the price is standing at a pretty strong area of resistance that might push the price downside
The Japanese yen pound is on a downward trend. The above decision shows that rising global bond yields and sustained high inflation are making it more difficult for the Bank of Japan to maintain its yield curve control policy. As the outlook for the economy and prices remains extremely uncertain, the Bank of Japan will continue to promote accommodative monetary...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis. Press like button if you enjoy this content 😊
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Not an excellent risk reward ratio but still holding bearish bias for it to break the major trendline for this pair as long as it doesnt invalidate the hns pattern.
Here is my Analysis for this pair. Keep an eye on price action at my Resistance line. go long upon rejection
I am pretty sure (80 percent as is case with morning stars) price is going UP. Now the only question is where - to the next major pivot resistance level! I sketched two possible scenarios. Bu be careful guys - find the right moment on smaller timeframe. This is no financial advise, just sharing my humble opinion:) Stop below monthly S2 is pretty safe. If price...