AUDJPY has reached important key level, where it'll start reversing. Breakout + retest of the trend line gives us a strong indication to open a short position.
Signal ID: 73920 Time Issued: Friday, 06 November 2020 03:42:15 GMT Status: open Entry: 122.102 - 122.495 Limit: 121.550 Stop Loss: 123.122 The Breakout Opportunities system has just sold EURJPY at 122.286. The system recommends entering this trade at any price between 122.102 and 122.495. The signal was issued because the EURJPY has broken its 24-hour low while...
EURJPPY after breaking below the daily structure hit the ascending trendline and retest the resistance area at the 0.5 fib level. The price on the 4h chart is moving inside a minor ascending channel. IF the price will break and close below we will set a nice short according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure ->...
CADJPY on the daily chart broke the ascending channel. The market went for the test of the weekly support at 78.300 before testing the 0.618 of the previous leg at the retest of the channels trendline. IF the price will break below the 4h support, we will set a nice short order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple...
USDJPY broke above upside confirmation, more upside !
AUDJPY retesting 1st resistance, more downside!
USDJPY brokedown below the descending triangle support as expected from my previous analysis. Possible price action indicated
Im long the euro/yen on daily timeframe and now price on 15m chart has presented a good entry signal bouncing of uk pivot point. long to a higher high. the dollar is falling and eur/usd is highly correlated to dragon, so euro/usd climbing signals bullish interest in euro/yen all be it a bit weaker.
TF: 8 Hr Looks like a possible short if price can hold below the trendline
🔸DAILY CHART EXPLANATION: . . 🔸Last week we posted an idea talking about this pair when it was facing the Support Zone, and we were waiting for a definition. . 🔸Now, we can observe that price is breaking the Support Zone to the downside. . 🔸If it consolidates below, we consider that it has bearish potential towards the next Support Zone at 101.300. . 🔸Will look...
While US elections are transforming in a thriller that reaches its final word, we're looking at AUDJPY is being cheeky where it is. First of all, price recently broke a long-term falling wedge and after that it managed to hit the 75.xx level and since then we notice that buyers and sellers have slowed down the tempo, hence the moves are more clean. At this...
USDJPY on the monthly chart is testing again an extremely strong support around 104.500 . On the weekly chart the price always try to push back the bears from the break of the support. IF the price will break and close below 104.100 we will look for a nice short position for the test of the monthly support. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple...
Hi Assalam-o-Alaikum , Dear GooD Afternoon Hope you are well and enjoing your trading , i'm here with my new analysis of GBPJPY GBPJPY analysis 05 Nov 2020 I hope my analysis will help you in your trading best of luck share your point of view about GBPJPY in Comment Section , Thanks FX:GBPJPY OANDA:GBPJPY FOREXCOM:GBPJPY
Price is facing bearish pressure from our first resistance, in line with our descending trend line, where we could see a further drop below this level to our first support target. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.
AUDJPY reversing from 1st resistance , further drop expected!
AUDJPY testing trendline , further drop expected !