The impulse to the upside on GBPJPY has been going on for some time and congrats to those that have been in the move. But as you know after and impulse there is always a correction to at least the 0.382 of the Fibonacci retracement which can ben seen on the weekly chart. Since the current bearish candle on the weekly has respected the high of the previous bullish...
AT THE BREAKOUT OF THIS CONSOLIDATION I WILL BE LOOKING TO BUY GBPUSD AIMING FOR THE NECKLINE OF THE M FORMATION. ALWAYS TAKE RISK MANAGEMENT INTO CONSIDERATION ON EVERY TRADE.
as we can see illustrated above we have broke out of the downward trendline for this pair and what this means is that we should look at the next zone of co-influence which in our case it will be our second touch of the trendline at 1.7000-1.72300 , in short based on the monthly look for longing opportunities but these will be clear after we create the new monthly...
PRICE EXITED THE ASCENDING CHANNEL AND IS CURRENTLY ON A RETEST. I AM WAITING AND LOOKING FOR A BUY SIGNAL FROM THIS POINT
PRICE JUST GAVE US A NICE RETRACEMENT. I AM ANTICIPATING ON EURJPY TO CONTINUE WITH AN UPTREND FROM HERE. BELOW IS A LINK TO OUR PREVIOUS IDEA ON EURJPY
MARKET CREATED A NICE EXTENDED M FORMATION PATTERN. I ANTICIPATING ON IT RETESTING THE NECKLINE OF THE M FORMATION.
Price abruptly skyrocketed up therefore eurgbp is bullish for the long term, This is a retracement idea till the purple area before the market continues with the uptrend.
Sellers seem to be driving Price to the Bottom , Market is Creating Lower Highs and Lower Lows
HEY GUYS SORRY I DID NOT GIVE OUT ANY ANALYSIS EARLIER. HERE IS A BEAUTIFUL SELL SETUP ON CHFJPY. THE MARKET IS CURRENTLY SITTING AT RETEST! ENJOY
Hello traders Some big moves in the markets today. NZD is proving strong and our strategy has presented a short trade on EURNZD pair. Working the 30M time frame here to a 1:2 risk reward ratio. As with all my ideas the back test results can be found at the foot of the idea for trading the pair in this manner. Test results are from January 2020 to today,...
📊BUY XAGUSD 27.53 ⚖️RR 1:2 📌SL 27.00 ✅TP 27.80 ✅TP 28.59
Reasons - 1) STOP RAID 2) BREAK OF MARKET STRUCTURE 3) RETURN TO ORIGIN!
PRICE HAVE BROKEN OUT OF THIS CHANNEL WAIT FOR A PULLBACK THEN ENTER A BUY. USE PROPER RISK MANAGEMENT
pRICE HAS FORMED MULTIPLE HIGHER LOWS BEFORE GIVING US AN IMPULSE AND IS NOW ON RETEST OF STRUCTURE. I AM LOOKING A BUY