Here we have EURJPY hitting a very major Support line . How major? 2010 High 2012 Low And now we have finally come back to test it in 2016 . Of course the EU Referendum is having a Major impact on this pair, hence its continuous decline in the coming months. But I believe that history will have an impact on this pair and it will climb its way back up...
Just looked at global indexes and came across these patterns. Both Patterns are almost near to X levels. So ultimately risk will be reduced very much. Note : 1) RSI is completely oversold in single digits 2) Though I am posting now, Idea will be shown from next candle which is after 4hrs and at that time scene can be different & patterns can be invalid. But right...
Sell this breakout. Track 4hr. TG1 : 105.56 TG2 : 103 (Bottom of channel) Kurodo may intervene at 105
I am long in USDJPY in the view of FED Possible Interest Rate hike in June/July and G7 Countries Meeting in the Japan. And rumour of possible Japanese intervention in the Currency market.
Fairly plain to see here if you follow my style at all. I love to trade breakouts.They are a high probability pattern, and being that human psycology drives all markets we knw that the pattern will continue to repeat itself. All we have to do is find them... On the 4H price action has broken out from a wedge and has come back down to re-test. As soon as I see a...
PA has found a fairly well established trend line as resistance. In addition PA is below the 200sma which increases odds of a short position. As soon as PA breaks the small trend line to the downside I am going to open my short position. I just got stopped out on this pair two days ago so I am proceeding with caution as I dont like to revenge trade. Keep a cool...
Keep looking for short this timing worth looking for trading
tp1: Hit twitter.com
H4: we are currently inside of a h4 supply zone and reacting from it H1: H1 supply is way below and there is a room to run untill there 15min: just created a 15min original supply zone TP1: 1:1 R:R TP2: Trail till just before reaching the opposing h1 demand zone twitter.com
Very well-formed descending triangle, which is typically a bearish signal. 6 hit points, with the hit points converging towards the apex of the triangle. Depending on how you trade this, you could look to go long now and ride a potential furthering of the triangle, closing out at the resistance and then shorting a break to the downside. Alternatively, you could...
USDJPY went right for the support I've draw two months ago. Nothing changed if doesnt break it. Regards and happy trading!
MY Idea BOJ Affects to move down a lot. I think it is going to 4th Wave (or A) I stil waiting for signal to trade. It is too risk to trade now.
AUD/JPY is testing the resistance at the 86 level for the 4th time on the 4 hour chart. If resistance breaks possible long opportunity. If not good short opportunity.