Price looks overextended for this pairs long term downtrend. There is a lot of indecision going on around 140.00
If we look at DXY, we can see that it is currently very bullish. We are expecting moves to the upside. We have an area marked out at the 108.65 level. We are taking entries at current price. We may experience some consolidation at the current price area before seeing that move up. Based on price action, we can see that there is still a majority of buyers within...
Aveiq Capital Management Group 14th November 2019 If we look at DXY, we can see that it is currently very bullish. We are expecting moves to the upside. We have an area marked out at the 108.630 level. We are taking entries at current price. We may experience some consolidation at the current price area before seeing that move up. Based on price action, we can...
USDJPY SELL IDEA , a clear rejection followed by a pin bar, Kindly share your thoughts in the comments section. My previous idea for usdjpy buy can be closed at breakeven. thank you.
Long term buy JP225/NIKKEI225 Follow on Instagram @logic.worldwide
If the hourly candle closes below the 200 Ma then go for sell
My algorithms show multiple confluences for a short entry for this pair. I am currently in, I see price is currently below the 200 day average along with multiple candlestick patterns that signal an entry. I will be taking price down to 118.00 support where many buyers will be looking to enter as it signals a bounce off of a short term trendline. Trendlines have...
The Swiss franc's rise against the japanese yen is extending into a third week now with almost zero interruptions in daily terms. The yen continued to lose steam over the September drop in Japanese exports. Looking at the chart, 110.85 will a crucial point if the rise continues. But before reaching there, we should watch the 110.50 line.
Example: EUR/JPY Ascending Triangle
If my EW counts are correct, we could potentially see 71.307 area for wave 5.
Here we can see the stock makes a pennant. We should wait it to cross the upper line and then buy it.
TSE:4519 Net breakout of the resistance of this ascending triangle. As always, one of the parameters for deciding whether or not to enter our trade is the Yield Risk ratio, in which winning trades allow us both to compensate for the small losses we make 60% of the time and to create that extra margin for regular profitable activity. Remember: Trading is an...
Fed Decision: Interest rates cut by 25 basis points after FOMC meeting. The Federal Open Market Committee decided to lower the rate to 0,25%. FOMC does not have a fixed position: some members believe in further reduction, other members voted against any further reduction at this meeting. So could observe the lack of dollar sales. Different positions are...
Referring to the this post 2 days ago : The daily range for yesterday was 100 pips roughly whilst the 20-day ADR was 130. I would consider it a hit. Today's 20-day ADR is 132 pips and I expect this will be reached today and hopefully to the downside. I am still bullish the Sterling and I am looking at liquidity pool at 134.600-134.500 and 134.00 price...
4H Chart Explanation: - Price made a pullback to the Ascending Channel. - Price broke the Ascending Trendline. - Now, it has potential to move down towards the Support Zone. Check out our Weekly and Daily Analysis! Weekly Analysis: Daily Analysis: