buying on a break of the high can play out nicely trendline, very strong support, exhaustion gap, rejections, 30 min bull engulf with this comfirmation entering buy would play out nicely could even run up and fill that gap
Thinking of frying multiple hatched eggs, :) lol Hope market is happy if I milk it
At the start of the week, price broke out of our daily level of 167.500 and the 4H resistance level. Price has recently came back into the 4H zone for the retest and in the same time frame price has retested and created a bullish engulfing candlestick to confirm the move to the upside into 170.000. If price is willingly able to break that daily level of 170.000...
GJ to continue the uptrend as predicted, it formed a small structure with reverse head and shoulders on support, made a retest and we will continue up.
Price has made a retest, on the 30min, 1hr and 4hr..we will go up more
As you can see, GJ made an early move up this morning. After breaking through and retesting last week's market level of 166.945, also the blue line which is the channel that price was trading in the 4hr chart. Price gave a perfect retest on the 30min chart and the 4hr chart, the 4 hours being a stronger time frame which means stronger confirmation of retest. Price...
Price is finally at the zone I have been waiting for since Friday, it has now broken that resistance and on the smaller time frame of 15min we can see the retest. If we close bullish engulfing, we could go more up..Price can also go up on the higher time frames, and then come back down to test this zone, and either breaking and going down, or confirming another...
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.
Looking at sells however it is very late in the day - best way to handle this is by reducing risk especially as the market is setting up for NFP tomorrow. Be smart , protect capital. The number 1 rule in the markets is to minimse losses
GJ forming possible a double bottom at strong support for the new york reversal, and possible buys to the next zone, for a bullish continuation.
2/2 last trade of the day followed rules, sl set, not much else to say really other then i would like to see this hit 20 pips, move sl to break even at 20 pips and let it roll.
GBPJPY is a buy, you can buy now or wait till the 1hr stick closes for stronger confirmation
As discussed yesterday, GJ formed a double bottom , it has formed its first leg and made a retest, it has now formed a smaller structure double bottom at 50ema support, we should see some good buys now for second leg
This morning during London session, I gave a buy signal on gj. We are currently up 160 pip, and looking to hit tp at 164.357 @ 195pips. Follow me for more and give a boost to show some love for these fire entries!!
Looking at a potential buy here, price action indicates price is waiting to pop like a coiled spring, however it is end of month so stay safe. 0.5% risk.