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INFORMATION
EURJPY if it broke and close above the key. The growth may continues
Resistance - 163.44
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❤️MY FOREX TEAM - Technical Analysis
Technical indicators SMA | EMA | MACD | SAR | VWAP | RSI | MARKET TREND | NEWS
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FOMC MINUTES make changes to current trend
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Hi everyone,
$JNJ formed a nice Double Bottom pattern on Daily timeframe . The price hit twice the strong support formed at around 155 price level.
It recently broke the resistance level at 167 and now it is ready to test it again as a support level.
If tested successfully it offers a really nice buy setup.
If you like the idea, do not forget to support with a...
Gbpusd has break the resistance (1.38000) We have to wait for retest.
It's good to go buy on GbpUsd at 1.38030
Stop Loss 1.37830
Tp1 1.39060
Tp2 1.40000
Risk reward 1- 3.33 and 1-6.56
Looking at the charts we are trading inside a descending triangle, after the dump, we had this could also be a continuation to lower levels but i see a relief rally coming soon in markets. a final pump before another major crash.
one more thing noting here is this possible H&S in the making, there is a low chance of this working out as we are at the BOTTOM not...
As you can see the market is moving in a strong long trend.
Probably it'll break the resistance area between 1.27600 and 1.27450.
We recommend to buy the retest of the area with a risk-to-reward ratio of 1 to 2!
Good luck!
COINBASE:ETHUSD
After a $192 to $250 price movement. Price had 78.6% retracement and has then formed a Hidden Bullish RSI Divergence.
Price started moving up and consolidating forming an ascending channel.
Further consolidation could be expected before breaking out of the channel.
Target: $275
UsdCad has made a brekout from consolidation and now seem to has shown its way. With a proper signal we can expect a downfall until next consolidation area.
The price is breaking a flag pattern, break of restistance in this strong uptrend would be additional confirmation for us. So enter right away or wait for pull back if you are more conservative... Remember, you need to monitor candlestick patterns because it could be triple top as well and then it's going to be an end of trend.
Entry price - 112.450
TP - 113.450...
It's been a while since I've published an idea, but that hasn't worried me. I'm not in the game of trading just to trade. I'm in the game of making as much money as possible. If a move isn't attractive to me, I won't bother making it just for the sake of trading. Most of my recent research has been in foreign markets such as Russia, South Korea, and Vietnam, and a...
