GBPJPY has one of the most amazing shorting opportunity. We have a bearish bat pattern on the M15 chart, Double Top with RSI Divergence on the 1-hourly chart, candle rested below the moving averages on the 4-hourly and daily chart. Trade has already engaged, let's see how it rolls out.
USD/JPY has formed two nice doji candles on daily TF, rejecting daily resistance and golden zone retracement 61.8% - 70.9%. On 4H TF we see a nice head & shoulder pattern formed in confluence with liquidity zone, a small double top and the trendline. Keeping an eye on this pair to look for potentiall sells upon trendline break. First target will be the next...
Hello traders, Here is the full analysis for this pair. we have a double top and a bearish move to the support area:1.32474 for this week ...
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Since the beginning of the week, the market has moved and started to follow the movements we expected to see. At this point, it also gives new opportunities to instruments that are late to join the initial movement or move more slowly.
Such a possibility is NZDUSD. After the price breaks H1and H4 trend, we already have a breakthrough even on the daily...
CIpla has double top and it need to break neckline for confirming pattern, Presently getting daily trendline as well as RSI trendline support. If it broke trendline and neckline then will get a good opportunity for short. For now it seems it wll reverse from here as trendline is supporting it.
*Retracement of 78.6 at trendline support shows a reversal .
welcome to a new free trading-setup
Notice: This is meant to be a preparation for you. As always we will have to wait vor a confiramtion.
Target 1: 123,480
Target 2: 122,890
Target 3: 122,000
Stop-Loss: 91 pips
Risk: 0,5% - 1%