Currency pair CADJPY potential breakout trade, place buy and sell stop orders.
Expecting at least a 100 point bearish move on Nas 100 today. A triple top over 3 sessions. 1 Hour looks good.
Hi Traders! We are in a range looking for a clear direction. We are stuck between Support 134.618 and Resistance 135.326. A breakout in either direction is what to look out for in this setup. For a breakout to the upside, we need to break and close above 135.326 to target 137.774. For a breakout to the downside, we need to break and close below 134.618 to...
Hey Traders, We posted this idea yesterday with our first TARGET now complete. Our level was respected perfectly. At the end of last week's Friday close, WTI had settled after a three week continuous plunge that had hit a low that was last reached in late 2021. The crash was caused by anxiety over the US economy. Speculators and investors had rolled out of their...
Hey Everyone, Perfect start to our week with our Bullish Targets 2017 and 2028 now HIT, highlighted on the chart by our arrow. 2028 is a weighted resistance structure and as highlighted on the chart needed a EMA5 cross and lock to open upper range or a rejection at this level. EMA5 did not cross and so provided the perfect exit for now. As stated already...
Hey Traders, Please see our chart idea fir USOIL and range projection. TARGET 1 - 73.61 TARGET 2 - 82.72 We are looking for break and retest as support to trade the movement. Please like, comment and follow to support us, we really appreciate it. BluetonaFX
Hey Everyone, Please see our 1H chart idea with updated Goldturn levels and targets. We saw resistance turn to support on Friday with price bouncing off the 1999-2005 structure and now testing resistance at 2017. We have Bullish targets above which we will track and trade level to level with EMA5 cross and lock. Structure breaks will give openings to bigger...
Hey Everyone, Please see our 4H chart idea with updated Goldturn levels and targets. We saw price challenge 2060 resistance structure last week with a EMA5 rejection on 2046 Goldturn inline with the AXIS TRENDLINE. This followed with a rejection into the 2005 Goldturn support, inline with MA63 AND MA84 to find dynamic support. This is not far from the updated...
Hey Everyone, Please see our updated weekly chart long term range and targets. Just like our monthly chart we have identified a AXIS trendline for this chart aswell. We have also update a new updated long range/term target at 2107 AXIS. Price is also at a crucial part of the range on this chart also testing and playing on the axis trendline. We will need to...
Hey Everyone, Please see our updated monthly chart long term range and targets. After tracking and trading our previous monthly chart idea over the last few months and smashing all our targets, we have now updated the monthly chart idea with a new updated long range/term target at 2185 AXIS. Price is currently at a crucial part of the range testing and playing...
Hey Everyone, We finish off this week with a 100% HIT rate!!!! Our final target was hit on this chart idea yesterday which finished off with the perfect exit for the rejection to follow today. We are seeing price fins support at 2005 Goldturn, which was previously a weighted resistance structure now turning into support. We would need to see a New Goldturn...
Potential Breakout trade on currency pair USDJPY, place Buy Stop and Sell Stop Orders. Manage your risk accordingly.
Hi Traders! We had a breakout to the upside of our symmetrical triangle setup yesterday. We had the retest of the breakout and had a bullish push to break and close above the 0.67172 resistance level. PLEASE NOTE: LATER TODAY, THE NON-FARM PAYROLL (NFP) WILL BE ANNOUNCED THEREFORE THE MARKETS WILL BE VERY THIN SO PLEASE TRADE CAREFULLY! We will continue to...
Hi Traders! We currently have a symmetrical triangle setup here where the breakout could happen in either direction. We are currently in the middle of the range looking for a direction. To the downside, we must break and close below 0.66266 for a further push down. To the upside, we must break and close above 0.67172 for a further push up. Please keep in mind...
Hey Everyone, This chart was posted Sunday for the weeks trading plan and as you can all see this played out to perfection marked with our directional arrows in sequence. We had the drop into support structure and then rode the entire move up level to level confirmed with cross and lock. We continued to maintain and share our direction to buy dips for the ATH...
Hi Traders! We currently have a triangle breakout retest setup here. This usually happens after a momentum swing to either direction and then a retest of the range before the breakout. In this case, we broke out to the upside and are now looking to retest levels as Support. The main level in mind here is the 50% Fibonacci retracement level at 1.25157. The reason...
Hey Everyone, Okay for those of you who have only started following this monthly chart that we have been tracking, please review all the previous updates below as we continue to track this level to level to get upto date. This has been playing out perfectly and now we finally have a candle body close above 1976 on this monthly chart, as the month closes. This...
Hey Everyone, Please see the daily chart setup we have been tracking and trading successfully for a few months now. We have now updated the retracement and swing range on the chart. If the retracement range continues to hold we should see another challenge to 1992 and 2026. A break below the retracement range and we are likely to see a challenge to the swing...