The kiwi has risen up to a strong level of previous price structure resistance. While my overall bias is bullish I am expecting a drawback here to test support before trying to push any higher. I've drawn out my target at previous price structure we are likely to try and test support as well as a flit kijun sen level. Remember that we are close to a bullish...
This setup is a combination of a bullish breakout on the 1 hour chart, and a retracement play on the 4 hour. I'm going to look for buys if we can get a small dip to tenkan sen or kijun sen and hold above them on the 1 hour time frame. That will be my chance to get long and aim for my overall target I've drawn out here, as well as the partial take profit levels...
We absolutely smashed this pair last week and I'm looking for some bearish momentum to continue for us to take advantage of another sell opportunity. We dropped hard last week before ending the week by testing kijun sen and the kumo resistance we're sitting at right now. We have been holding kijun and the kumo so I'm going to look for a sell at a break below...
Price has currently broken above a major resistance zone and has been creating higher highs and higher lows which shows bullish momentum in the market. I may look to buy in the yellow zone after price confirms that it wants to go up with potential bullish candlestick patterns. In addition We can also see price is now above the Kumo cloud for confirmation which...
I am looking for short possibilities upcoming week, but I don't know fundamentals. So I seek some advice.
A little risky but I don't mind some long term trading with a smaller lot size. This is my bullish view on EUR/CAD. Wish me luck
GBPJPY BIAS SELL AS IMAGE SHOWN ABOVE What do you think?
AUDJPY SELL SL DAN TP ZONE SEPERTI DI IMAGE ATAS TRADE AT YOUR OWN RISK
AUDNZD has reached the daily timeframe resistance which when we look left. Lower timeframe we can see the bearish momentum Trade at your own risks
Last week (30/4/2020) GBPAUD rise up secara mendadak dalam 430pips Minggu ini saya melihat dia seolah-olah belum puas naik berdasarkan momentum bullish yang kuat
Love where this pair is at! We're about to attempt a bearish kumo breakout here at market open. I've drawn my entry a little lower near the bottom of the previous bearish kumo to the left of price. I've placed a stop loss just above the most recent candle high. This can turn into a nice swing trade, but I've also drawn out two partial profit levels to aim...
This pair has been pushing up with a lot of the news coming out about China changing their peg back to yuan, as well as the downturn of the markets that we've had with the corona virus epidemic. We got a long wick right before the market closed last week which lines up with a kumo rejection on the daily chart. For this setup I'm looking at a drawback back down...
Once the level 1.09000 is broken then the next TARGET will be, according to my analysis, 1.10900 then 1.11210
ETHUSD 4H Downtrend is starting and $160 acts as critical pivot. Based on 4H Ichimoku ETH is due to trend change, watching closely for repeated breakouts. We just broke $160 and downtrend continuation is likely. Shorts placed, breaking of $162-160 area with volume will invalidate the idea.