Looking at the Daily chart, EUR/JPY has touched a one year low today. Will it keep going lower? Or is this a good time to get into a Buy Opportunity? We will still need to look at the next few days to see what's in store for price action movement. As in my system, I will be looking for a Bullish Divergence Candle to confirm a good entry point for a Buy...
This entry was simply based on the trendline violation principles. of course other confluences had to be adapted before making an entry. *Disclaimer* This is not financial advice. Forex trading is a risky business. Trade at your own risk. Patience and risk management are always key #Trade_Like_A_Magnate
As you can see from this EURJPY forecast we expect to enter and exit the market as shown on the chart. We buy and sell as shown on the chart. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely.
Welcome back Traders, Investors, and Community! Hi Traders, EURJPY on H1 has broken below the Support and has retested it, got rejected by a large red candle followed by several red candles which indicates we have the potential to go lower but before going lower it might go up to around 131.54 ⬇️Sell now or Sell at 131.54 ⭕️SL @ 131.96 ✅TP1 @ 130.75 ✅TP2 @...
Signal trading for EURJPY Daily trade or Swing
Watch fhe resistance daily for confirnation sell.. Description on chart
Hi.. I have idea for this pair. I think will reject from resistance and continue going down. Leave comment below for any idea and dont forget like this idea.
... A Blow-off Top in equities . The Daily;
As stated in my last analysis this has now retraced back to support after it broke through a major downward trendline. If this can reject this support and stay above the trendline we can long this. It has just made a sharp downward move so this could sharply rise again but the safest way to trade is to wait for the market to calm before entering a trade. MACD is...
As previously reported on this pair this has now started to break above the resistance and trendline. This a major trendline so this is a significant move that could possibly end up a false breakout but a trade can still be entered with the right conditions. I want to see this retrace and test the support and/or trendline before rebounding upwards again before...
I have previously mentioned that this is near a major downward trendline. There is also a lower trendline which has the price on this tapering to a point. Price is looking more likely to breakout higher from here providing it breaks the resistance. If it does then we can look for a long after a retrace, keep in mind there could be a false breakout although with...
I believe the overall trend for this pair is bullish bias, however there will be be a moderate retracement to and below the 124 handle. I'll keep it short on this post and let the audience do some digging on my chartwork to see if it makes sense. I based this chartwork solely off pure market movement and left out indicators. Please feel free to ask me any questions.
The counter has made a retest of the broken head and shoulder neckline. It has made the retracement in the form of a bearish flag and has broken down from it. Further, it has crossed critical support of 123.9 and hence we expect the pair to be bearish in the short-term.
We noticed that on the 1m timeframe price broke resistance that was being held even on such a small timeframe, as it was a new timeframe to trade off of, we used half risk when we executed the buys, with our stops below the 30m breakout candle, we secured 12 pips as price tapped into resistance before stopping us out at BE.
We are currently trading in a 15 pip range. If we break resistance, and form support on lower timeframes, buys could be valid up to the next form of resistance as there is a 15 pip range to target, however I have highlighted a zone we need to watch with caution as it is a previous rejection area. This is why I would prefer sells, we have a much cleaner 18 pip...
We are currently trading in a 15 pip range. I will not be trading in the range as it is too small. If we break above resistance and form a support on lower timeframes, I would look to execute buys up to the next resistance, I would look to secure positions at the first two buy targets highlighted on the chart as those are rejections areas. There is clean traffic...