Today's focus EURJPY (EURUSD & GBPUSD)
Pattern – trend continuation
Possible targets – 148.30 – 148.65
Support – 146.65
Resistance – 148.30
Indicator support – hard sloping EMA, 0 line dip and break.
Looking at the EURJPY, we can see that buyers have started to set up a new continuation pattern after yesterday's fightback buyers have set new highs today but...
Hello all
Following yesterday's false break out and reverse (looking for stops), I entered at the first bearish pin bar as price started to fall on the 1 hour chart.
I am now watching price for a second entry, currently its quite a wide stop loss for a pair that doesn't move that fast (or may do due to current liquidity)
If I can enter at a higher price and...
Hi Traders,
A very good bearish setup to hop on the bearish trend and get some quick 50 pips, target to be booked at next support at 0.7500.
GOOD LUCK!
LIKE AND FOLLOW TO GET MORE OF MY ANALYSIS
Hey, traders. Took this Gartley in anticipation of the downtrend to continue. Risk to reward is 1 to 5. Good, isn't it?
Click like, follow and drop some comments. Check my other ideas.
