the KS, when the KS turns upward, and when the price closes above the cloud. 3) Set tight stops and...

hypecoins Updated 

Price has been consolidating in the .76 - .755 range. There looks to be a possible move further downward as the market looks to correct after an recent aggressive upward move. TP @ Target 1 then wait for possible further down movement.

hypecoins Updated 

-Pair is bullish. -The RBA is expected to hold the 2.0% interest rate (to be confirmed). -BUY once the price breaks the Kumo (Cloud) and hold

hypecoins Updated 

This is a long-term trade. The AUD/JPY pair is in an upward trend at the moment currently being supported at the 83.5 level. I look for the pair to continue moving upward to the next resistance point around the 84.5 level. Be aware of any BOJ announcements while holding this position, otherwise happy trading!

hypecoins Updated 

I published this idea earlier but realized I missed the support from the 4H chart. DO NOT ENTER A POSITION BEFORE THE U.S. NEWS RELEASE. Just have pending orders for both and watch for volatility stoppage. LONG Scenario (Good U.S. News): If the breakout is upward, look for an entry around 1.428 and exit after a decent 40-60 pip capture. SHORT Scenario (Bad U.S....

hypecoins

This is an update on a previous chart I created. The downward trend of the USD/JPY continued Friday despite a brief bull run. I now fully expect the price to go down further and break through the 108 line before coming back up any time soon. IF you are going to short now, I'd aim for a TP around 107.5 or slightly lower and adjust your SL as the price moves down....

hypecoins Updated 

DISCLAIMER First off, I want to say that I am an AMATEUR trader and still learning. I wanted to publish this idea to see if I am doing this properly and to generate some discussion. Fundamental Analysis USD/JPY is in a serious downtrend since they introduced negative interest rates at the end of January. The BOJ has yet to intervene with the strength of the Yen....