Nov 2017 lows next? #FX #FOREX #yen #support/resistance
Now after managing our last two FX trades and moving stops towards breakeven i am ready for the next big trade. Beautiful bull flag got activated with the latest rally. Entered around 112 stop for now below 110. This is a textbook WXY trend continuation, with a projected target towards 125.00. I think the chart is self telling. Blessings to you all.
Recent #Yen trade analyzed. $EWJ #Japan #fx
Hi guys, All the comments are in my charts. Please like or add a thumb up if you like my ideas. Target is around 149.720-149.800 Cheers Jesse
This is my basic view how I look at the market. I see there basic trends and trading ranges. I also apply Fibonacci Retracement. I have to look at minutes timeframes to say up or down.
Hi guys, Comments are in my chart. Feel free to like/comment my ideas! Cheers Jesse
Hi guys, I will add my comments in the charts from now on. If you like my ideas please comment or add a thumb up. Cheers Jesse
Whats going on traders, today I am analyzing ETH/USD on the 1D chart. After price recently broke a long term horizontal resistance, investors are now able to consider a long position after a successful retest. Breaking the resistance zone and testing it as support is perfect for this trade. I believe now that the retest and new support retest has completed and...
Traders, how is it going? I am current analyzing NEO/BTC on the 1D chart. Currently price is falling from a recent retest of a resistance level. It appears when analyzing the chart, that current price action is part of a bigger move, where price is falling toward previous structure support. When price hits structure support levels (Around 0.00200000) it could...
Traders, we have a set up on EUR/SEK on the 3H chart, with a cycle pattern buy. (Three drivers pattern). When analyzing this chart, I discovered that price appears to be moving in patterns. Price has an impulse leg, and then has a corrective leg, and then has a new impulse leg that measures the same size as the previous one. When analyzing the chart, I started...
$USDZAR offers an optimal long entry here, risking a drop just under 13.5490. Best of luck! Ivan Labrie.
I will be posting the Weekly TF of the pair to show what is going on in the bigger picture and why I think it's going up. As it stands the pair is already, or almost finished forming a Flat correction therefore the next assumption is a move to the upside considering the previous impulse. We are forming an Ending Diagonal which acts as further confirmation that...
#dollar #live #trading $DXY $EWJ
How's it going traders, here we have a short term NZD/USD long setup on the 1H. Price has hit a Fibonacci extension swing bottom and accumulated for some time. I believe now is the time to be buying into an advantageous early position. Bare in mind this does correspond with my NZD/USD analysis, so I would recommend viewing my other NZD/USD analysis so you fully...
Today we have an excellent opportunity for Dollar on the 8H chart with a trend bottom. I really like the look of this set up! Price hit the 1.414 Fibonacci extension leg, hit horizontal support, and hit the channel support level simultaneously. There is so much structure support at current level that it is definitely a good idea to look for a buying...
"If GBP will give up easily this support to JPY (where is price now) then will start strong bearish moves. I'm excepting price down to 147.0 if this strong support area will break!"
Traders I recommend reading this entire post so that you fully understand what I have done to come to my analysis. NZD/USD looks like a long opportunity on the 12H chart. After analyzing this pair, I discovered that price appears to be moving in patterns. Price seems to have an impulse leg, and then has a corrective leg which measures approximately 124 pips...
4 Bullish Sign ---------------- 1. 50% Fibonacci Retrenchment Level. 2. Breakaway Gap Turned Support 3. Hidden Bullish Divergence 4. Potential Inverse Head & Shoulder in Making. Disclaimer : Trading Carries Risk