We are opening a long entry on this pair. As you can see price has found support & starting to creating the inverse H&S pattern. We are currently starting the Head pattern on H4.
Likes and comments welcome.
Many thanks .
We looking to opening our swing long trade on this pair, using the Monthly chart H&S pattern. We can opening the long trade with the anticipation of the right shoulder.
Entry and Sl Marked.
Looking at the wave count, we are currently on wave 5. we anticipate some sort of correction in the coming weeks or days and with that in mind we are opening our first sell position on this pair.
Entry and SL marked.
Hi All ,
Following on from our previous sell analysis on this pair , as you can see we banked over 150pips!. Now price have broken the trendline and retesting that trendline, which gives us an opportunity for a final sell entry .
Entry and Sl marked.
We are looking for wave 4 down inside the ascending channel. While the JPY fundamentals has drive the Jpy lower in the month of May, we should look forward to the economy to start re-opening in the coming weeks on month to support this technical analysis.
entry and sl marked.
We have a H&S pattern forming on the weekly and inticipation for the next move we should set our buy limit or active entry @ 0.92xxx . We are looking to buy the right shoulder move up and then look to sell further down the line!.
Following on from our previous sell analysis on this pair, this is an update as fundamental has played a major role in the trend mover higher. However our Sl is still intact. We still very much in the trade.
looking at the weekly we anticipate price to start retracing in the coming weeks of month, only if japan comes out of the state of emergency on...
We are looking at a short term buy on this pair. Looking at the Hourly charts and Weekly we should expect at least another impulse up. Weekly seems to look like a FLAG.
Entry and Sl marked for your information.
Looking at this pair we have an impulse wave 2 up from the descending impulse and also we are inside a downtrend diagonal which signals a trend reversal from bearish to bullish. This is not a short term trade, so you will have to be patient and stick to the sl marked, once price move 50pips into our direction you can move SL to entry or above.
We opening our short term buy on this pair. Price is currently inside an uptrend channel and if we follow wave principles we have wave 2 of the descending diagonal underway.
Target 1.52-1.55 xx
entry and sl marked.
Price has given has that second touch of the trendline and as we can see we have the bullish momentum kick starting with bullish engulfing candle. We are now looking at locking this trade with a long term bullish bias and opening our long positions.
FYI as we are still inside the channel expect price to move top to bottom until we break the channel...