For people who trade EURJPY there is a further bullish continuation setting up on the 4hour. we are coming back the trend line of the current upwards move which also fall in line with some Fibonacci confluence. if we can reject that trend line once more and close above 122.800 this will signal a buying opportunity up to targets at 125.500 with a nice risk reward
I spy, with my little eye, an inverted head and shoulders. Plus a ER surprise.
Hello Traders! We see the strength in USDJPY continuing as the Fed is fully behind their Hawkish tone. Although economic conditions have been very weak, in our opinion, the Fed is satisfied with the current rate of unemployment as well as inflation, their two main factors when looking at the economy and how interest will impact the future. Our research...
www.screencast.com Pole here possible with a BHG to 120.30, 300 pips possible Wide Open Space here. Also she may break down to the 50% fib before the run up.
Note: USD/CHF remain bullish! Now, we need to wait for a bullish signal to long this pair. It will go to new high in 8-years time!
Note: GBP/AUD follows our prediction last week. We remain bullish on this pair. There are 3 trading plans for this pair: 1. Zoom into H4 chart, there is an immediate resistance line at 1.715x level, wait for price correction or pullback to 20-EMA and bullish signal to long 2. Wait the price pullback to support zone and bullish signal to long 3. If the...
Note: EUR/JPY follows our prediction previously. Overall, we remain bullish on this pair. We have 2 trading plan for this pair: 1. We wait for pullback to the support zone and another strong bullish signal to long with right risk amount 2. We zoom into H4 or H1 charts to look for pullback on 20-EMA and long with little risk amount Caution on the BOJ Policy...
Eurusd Ready For bulish eurusd Run on double bottom strong suport i m expecting BUlish . For More detail contact my whatsapp no :+923017490806
I like the long side as I am long. My first target is 27.50. I need to brush up on the fundamentals. If you have any insights, please leave in the comments below. Thanks
Tesla is trading in a 180-280 range. My strategy would be to trade the range with a bias toward the upside. There are strong feelings on both sides as to the potential and LT viability of TSLA. I don't have any particular insights. If you do, please share in the comments section.
Hi Traders, This trade set up is for GBP/USD based off of the 4H chart. Now we can see price action failed at the 61.8% Fib level on 3 occasions over 2 days. This failure supports the theory that price action is simply taking a break from moving up after a long period of gains. The market appears to be rejecting any further decline past the 61.8% fib level...
UC is ready for the next Swing and the Buying zone is already defined
Reading structure with the "Levels and Zones" indicator
base on elliote wave fibonacci level and trend line
cypher pattern
Looking for a pullback to around 1.25800 to go long with tight stop and primary target around 1.26170. Extended second target around 1.28.