Like the title says. The Weekly;
... A Blow-off Top in equities . The Daily;
Looking to enter longs on a pullback retesting previously broken descending trendline in confluence to the 0.618 fib retracement and previous area of S&R.
This is the result of the analysis I made on 12th February, 2021. Price eventually broke out of the supply zone, retested and is going higher. What do you think? Share your opinion in the comment section.😇 Please support this idea with LIKE👍 if you find it useful.🥳 Follow me to receive more contents like this.🤙 Happy Trading💰🥳🤗 Trading Involves High...
We have just entered a long position on EURJPY. We are currently working off a 4hr and a 1day time frame. If the trade doesn't play out by the market closure later then we will look at manually closing out of this trade to prevent running any trades over the weekend.
We anticipate to buy hard on this pair because the price is approaching the lower trend channel line and the stochastic is bullish.
Waiting for a break out of the range before taking this trade. Been sideways trending since December 2020 so hopefully looking for it to break through the current 23 line on the fib.
Heya! all here is my bias for EJ, as I shared before (already link the my idea down there) now I'm looking for longs.
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.
Hello Traders, Here is the Top-Down Analysis of EURCAD (Monthly, Weekly, Daily for direction and 4H for entry) for Week 40 - 30 Sept M > Price is moving in a triangle. Price has completed W formation by dropping to test the neck. W > We can see M formation and expect price to move up to test the neck of M as our first target. We can also see W formation,...
Hey tradomaniacs, welcome to a new free trading-setup. EUR/JPY: Daytrade-preparation Market-Buy : 125,650 Stop-Loss: 125,300 Target 1: 125,950 Target 2: 126,210 Target 3: 126,465 Stop-Loss: 35 pips Risk: 0,5 % - 1% LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow...
Price has retested the major trendline + Recent Support. I'll be going long on the close above the 8 EMA
Zone correlates with 61.8% fib retracement.
EURJPY broke out of Key support last week at 124.4 and I mentioned that we should wait for a retracement back to the key support and the pair have done just done and might be ready to skyrocket, Ofcourse nothing is for sure in the currency exchange market so a close below 124.2 will negate this setup and