Hey traders,
I linked my previous analysis on USDCHF in this idea published so you see the full idea.
By now we are getting uptrend impulses so my next trade is a buy; however, if market starts making an ending diagonal pattern I will plan a sell at the breakout.
Carlos
Hi Guys, AUDJPY is heading towards an important Support Zone which has been tested thrice ranging from 85.16-85.67. Will be looking for a potential buy opportunity if price action indicates that the bulls are going to enter market on this level of support and of course, to push the market higher. Trade safe guys and may the pips be with you.
USDJPY is currently in an overall downtrend (based on 4H market structure) , however, the market is teasing me with this perfect bullish Gartley harmonic setup.
*** 61.8 - 38.2 - 88.6 ***
Price is currently at a lower low, so although it will definitely pull back at some point, it could just put in another lower high and continue bearish. That being said,...
This morning Tesla's r(0.988) linear regression just touched a new low at 260.1, there are two possible scenarios:
Red arrow: Tesla's uptrend is over and investors should probably SHORT targeting 248.00.
Green arrow: Tesla is currently undervalued and may bounce back to the near resistance level at 286.88 continuing the r(0.988) linear regression.
My...
If the price starts climbing again and if it breaks out, there might be a nice buy setup for a relatively short time. On a daily basis the NZDCAD is on a down trend so do not set the targets too high.
USDJPY has been dropping for a while. I'm not completely sure but I marked up the chart, please feel free to comment/ask questions. I'm 18yrs old, so I'm doing my best. I didn't get any ideas from anyone else, I did it all on my own.
There's also No High Impact events for USD until Wednesday 22nd.
