The price has broken the support level of 146.600 signaling a possible downtrend. I upward pullback to take place soon, but I am not placing a buy order due to the pessimistic market of GBPJPY. I am focusing to short GBPJPY in the zone. Trade Safely!
looking for a bearish move - we have to break 146.710 to stay short trend will change if we break around 147.4xx - 5xx
As of today, USDJPY is inside a symmetricl triangle pattern. Is it going to break the resistance line or move back to support?
As of today, USDJPY is inside a symmetrical triangle pattern. Is it going to break the upper resistance line or move back towards support?
En attente d'une cassure pour un buy ou sell :) Wait and see
we are seemingly in a wave 4 , you can see the bleu zone with represents the 50%to61.8% of the small subwave1 of the new trend , if we get a bullish candle stick signal in the bleu zone we will be long TP1:0.68702 TP2:0.69117 STOP LOSS: 0.68301
I see this trade in Amateurs eyes for very risky short position. If you would like to get in, it's not smart because on the other side, we have buyers who are waiting for small sellers. At this moment every amateur looks at M15 and think; ''Oh,this is range and we broke through. Now I can get into and earn some money''. It can go to 1:1 (sl/profit) from entry...
Hey traders, Based on this analysis, right now should be a good time to buy EUR/NZD. Confluence of : - Fib/Support zone - Retest of trendline - Bullish channel - Oversold and rejection confirmed Good luck ! :)
Hey Guys ! Here is a nice potential entry for a sell order on CHFJPY.. We have a nice confluance here as usual .. Based on: - Parrallel channel (bearish) -Fib-Resistance zone confluance - Standard Deviation - Overbought - Strong bearish momentum - EMA cross strategy Good luck !