Anchored notes on chart outline key details. If this level holds, there's a good R-multiple trade here. [ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple...
let us hope to see bearish pressure enter this market for some risk off movement
NzdJpy is in a general upward trend as demonstrated with my 3 trendines, with that in mind, price has broke through a supply zone which is not a demand zone, price retesting this zone in confluence with the aggressive upward trend and engulfing candlesticks within the zone we can only conclude that price will continue upwards for 139 pips
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (102.75). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDJPY is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (102.75). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDJPY is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Low risk entry on USDJPY. Theory: Price spent a very short amount of time at the level because of the strong supply & demand imbalance.
GBPJPY Currently: Rangebound I assume the price may go up to 142.700, and then falls down. 1st: 133.050 2nd: 126.650
The JPY continues to be in its strongest COT position for the past more than a decade. The question here is not – “Will the contracts start to reverse?” , but “When will they?” . As we know such peaks lead to long-term trend reversals and right now, we are close to one. The upper trendline of the weekly closed triangle has been respected many times and...
Good morning traders, today we want to share with you our weekly chart analysis on the EUR / JPY pair so that you can see why we consider that it has great upside potential. In addition, we will detail the short-term vision, which supports the long-term vision. 🔸In the Weekly chart, we see that at the beginning of the year the price bounced in a strong support...
HELLO TRADERS - Price is consolidating in Ranged. - We will consider short only after the breakout of 125.800 area. - If price will break 127.300 then trend will be bullish.
GBPJPY - As per the price action & daily chart patterns it is expected to go down from here. My approach will be a sell here at current price 140.200 Maintain Stop loss around 140.450 Potential downside target 139.700 - 139.500 Trade as per your risk appetite, I will be glad to see your likes & comment. Why you should follow this tradingview account ? Managed...
CHFJPY is moving inside a range. The price after the last impulse tested the 0.618 fib level. According to Plancton's strategy, if our condition will trigger, we can set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure ->...
Description: Price is holding below the EMA (34) and trendline, showing bearish pressure. A further push down from our pivot 102.878 where the 50% Fibonacci retracement and horizontal swing high resistance are, towards first support at 102.602 is possible. Otherwise, failing to hold below pivot would see price swing towards 1st resistance where 61.8% Fibonacci...