Hello Traders! Looking to see if the Asian Session wants take the N.Y sell stops and fade higher into tomorrows trading session. We can see this as a common 20 pip scalp typically but could run longer into next N.Y session.
Hello Traders! As you can see I was able to catch the Asian High as the entry. This high also happened to break the late N.Y buy stops and price faded away from those highs. Price then displaced lower and took out many sell stops.
Asian Tiles Triangle Pattern Breakout, Company has performed good last year and we can expect a recovery from now on .
Nice reversal short, looking a potential to reverse the gains made in Fridays session.
It's respecting the short resistance ..trying to break 1840
This is a textbook pre-London setup. During the Asian session we often see (especially in Yen pairs) moves that set up for the London session. What this does is provides us with liquidity of retail trader stops that we can take advantage of. This was a simple 0.7 R trade that I was in and out of within 45 minutes. It amazes me that traders still put their stops...
Price trending bullish - Made new high - Re-tested key resistance level - Needs to break this to continue bullish - Potential bearish pullback if price rejects 136.44 again
Potential Price action for GBPJPY - Most Recent impulse is bullish - Price currently re-testing a key level on HTF - Watch out for key resistance area 136.00
Price currently holding support A bullish pullback is likely. These are key levels and potential price action I'll be expecting
Looks like price found support and started pulling back. The price action in this range is very ugly. I prefer to wait for price to break out one way or the other. It can breakout bullish for a bigger pullback on the HTF... or it can break the lows to continue the trend. Wait and see.
Strong rejection from daily support zone Price closed back above major support, potential fakeout to go bullish High chance that price will go bullish and re-test the top of the range
Bias is bullish after price closed back above major support Look price to break intraday resistance for potential buys
Price is in a nasty range on the 4H. Price can go either way. Best thing to do here is wait for breakout or rejection from one of the major zones.
Idea this week Not seeing much in the market but this is looking good... nice rejection on the weekly, daily, AND 4h! Ideal set up hopefully. What you think of this pair?
Hello!! Asian paints is quite a good and famous name in the paint sector in India and it is quite bullish for the long term and for now I think target could be 1860 if it broke the resistance and then that resistance is quite strong can take reverse from there or maybe breaks and sustain above it so trade only after confirmation. and if somehow it took reversal...
Closing in on the 0.786 this could be a nice swing. Is this the lower high of the double top? Or are we going to see a continue push to the upside
GBPJPY Creating a downwards channel and has now rejected the .786 and started to push down. Keep in mind the 50EMA is still below price and we have this strong support below price also. Be careful when taking this trade