We are in price action currently in a uptrend channel on the 4h we see a fakeout to the top of PA if we can it see it fall with a retest then I’ll enter in shorts
Weekly retest of breakout occurred last week on weekly and showed major beautiful resistance. We then can see nice rejection on the 4h. Keep it simple it’s all in the technicals. But I would enter this trade. I also want to start a community so click my link to join the telegram whilst it’s free
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Very likely to spike to the 11.5k area. We can see a obvious bullish. We see moment on the first swing and a obvious pull back. So are we going straight to 11.5 or are we cutting it short?
EU has been forming LH and LL on daily, currently in a swing trade to the 1.618 fib. RR 1:2 . Use proper risk mangament. I am not responsible for any losses, so trade carefully and good luck. Feel free to like and share ideas and thoughts. Safe Trading to all :) Also is in a daily overall downtrend.
USDJPY bounced off a weekly ascending triangle, like to bounce to bottom of trend line, Major move gonna happen soon, either a break to top or bottom. Im thinking likely a break to top cause weekly looks like a bear flag, could possibly be a bear trap. Let's wait and see. Feel free to share your thoughts and opinions.
It retested monthly creating a lower high and massive consolidation. If it breaks support of trendling, I will put a buy up after retesing. Comment your opinions down below. Trade at your own risk. This is not trading advice, just how I see the markets.