Another breakout scenario is
at the verge of happening in
Monaco coin after a good leg up
reversal uptrend in the last days of June
and at the first week of July.
After that it was in a correctional pattern
for some time since then. Now it seems it is
showing a good indicators behavior of an
RSI is at 46 and 50EMA is showing a move to
go below the...
EURJPY successfully broke the support level, but in contrary, we can't see any fast downtrend, move your stoploss to the latest resistance and go for countertrade if the market rests above the resistance level...
Good evening traders,
Here we have a short setup on the USDJPY.
We've spotted a breakout to the downside and capitalised on the break on the lower timeframes.
Details about entry and exit levels are in the video.
Go brokeout through last resistance and now entered an open space. No history, no sellers in negative profit. Only new buyers and those who just sold but already regret it. That is the same story we've seen with PHX and MTH. Huge potential depending on hype and fundamentals (have no idea about it).
Price may come back to ~1230 or continue to grow from here, but...
Here we have a break of a support level on the AUDUSD 1H.
We are looking for an opportunity to go short. For that, I put a limit order below the level of break in hopes of a pullback.
SL set above minor high, TP above the next major support.
I wish you a good start of the week.