Once again guys, we have another beautiful set up here.. oh btw, if you don't follow me already.. HIT THAT FOLLOW BUTTON.
Right,Right.. Let's dive into the technicals. We have a nice Bullish run before price reaches that point of resistance where price starts to retrace bearish. As you have probably gathered, my strategy is simple and I would recommend everyone...
Price has been travelling in a large ascending channel, we experienced a fake out to the downside, price made its way back into the channel annd shot up all the way up to the previous resistance point which is quite significant. We saw a major drop the last time we were here, can it happen again down to the bottom of the channel?
We believe so...
Price is...
Anticipating shift in trend downwards as price action demonstrates a strong momentum swing down. Additionally, MACD + Triple Time Frame RSI provide additional support for my idea
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Introduction :
After last December's US economic uncertainties (US-China trade wars and US government shutdown), JPY played its role as the world's safehaven currency and rallied back to its mid 2017's levels. Since January this year we've been witnessing an indecision as to whether it'll continue its move downwards or pullback to its previous 130.000 levels on...
BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
Possible big sell move incoming for EURJPY. We're seeing a very strong move to the top of the trend line channel which could possibly mean a strong reversal is coming. We should wait for conformation to enter the trade, if the candle closes above the resistance line then we can enter buys, if not then this set up could bring in a lot of pips. Keep an eye out as...
is on a strong bullish momentum that started last week but right now im looking for a possible long position at th end of a daily pullback that might be at the 126.15 area where the followin confirmations lines up:
1.Desceding TL
2.Mp and AT fibs 2x 61%
3.End of a 3rd wave correction if price get rejected and close above the mentioned level
BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
If you were in the coaching call yesterday then this setup will look familiar to you. We rose steadily last week before finding some resistance here at the top of the kumo. I am looking for a springboard move off tenken sen and the kumo as a confirmation for a long entry. In the coaching call I mentioned a more conservative entry would be just above the wicks of...
BAsed on yesterday analisys we can add an extra low timeframe confirmations to the already formed daily set up so what we got here in the 2h tiemframe is:
1. 2h channel formed and respected
2. holding right above previosu structure
3. 4th Elliot formation
4.Possible candle formation
Another JPy showing strong bullish momentum where must of them have broken previosu structures and this one aint no exception,we got here soem nice confirmations to think about a possible upside move atleast to the 126.00 if the right criteria is met ,those confirmations are:
1.Double bottom formation (124.00) area
2.3rd daily wave already formed
3.Broke...
Potential Buy and Sell Stop Setup, at both levels.
Technical chart with spotted zones of interest such as previous resistance zone and pullback support zones.
Trade no.1001
Currency: Eurjpy
Pending Buy order
Buy stop at 125.01
Max Stop loss at 124.43
Take profit at 125.68 or 30 pips+
Pending Sell order
Sell stop at 124.40
Max Stop loss at 125.04
Take...
EURJPY – Price on the monthly is closing as a monthly bearish engulfing. However, price needs to break the yellow zone before bearish momentum is seen. Bullish momentum from this area, we could possibly see price push up into the upward blue zone.
Buy Bias: A break above 125.000 could push up to 126.250
Sell Bias: A break below 124.000 could push price down to 122.000
BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
