FX Analysis (2017-7-20) AUDJPY is currently going an uptrend on 60min chart. We simply apply a trend trading technique where we look to long when retest or at BO. A Inv. Triangle was formed and we entered at the BO of the trendline. TP#1 @1.272 Fib Level SL 1 ATR below the Inv. Triangle formation
FX Anaylsis (2017-7-17) GBPJPY is consolidating near previous major Structure Top (145-148.12). We are looking for short term opportunity to Long near previous minor Structure Support with a Bullish Cypher completion near 145.77 inside the consolidation zone.
FX Analysis (2017-7-17) XAUUSD just broke out a Head & Shoulder neckline inside the Structure Support Zone (Green Zone). We are looking for 1) a retest of the neckline or 2) a BO of current level for entry. We also noticed major Structure Resistance (Red Zone) ahead. We shall close monitor XAUUSD when the price reaches this level.
FX Analysis (2017-7-13) If we look at the 240m chart, we can see EURUSD has been holding above previous structure top and consolidating. We noted a Potential Cypher completion near 1.350, we will look for a higher close candle stick before entering this trade.
After its recovery state before, during, and after the Brexit implementation, Pound was able to outperform several of its forex pair including the dollar -- being able to rise, and stay, above the 200sma, a long-term trend indicator. After the huge sell-off on the Pound, GBPUSD visited a near-term support in a day. Considering it is difficult to look for signals...
As with most things in life, letting a trade set up steep and mature prior to entry is basically how you make the most profit. Come and be successful. Should the support bar break I am in, joining a clear strong signal = Short/Medium/Long term trends all down. GL and may all your trades be monsters ;)