AUDJPY crossed today over the MA50 (4h), breaking at the same time above the 10 day Bull Flag pattern. All this after holding the MA50 (4h) as Support. Trading Plan: 1. Buy on the current market price. Targets: 1. 97.675 (Resistance 1). Tips: 1. The RSI (4h) broke above its Resistance. An additional bullish signal. Please like, follow and comment!!
PA on this thang—CHFJPY—has broken the ATH. If you plan on catching the downtrend, the most conservative option left is: SSO @ 157.15 (8W) BLO @ 112.15 (7W) ⚠️ MORE INFO TO FOLLOW 🔑 ATH — ALL-TIME HIGH DT — DOWNTREND PA — PRICE ACTION
Hey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 143.600 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 143.600 support and resistance zone. Trade safe, Joe.
Divergent monetary policies between the Fed and BOJ have allowed USD/JPY to extend its bullish trend on the daily chart. Whilst the Fed are very close to their terminal rate, they have to keep the threat of further hikes on the table to tame inflation expectations. When coupled with the ultra-easy policies of the BOJ, we've seen USD/JPY return to its cycle highs....
29/06/2023 - 30 Min TF After a long Bullish run, we can see on the 30Min & 1 Hour timeframes there has been a shift move in momentum in the last few days. The market has been highly bearish so we will be looking for sells in the market. The market has been highly bearish so we will be looking for sells in the market. Dispite the bullish momentum on the Weekly &...
NZDJPY - 24h expiry - We look to Sell at 88.25 (stop at 88.75) Broken out of the wedge to the downside. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. A move through 87.50 will confirm the bearish momentum. Short term RSI has turned negative. Our profit targets will be 87.05 and 86.85 Resistance: 88.00 / 88.25...
NIK225 - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Price action looks to be forming a top. A lower correction is expected. Although the anticipated move lower is corrective, it does offer ample risk/reward today. Further downside is expected although we prefer to sell into rallies close to...
after a very strong uptrend price has been pulling back in an downward channel. a break and close above resistance would likely see the trend continue upward.
GBPJPY hit today the top (HH line) of the Megaphone pattern that started on the May 24th 2021 High. Tha last time it did (April 18th 2022), the price got rejected back to the 0.618 Fibonacci level and the 1W MA50. Right now the 1W MA50 is already near the 0.618 Fibonacci and is headed towards the 0.5. With the 1W technicals vastly overbought (RSI = 75.716, MACD =...
Adam Cole, Chief Currency Strategist at RBC Capital Markets, has highlighted recent policy shifts from the Swiss National Bank (SNB), the persistent threat of imported inflation, and increasing levels of verbal intervention in Japan. "While the Swiss National Bank (SNB) may have let down some investors with a 25bp rate hike last week when many were hoping for a...
Trading Setup: A Trading Signal is seen in the EURUSD Currency Pair. There is a Trading Signal to Sell in EURUSD Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 109.16 ⭕️SL@ 109.71 🔵TP1@ 107.91 🔵TP2@ 107.01 🔵TP3@ 105.41 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving...
Details on chart - looking to see more continued buys on GJ after solid pullbacks occurred
Sell CHFJPY wedge Breakout ✳️✳️ Sell Chf/Jpy @ 160.84 Tp - 160.00 Sl - 161.40 its good chance to sell now If you found my post helpful or informative, could you please leave a comment 💬🖌 and hitting that like button💚💚 “Markets are never wrong, but opinions often are.”-Jesse Livermore Good Luck💛💛
EURJPY is trading inside a Channel Up for the past 3 months. The price is approaching the top of the Channel Up on a +9.00% extension, such as the May 2nd top. Trading Plan: 1. Sell on the current market price. Targets: 1. 153.750 (bottom of the Channel Up, below the 0.382 Fibonacci and above the MA50 1d). Tips: 1. The RSI (1d) will give a confirmed sell signal...
SLO2 @ 154.90 ⏳ -SL @ 149.00 🚫 SLO1 @ 146.50 TP1 @ 131.00 (shaving 25%) TP2 @ 117.75 (shaving 25%) TP3 @ 108.15 (shaving 25%) TP4 @ 108.15 (shaving 25%) BLO1 @ 80.60 ⏳ BLO2 @ 77.85 ⏳ TIMELINE 00:00 SHOUT OUT TO BRAD MCAFEE 00:40 FXCM Historical Data 02:05 Institutional Buying Range 02:54 Price Action 03:35 Supply Zone 04:47 Shaving at each TP 05:15...
-SL @ 195.00 🚫 SLO2 @ 191.25 ⏳ SLO1 @ 183.75 ⏳ TP1 @ 169.66 (shaving 25%) TP2 @ 157.50 (shaving 25%) TP3 @ 148.66 (shaving 25%) TP4 @ 135.00 (closing ALL Sell Orders) BLO1 @ 131.75 ⏳ BLO2 @ 123.75 ⏳ -SL @ 120.00 🚫
🙌🏾 NO RISK TRADE MODIFICATIONS SLO3 @ 191.25 ⏳ SLO1 @ 183.75 📉 +41 pips +SL @ 183.66 🚫 +9 pips SLO2 @ 183.20 (1m) ⏳ TP1 @ 169.66 (shaving 25%) TP2 @ 157.50 (shaving 25%) TP3 @ 148.66 (shaving 25%) TP4 @ 135.00 (closing ALL Sell Orders) BLO1 @ 131.75 ⏳ BLO2 @ 123.75 ⏳ -SL @ 120.00 🚫 🤑 Our Net Equity is @ +158 pips 🚫 +SL modified to preserve capital...