FX:AUDJPY according to my analysis there is short position in the pair audjpy i will go short from 74.29 to74.11 and sl should be 74.56 .alaways stay green best of luck
Sup Traders Last idea analysis worked out beautifully, This is what i am seeing that could happen now... Remember to keep your risk managed! Cheers!
We had a negative tone to fear to feel at the beginning of the week, perhaps after Trump's news playing down positive China trade talks (incorrect coverage of US willingness to lift tariffs as part of a "step one" agreement). For now, the key level which I mention in chart 0.6850 had a break earlier and is now testing. The message to look for is a bearish one as...
Bearish reversal probability on the H1 time frame.
Bullish reversal probability on the H1 time frame.
Sup metal heads I believe gold will make to the 1440 area in the next few days due to some historical data... Gold likes its historical analysis for sure... Remember to keep risk managed! Cheers
100 or 90 DXY by December? Let us know
Bearish price action reversal on the H1 time frame. Seem exhausted bull and retracement intake.
Strong loonie. Higher timeframe still points out the bearish sentiment and bearish continuation. Assuming some further dip.
Bearish price action reversal on the H1 time frame.
Sup traders The usdjpy is looking like a nice sell to me with divergence and fake volume, looking very tasty to me! Remember to keep your risk managed! Cheers ;)
A small swing short idea. It seems like exhausting bulls and retracement/pullback/correction whatever may be a scenario. Overall it may have bounced from a demand level of higher timeframe so this idea may only be focused on playing the retracement of this overall bullish trend. Everything is clear where we exit? If monthly pivot R2 is crossed by price. Where we...
As the pair approaches 1.12 level and a 3rd touch on the downtrend line, also 200SMA, resistance is quite strong and catching a short trade on the bounce offers great risk reward. For more confirmation we can wait for the break of the uptrend line. For a buy trade, a strong break is required to the upside. Best to wait for the break on strong data, retest for...
SO USING AGAIN ELLIOT WAVE THEORY I ASSUME THIS IS SIMPLY A BULLISH CORRECTIVE WAVE WITH THE TARGET SOMEWHERE BETWEEN THE SHADED AREAS (DOUBLE TOP, LOWER LOW, HIGHER HIGH) BEFORE WE CONTINUE LOWER. EITHER WAY I STRONGLY FEEL THERE WILL BE SOME TYPE OF DIVERGENCE, WHICH WILL INDICATE ITS TIME TO SHORT AND OF COURSE WOULD BE A GOOD PLACE FOR AN ENTRY. LET ME KNOW...
SIMPLY USING ELLIOT WAVE THEORY I ANALYZED THE TREND AS YOU CAN SEE IN THE PICTURE (HOPEFULLY I DID IT RIGHT) AND TRIED TO PREDICT WHERE THE FINAL 5TH WAVE WILL END, (I USED FIBONACCI TOOL) EVEN THOUGH THAT CAN BE DIFFICULT AT TIMES. I AM NO EXPERT YET, SO LET ME KNOW WHAT YOU GUYS THINK I APPRECIATE FEED BACK THE MORE THE BETTER!
This week the index broke and closed below the rising correctional movement and we see a new lower low lower close. Now bears will keep pushing the market lower. The first zone from where we can expect a pullback is 96.4 - 96.8. Pay close attention to this zone and watch the market reaction.
Bullish to the shorter term structure of the 61.8%