Here we have GBPJPY, i hvae a 4H zone being respected, so i expect to see this fall for ~80 pips. 2 Indicision candles confirm the short. Let's see how it plays out!
We have a 2H zone Long that has been set up. Confirmation was just given with the last candle closure. 100Pip stop which is just fine for this pair since it moves quick. Ask me any questions you may have!
EURNZD H4 - We have obviously sold off nicely from resistance since the market opened, looking to find support at circa 1.78800, from here we could then have our eyes on a return to resistance up towards 1.82600. Very high RR setups.
It created an impulse move, which might cause a reversal on the zone it's trading in, if it breaks below the 0.7 zone we'll be looking for it to consolidate gaining enough momentum for a bearish move if it breaks above the resistance we will wait for a continuation pattern to form then we continue bullish, till the indicated resistance above current trading resistance
Price action broke out of reversal classic chart pattern and is currently forming a trend continuation flat flag more visible on the 15min TF..i will be going short on the breakout of the flag
Examining horizontal BUY and SELL pressure, allowing us to identify our monthly High and Monthly Low zones. The aim of this analysis was to identify the pattern depicting the way in which price had formed into a descending order (downtrend), explicitly meaning that if eventually we watch price pursue towards our resistance level to retest, then there will be an...
gbpjpy is trending down inside a beautifully respected parallel channel. i'm expecting this trend to continue with the weak sterling and continue to the bottom half of the channel. finding suppoot around the 1.36 levels