Hello traders! There is a sell opportunity between lines B and C for 20 pips. This trade can be taken with a sell stop order as a set&forget setup. It`s recommended to position stop no further away than 1:1 RR away from entry, although this may vary with markets and volatility. Best, Jay
Hello traders! In this trade we are looking for a momentum completion from line B to line D for 50 pips. We also have a 25 pip target between lines B and C if price goes that way. These trades can be taken with a buy stop order as a set&forget setup or we can wait for PA to close above line B as with the T1 and T2 levels. In the case of the T3 level, price...
Price has been on the rise and following an ascending channel. It just reversed from a strong resistance level and currently at the support line of the channel. It is also currently at a horizontal support level. I am not sure of the next move but I see two possibilities: Scenario 1: Price may continue to follow the channel and bounce off upwards to test the...
Bullish flag breakout for AUDJPY. Price may go higher.
AUDJPY to climb from its upside confirmation at 74.550 where it could potentially bounce further to 76.200. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
If price breaks the high of the pin, then possible up move.
SIGNAL: LONG issued on 09/18/18. TARGETS: Dashed gold lines with 1st @84.630 for an approximate 295 pips. STOP: 78.675 Fib Extensions: 1 - 2.618 (Solid Blue lines) Signal Strength: Weak. Watch for correction.
Sell below 88.40. Stop loss at 88.66. Take profit at 87.91. Reason for the trading strategy (technically): Price has dropped perfectly to our profit target once again. We look to sell on major resistance at 88.40 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension) for a further drop to at least 87.91 (Fibonacci extension, horizontal swing...
Hi traders, I have my trade on break-even after we moved lower once the 1H candle closed (my entry is at the first spike, green candle) and now I am anticipating a break of the support area marked in orange. Once this breaks, I will lock in some profits and very likely add to a 2nd position, depending how everything forms. Be aware that trading Bollinger Band...
Hi traders, Bollinger Band Spikes give me the best trades but even if we have multiple spikes here, they are not valid for me. I look at the price action, the angle of the spike, previous support/resistance areas and so on. Taking every Bollinger Band spike blindly will get you in a lot of trouble. We also see a slight RSI Divergence. In this chart, I am waiting...
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
As we noticed from 2 weeks before AUDJPY parrity made its Highest high point which was also predicted as strong resistance which 89.50 Band. Adding to this significant drops at volality in August triggered this chart to start it's countertrend as 8th month started. Now chart holds 86.25 point which forms a good opportunity to sell. 86.10 is the key level which...
I have a bias to SELL side triple top at 86.860 ( pink zone ) price is under 50 & 200 EMA. and break down the trend line
One of the possible direction for AUDJPY . Let's see how it's played it self out.
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron