BUY/LONG ZONE (GREEN): 161.550 - 166.700 DO NOT TRADE/DNT ZONE (WHITE): 159.750 - 161.550 SELL/SHORT ZONE (RED): 155.710 - 159.750 Monthly: Bullish Weekly: Bullish Daily: Bullish 4H: Bullish Previous bearish trend has been labeled along with the DNT area and the initial bullish zone that price broke into to flip the trend. Currently price is onto the next...
Price is at the highs of Nov '23. Double tops are forming on the 4H and below. Looking for the M to complete on the 4H at a minimum before returning to bullish price movement. Price could very well continue bullish from where it currently is, but we shall have to wait and see.
Have a trade floating open on EJ currently I'd like to explain why I took this trade I have 5 questions I needed to get answered, they are as follows Question 1 - Is EURJPY in momentum (bullish or bearish)? Question 2 - Who is interested (at this time)? Question 3 - Where are their stop losses? Question 4 - Have those stop losses been taken out? Question 5 -...
After an uptrend, EC went side for a longer time, I took trades in the middle of the range! Not the best way to do it. Hopefully next days and weeks it will leave the range and go north.
EJ has some amazing bullish momentum behind it- and I am looking to continue to ride this trend and long it! I am waiting for at least a 50% retracement and price coming into the daily fair value gap (this is a must for my system!)- then we look for market structure shift on the hourly and attack! This is looking like a very yummy LONG! Follow and Stay tuned my...
EJ has some amazing bullish momentum behind it- and I am looking to continue to ride this trend and long it! I am waiting for at least a 50% retracement and price coming into the daily fair value gap (this is a must for my system!)- then we look for market structure shift on the hourly and attack! This is looking like a very yummy LONG! Follow and Stay tuned my...
TIMING: ASIA LEVEL: DAILY, BREAKOUT SETUP: REVERSAL (Broken Trendline + Double Bottom) ENTRY: MOMENTUM
Hi everyone. As we have a BOS to the down in 1H TF, now it's time for a pull back. I think around 161 is a good area to look for CHoCH in lower TF(like 5min) to go short. Or you can set a limit order by your own risk. Please consider the risk management. Lets see what will happen... Good luck.
EJ broke structure - I would wait for the price to return to the point of interest and begin working. If it breaks upwards eventually - let the idea go, however if it breaks the second structure? Take the sell. NOTE: This is not financial advice, please do your own research and be aware that any risks are being taken solely by you, the individual.
Took two losses this morning on EURJPY. Great entry set ups last night using the A2 systems by #ASFX Two things I should consider going forward: 1) Divergence 2) not off a key level like the previous to winning trades. Maybe this was forcing a trade as I was trading the continuation of the trend. #EURJPY #short #sell
The Daily candle just closed at 147.58. This price was our previous Daily Level. Price is still technically in a range between this price and 146.71. After spiking up to previous Monthly High at 148.4, we rejected those extreme prices and came flying back down into the current range right now. Price may continue bearish from here and we can call it a Fakeout as...
Last week I shared my reasonings for the likely continuation on EURJPY, as we can see from the chart, we have now entered a major supply area of which I will be looking to go short after a market structure shift on the lower timeframes. (15m/5m) There will be lots of fake moves/manipulations in this area due to it being a major zone. So remain patient, be...
Market seems to be setting up for JPY strength and potential validation of higher timeframe trend change. Lets see if it plays out
The pair has a head and shoulders formation with price confirming the breakout of the neckline and previous structure support on min15 has turned into a resistance thus we will be looking for shorts around 147.45 to 147.49. Stops above: 147.74 Targets at 147.30 & 147.08
Mid term outlook on GJ and EJ bullish and now we have a potential setup to join the trend. Classic break and retest. Lets see what happens