4hr chart on GJ shows a potential double top, with a smaller structure double top on the first leg, price has now broken the support of 168.580, and is currently testing it as a resistance. Smaller time frames show shapes for a sell, so I anticipate a sell on this market. I will wait for the 4hr stick to end so I can make a better decision on the pair. My earlier...
Price has a recent support at 167.736 which its currently making a break out of & also it formed a resistance at 168.425. Price also just formed multiple lower lows while moving in respect to a newly formed downtrendline as you can see from the chart. Now if price respects the resistance & closes below the support, then we can expect price to continue pushing down...
Closed very early so my profit was made early but left the analysis just to watch and clearly we were right. We stay working and looking for new strategies. THIS STRATEGY IS NOT FOR THE FAINT HEARTED. 😎😎😎😎😎😎😎
Price has a recent support at 168.015 & resistance at 168.717. And also price made a breakout of the HTF uptrendline as well signaling a possible retracement move in a newly formed downtrendline. Now if price closes below the support, then we can expect price to continue pushing down to the next Support zone at 167.047.
Triggered and still running in profits, I had to quickly freshen up so I couldn't close where I wanted but we still in profit. I'm having to wait for the required target before closing if not It'll close (SL HAS BEEN MOVE TO BE). I'm not a donation company so I do not donate to the market and neither should you.
Price has made a retest, on the 30min, 1hr and 4hr..we will go up more
This week I'm trying a new strategy. It includes RISKING HIGH, LOW RR, 15 MIN SCALP and NO SL. SO STAY AWAY FROM MY ANALYSIS AND FORECAST THIS WEEK UNLESS YOU CAN AFFORD TO. Be careful this week, there are quite a few fundamental news which will impact markets.
Price has a recent support zone at 168.400 & resistance zone at 169.337. And also price made a breakout of the HTF uptrendline as well signaling a possible retracement move in a newly formed downtrendline. Now if price closes below the support, then we can expect price to continue pushing down to the next key level at 167.810 or all the way to 167.047. However if...
Last week, I showed the possible double bottom that former on the 4hour chart, market typically moves in 3levels, on the 28th September, we had the second leg of the double bottom, price pushed up since then. Sometimes after a 3 level push, interday trading, we either have a reversal, or a continuation. On the smaller time frames, we have gone up 3 levels from...
We have not been to this zone since August 2016, and right now there are no structures to the left to stop us from going there. Ifwe get a bigger time frame retest, we could push there before the end of this week. If we get there and break it, we will go up even further. GJ is now pushing up as aggressively as USDJPY is, which is currently breaking record highs.
Price facing recent support at 167.073 after creating a new high retesting HTF resistance level at 167.846 while also moving in respect to a HTF uptrendline. So if price closes below the support zone, then we can look for trades on the short side expecting price to push down retesting the next support levels at 166.363 or 165.419. However if continue to respect...
SL was moved into TP earlier so we closed and we are out of the trade. Close your laptop, read a book and enjoy your weekend.
Set this Buy Stop Last Night because of the flag I could see. It triggered and because of the slow volatility, I will probably manually close.
GJ broke the resistance of 162.545 yesterday, we did get a rest of the zone to become a support, however we are in consolidation for now, though I expect a buy to 164.3385 at least, could go higher, But I mostly trade between zones to be safe. The 4hr stick is far from support EMAs, so it is currently doing a retest also, we will have to see what price does at the...
Analysed this, placed my buy stops and now I will move my SL into profits. I don't run a donation shop so I cannot give back to the market, in that the week close comes near so we might have a lot of volatility coming. FOLLOW YOUR RULES AT ALL TIMES NO MATTER WHAT.
G/J perfectly rejected our key level creating a new bullish trend.
Perfect retest on 15min chart for a buy, price finally broke above resistance and retested, its about to end as an engulfing going long for a buy signal
looking at buys here as the yen weakens, VERY SMALL RISK leave it in for the night.