Big down trend in 4h probably goes down to 112.500 after retraces and goes deep down to 111.200 - 100
The Chart is moreover autodidact. The USDJPY sentiment has CHANGED abruptly. Last week, we thought the pair will ignite the next rocket stage, for a jump to 131.xx but, this is financial markets: You have to adapt to it. Like Rambo in the jungle :D For all other questions, don't hesitate to leave a message. Good trades & enjoy the day...
Like the title is meaning, for the next week 1-3 weeks, XAUUSD (Gold) could go down. It has reasons and for those who may have some questions, don't hesitate to leave a message. Cheers.
Information on chart. SL = X TP1 = 38.2% of CD TP2 = 61.8% of CD
information on chart. SL = 200% XA TP1 = 38.2% of CD TP2 = 61.8% of CD
After EURUSD broke out off a triangle it's forming a rising wedge. Expecting a pullback
Basic on trendline. Stop loss above X, Tp1 38% of CD, TP2 68.2% Good Luck.
consolidation in red area is possible before next bigger move up or down
BTC will decline to $805 (just right above $800). Till the end of January it will make a descending triangle and on the basis on situation in China and other news it will make new high or new low to the closest support / resistance. More likely it will decline to $750 because people will take profits. Further decline to $700 is possible because even such decline...
Good morning traders. 121.6 marks strong institutional resistance as well as trend line resistance. Until this pair manages to make higher highs selling opportunities are preferred. A rally up into 121.6 will likely be matched with quick selling. BEWARE OF US CONSUMER PRICE DATA AT 08:30 EST!
Good morning traders. There is a cluster of institutional resistance between current price and 113.76. Additionally our research is favoring further downside on USDJPY. Shorting opportunities are still preferred and a push up into the latter resistance figure at 113.76 will likely be matched with quick selling. BEWARE OF US CONSUMER PRICE DATA AT 08:30 EST!
Good evening traders. This pair is clearly in a downtrend. 122.02 marks key resistance to keep pressure on the downside. Only a sustained break above will begin to put pressure back to the upside. Until then, selling opportunities are preferred. The 121.6 figure marks key institutional resistance where sellers may be looking to add to shorts. A push up into...