After the June high of around 1.34, EurJpy corrected and found strong support in 1.28 zone. October is a recovery month for this pair with the price rising back above 1.3 important figure Now the pair is in a minor correction of the recent leg up and I expect continuation to the upside 1.31 can be a good place to buy and long term traders can target 1.5 zone...
EJ is currently at the top of a bearish pennant (Monthly/Weekly T.f) the pattern is also visible on the RSI on the Mly T.f The next target is 126.800 . the target after that is 117.740 . We're currently at a fib level. If price is ever to pick up, it'll do so at this level. But i would wait for a break to the upside, then a restest and continuation before...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
As you can seen the price has broken the structure from the previous bearish trend meaning we are ready for the upside momentum
Trade was taken, stop loss placed below the wick of the candle that broke the high of the previous candle, partial position was closed at 10 pips with the rest of the runners having a stop loss at break even. This was a perfect set-up, when we scalp these ranges all we look for are predominantly 10 pips, manage risk and enjoy the day. Will continue to look for...
Not much analysis to go over with this potential trade, we are currently trading within a range where the resistance is signifacntly strong meaning any bullish momentum beyond this could be a continuous move to the upside. The key here is to watch out for potential fakeouts that we have seen over the past few trading days, the market is having a blast with...
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This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Sell Stop At "When it touches Yellow Line" TP at Green Line SL at 30 pips above Yellow Line
Technical Analysis: The pair managed to break the descending channel to the upside with the help of a double bottom formation. A lower correction could be seen to the highlighted zone before a rally all the way up toward the target profit. ------------------------------------------------------------------------------------- Trade Idea: Buy Limit Order @...
Hello Traders! Check Related ideas for market context! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Looking to target TP Areas from Buy Zone - Strong break above TP Area 1, target TP Area 2 (30+ PIPS) Trade at your own risk!