#USDJPY Short Idea (Structure, Fibonacci) @TradeYodha TradeYodha.com 1. Is Daily chart showing us a possibility of H&S (Head and Shoulders) forming? 2. on 4H zone we have 200sma. The price has closed above 50sma so the next target can only be 200sma 3. 200sma is in an important area where there is a lot of fib confluence indicating formation of advanced...
@TradeYodha (TradeYodha.com) #USDJPY Bat and Gartley Patterns 1. Bat Pattern in the zone 2. Gartley Pattern in the zone 3. Previous Structure 4. Harmonic Move 5. Confluence with 61.8 fib level in the zone 6. 200SMA reaching the zone 7. DXY (Dollar Index) is also due a retracement. See related idea. That should being USD to this zone for a Long Entry I would...
#USDJPY Daily Butterfly Pattern Short Idea 1. RSI divergence showing up on 4H indicating slowing momentum but is not double top 2. round number 122.00 confluences with fib extensions 3. Price is not oversold yet. There is still room for upward movement before it hits the zone 4. 50SMA can give us our first target Hope this give you some useful ideas, don't...
@TradeYodha (TradeYodha.com) #EURNZD 4H Short Zone 1. Check out wicks and spikes indicating high supply in these zones 2. this zone confluences with major fib levels 3. they also confluence with round number 1.50000 4. Possible Bat pattern setting up too in that first zone Hope this give you some useful ideas, don't forget to hit the like button :)...
@TradeYodha TradeYodha.com GBPCAD 4h Short Opportunity 1. Structure retest 2. FIB 38.2 level confluence with 161.8 fib extension 3. 50 sma in the region Beware of the round price level 1.91000 close. Price can retest that and fall Hope this give you some useful ideas, don't forget to hit the like button :) Thanks Remember- Plan your battle well in advance and win.
#AMZN #AMAZON Possible Short Idea (Bat Pattern Forming) Butterfly Pattern Fib confluence & 2 patterns overbought Do you own analysis but I hope this give you some useful ideas, don't forget to hit the like button :) Thanks